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Country Hotel: 10-Year Operating Lease in Veiga de Penso, Braga, Northern Portugal

Basic rent excl. utilities

€10,000
  • 16 Rooms
  • 10 Bedrooms
  • 19 Bathrooms
  • ~1,210 m² Total surface
  • ~1,480 m² Plot surface

Description

The ‘Alves Rural Hotel – Events’ comprises 10 suites, an approximately 285 m² event hall and a swimming pool, available under a 10-year operating lease in Veiga de Penso, 7 km from Braga city centre, in the Braga district of northern Portugal. The property totals 1,210 m² of construction and 16 rooms over two floors, has an energy rating of A, and combines accommodation and events on the same premises, making it suitable for a hotel, rural tourism and events operator.

The rural hotel consists of two L-shaped buildings arranged around a central outdoor area. The main building houses the management, reception and common areas, with five suites on the upper floor and a studio on the lower floor. The support building has five further suites on the upper floor, a games room and a lounge overlooking the pool, and, beneath these, a garage for five vehicles.

The hotel’s 10 suites are divided equally between the two buildings, six of them featuring jacuzzis. They have wooden frames with double glazing and views of the surrounding countryside. The interiors predominantly feature granite walls, wooden floors and traditionally crafted wooden ceilings. The upper-floor balcony serves as an outdoor living area, overlooking the courtyard, pool and rural horizon.

The property’s event hall occupies the central area of the complex and measures approximately 285 m². It features high ceilings, exposed wooden lining, a wood-burning heat-recovery fireplace, air conditioning and furniture. It has a supporting bar and service areas and hosts conferences, weddings, corporate gatherings and family celebrations. The industrial kitchen has separate preparation and washing areas, access to the breakfast dining room and direct access to the exterior, facilitating circulation during large-scale events.

The property was renovated in 2004, while preserving its original features, and has an energy rating of A. It is equipped with 32 photovoltaic panels, a heat pump for room-by-room heating and cooling, and a heat-recovery fireplace in the event hall.

Outside the rural hotel, an approximately 60 m² swimming pool occupies the centre of the courtyard and is surrounded by decking, lawn and granite paving. The leisure area includes a games area, seating areas and a threshing floor. The lease also includes a 12,000 m² plot suitable for events, with capacity for additional facilities such as tents, bungalows or supplementary parking. The buildings stand on a 1,480 m² plot.

The property is available under a 10-year operating lease, at a rent of €10,000 per month. Taking over the business requires an entry payment of €150,000, or €75,000 if the planned works are undertaken by the new operator. The arrangement across two buildings separates the accommodation from the event areas, allowing guests to stay while weddings, retreats or conferences are held without compromising their comfort. The offering can be expanded with regional gastronomy, wellness, outdoor activity and cultural-visit packages.

Features
Air-conditioningBalconyGardenPatioSecurity systemSwimming poolFireplaceBuilt in wardrobeGreen viewGuest toiletMountain viewOpen viewFurnished
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Engel & Völkers Minho

Your advisor: Luis Guimarães

Property ID: W-04BDXJ

Property details
  • Object type

    Other

  • Rooms

    16

  • Bedrooms

    10

  • Bathrooms

    19

  • Number of Floors

    3

  • Parking spaces

    5

  • Total surface

    ~1,210 m²

  • Plot surface

    ~1,480 m²

  • Garden surface

    ~565 m²

  • Flooring

    Stone, Tiles, Wooden floor

Energy efficiency information
  • Energy efficiency class

    A+

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Energy source

    Electric heating

Location: Escudeiros e Penso (Santo Estêvão e São Vicente), Braga

Alves Rural Hotel - Events is located in Veiga de Penso, in the municipality and district of Braga, northern Portugal, 7 km from the city of Braga. The rural hotel’s surroundings consist mainly of flat, fertile agricultural fields, which explains the peaceful character of the area.

From Braga’s urban ring road, 3.5 km away, the rural hotel in Veiga de Penso has quick access to the A11 and A3 motorways. Francisco Sá Carneiro Airport in Porto is about 30 minutes away, and the Spanish border is less than an hour away. Peneda-Gerês National Park is also nearby.

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