Convento da Provença: A 12th-Century Heritage Site in the Heart of Serra de São Mamede
Located in the tranquility of Portalegre, Convento da Provença is a rare gem that unites eight centuries of history with the refinement of an exclusive experience hotel. Its proximity to the city of Portalegre (only 8 km away) and the soon-to-be-opened golf course in Marvão are further highlights.
This 15.5-hectare property offers a biodiversity sanctuary, featuring, among others, a certified millennial olive tree. Careful renovation consistently preserves the soul of the monument.
With a consolidated business model for first-class events, as well as the potential for expansion into new accommodations and catering, this is the perfect opportunity for those seeking a real estate investment with character, profitability, and an incomparable landscape.
- The property spans approximately 15.5 hectares and is located within the Serra de São Mamede Natural Park.
- The monastery was renovated between 2007 and 2026.
- Currently used as an adventure hotel and for event rentals (weddings, birthdays, etc.). A new restaurant license is near approval.
- The building is a classified historical monument, with a long history documented since the 12th century.
One of the oldest olive trees in Europe, approximately 2,030 years old, is located on the property. The tree is registered and certified. Cork oaks, olive trees, and fruit trees are also present.
- Cork extraction is also productive.
- Two freshwater springs and an artesian well are available for use. An additional 10,000-liter freshwater reservoir serves as a backup.
- Water heating is provided by an inverter heat pump (installed in 2023), with a diesel system as a backup.
- All rooms have air conditioning for heating and cooling.
- A large 12-meter container for storage with shelves, and a smaller 6-meter container as a fully equipped workshop.
- A large swimming pool with several sunbathing areas.
- Two fish ponds, plus a large seasonal lake.
- A 5-meter high swing is located on the eastern slope.
- The entire property is fenced. Three large pastures are fenced and equipped with permanent water supply, along with two animal shelters. There is also a chicken coop and a kennel.
- According to the tax authority, the property is exempt from IMI (Property Tax) as it is considered historical heritage.
- Approximately 1,000 m² of construction area near the property entrance. According to local authorities, this zone can be used for apartments, commercial buildings, a hotel, a shop, or other purposes.
- The company can be acquired along with the hotel (property) and its entire inventory (furniture, antiques, kitchen equipment, licenses, etc., at an additional cost of approximately €395,000, excluding vehicles).
- The property is currently used as a hotel and for occasional events. The estimated revenue for the restaurant is approximately €400,000, plus €100,000 for event hall rentals.
ROOM DISTRIBUTION
Floor 0 (Ground Floor)
- 4 hotel rooms / 1 hotel suite
- 1 staff room with bathroom and toilet
- 1 living room/lounge with fireplace
- 1 office / 1 reception / 1 cleaning room
- 1 covered balcony / 2 covered terraces
- 1 sales room / 1 breakfast/lunch/dining room
- 1 guest toilet / 1 laundry room / 1 archive
- 1 main kitchen / 1 wine cellar
Floor -1 (Basement)
- 1 large event hall / 1 kitchen for the event hall
- 1 additional staff toilet / 1 guest toilet / 1 shower
- 1 laundry room / 4 small storage rooms
- 1 boiler room / 1 covered terrace (relaxing lounge)
Floor 1 (First Floor)
- 3 hotel rooms / 2 hotel suites
- 1 prayer room / 1 large covered balcony
- 1 cleaning/utility room
Total of 17 rooms, of which 10 are currently available for rental (excluding event hall, kitchen, bathrooms, and service rooms).