Portugal’s central region is a unique location that offer affordable tourism and endless possibilities through all seasons. Investing in a small and charming hospitality venue, that is already all set to receive guests, is a great opportunity with potential for a quick and low-effort return.
Great Location for Year-Round Returns
Close to the famous and traditional city of Coimbra, home to one of the oldest Universities in Europe, also a UNECO World Heritage Site, lies the village of Penacova. This charming Portuguese town holds many treasures, and it is brimming with amazing heritage landmarks and inspiring scenarios.
Thanks to the surrounding nature and picturesque places, touristic venues in Penacova do not need to rely solely on one season to profit. During the warmer months, the diversified offer of outdoors options, including water activities on riverside beaches, can allure tourists that wish to flee the crowds that are mounting on the Algarve. When the weather gets milder, visitors can checkout the region’s characteristic windmills or marvel at the Lorvão Monastery.
Besides that, by being located in the heart of Portugal, Penacova is a hidden gem offering unparalleled access to some of the country's most vibrant and historically significant cities. This central positioning makes it an ideal base for exploring the rich cultural tapestry of Portugal, whether you are seeking urban sophistication or countryside tranquillity.
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For those looking to venture further, Aveiro, the "Venice of Portugal," is only 50 minutes away, offering picturesque canals and stunning beaches. The charming city of Viseu, known for its medieval streets and excellent wine, is just an hour's drive, while the bustling metropolitan hubs of Porto and Lisbon can be reached in approximately 90 minutes and 2 hours, respectively. Penacova’s strategic location ensures a perfect balance between serenity and accessibility, making it a standout destination for both living and exploring.
In that promising setting lies a unique property, ready to turn your investment into profitability.
Ready to Operate: Charming Boutique Hotel Property
This beautiful property is surrounded by nature and pleasant activities such as hiking trails, mills sightseeing and refreshing dives in the Alva and Mondego River. It was built in 2021, and it is being sold completely furnished.
This once-in-a-lifetime opportunity offers comfortable rooms and many amenities that guests will surely love. The place is ready for business with spaces well thought out for a smooth management such as a professionally equipped kitchen, a separate laundry and linen storage room and a warehouse with freezer.
Price €1,200,000
An Investment That Doubles as a Relocation Pathway
If you have your heart set on Portugal but still need to figure out the best relocation path for you, this boutique hotel can also be the answer. Thanks to the D2 Visa program, you can apply for Portuguese residency by opening up a business in the country. Portugal Homes can assist you throughout the whole process and we even have exclusive D2 Visa packs that tailor to different needs.
Are you ready to make the best of this beautiful, serene property, turning it into a dream and profitable hospitality venue? Contact us now to book a visit.
