Building for sale in Évora

Investment Building in the Historic Centre of Évora We present an outstanding investment opportunity in the heart of Évora's historic centre, a UNESCO World Heritage Site. Ideally located just a short walk from the University of Évora and Gabriel Pereira Secondary School, this property benefits from strong and consistent demand from students, residents, and tourists throughout the year. With a total area of 241 m² , the property is divided into several independent units, offering multiple income streams and excellent investment flexibility. Property Composition: 1 spacious five-bedroom apartment (T5), ideal for student accommodation, families, or professionals; 2 studio apartments (T0), perfect for long-term rentals or short-term accommodation; 1 basement studio (T0) with independent access; 1 one-bedroom apartment (T1), ideal for couples or traditional residential letting. Key Features: Independent units, allowing for flexible management and diversified rental income; Private interior courtyard; Shared laundry facilities; Excellent potential for capital appreciation and income optimisation. Investment Potential The property currently offers an estimated 5% rental yield , with further potential to increase returns through rental optimisation and effective asset management. Strategic Location Within walking distance of the University of Évora and major educational institutions; Lisbon – approximately 130 km (around 1 hour and 30 minutes by car); Beja – approximately 80 km (around 1 hour by car); Badajoz, Spain – approximately 85 km (around 1 hour and 10 minutes by car). An Excellent Opportunity for Investors This property is particularly suited to investors seeking: Multiple independent income streams; Student accommodation; Long-term or medium-term residential rentals; Holiday accommodation, subject to applicable regulations; A well-located asset in one of Évora's most sought-after and historic areas. For further information or to arrange a viewing, please contact us. The information contained in this advertisement is provided for guidance only, is non-binding, and does not replace the consultation of all legally required documentation.