7350 ELVAS, PORTUGAL
Palace for Sale in 7350 Elvas, Portugal USD 9,884,870
PROPERTY DETAILS
DESCRIPTION
Magnificent palace located in the city of Elvas. Built in 1887, it was rehabilitated in 1916 and fully restored in 2010. With a gross private area of 1,375 m2 and a plot of 86,000 m2, this palace reflects a timeless style of French architecture dating back to the 19th century. This property has two floors above ground and a basement. There is also the possibility of using the attic. On the ground floor, through the main entrance, we come to a grand hall with an imposing wooden staircase leading to the upper floor. There are two adjoining living rooms, a third living room, two en suite bedrooms, a dining room, an office, a guest bathroom, a laundry room and a kitchen with access to the basement where there is storage and a wine cellar. On the second floor, there is a second hall, a living room with two living areas, the master suite with a walk-in wardrobe for men and women, and four more suites and a bedroom.
NEIGHBORHOOD · AJUDA · ELVAS · PORTALEGRE DISTRICT · PORTUGAL
Centro Histórico de Elvas is a neighbourhood in Elvas.
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$115
Verdict: partial
Test this investment Portugal financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 1,252,410 / month (about USD 14.6 / m²; based on Portugal (country average — no local data for Elvas)) — enter your own expected rent to see the numbers.
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Investment factors
What to look for when judging a property's investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.
