Approved renovation project in Castro Verde historic center

Reference:SV1760

The project is approved and can be developed as lodging with commercial space. With minor changes it could also be developed as residential apartments and commercial spaces.

Located in the center of the Alentejo town of Castro Verde which enjoys a particularly convenient placement on the A2 halfway between Lisbon and the Algarve .
The building is located on the historic N2 which is the road that runs from north to south and showcases the diversity in culture and cuisine in Portugal. The building has always been an inn for the traveling salesmen where they could enjoy a meal and a room to spend the night on their transit.
As a result, there is a large kitchen with a beautiful authentic stove and consumption room and various rooms on all floors. So you can completely restore the building to its former glory and turn it into a fantastic B&B.

Castro Verde is also a Unesco culture site and a protected biosphere reserve with unique species of birds in the surrounding countryside which attract birdwatchers from around the world.
The historic Basilica royal has just been designated as a national monument and reopens to the public in March.

https://alentejo.sulinformacao.pt/en/2022/02/basilica-real-de-castro-verde-promovida-a-monumento-nacional/

Further, Castro Verde is located 20 minutes drive to the Somincor mine(owned by a Canadian and Swedish company) international engineers and specialist are constantly arriving for numerous projects.
Between business, history and nature there is a great shortage of accommodation.

So possibilities and opportunities everywhere, we would like to discuss the possibilities, contact us and book a viewing !

PROPERTY LOCATION