7350 ELVAS, PORTUGAL

Palace for Sale in 7350 Elvas, Portugal USD 9,884,870

Bedrooms9
Bathrooms9
Area, m²86000
Agency id4332
Local Price8.500.000 €
AvailabilityImmediate

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.

Centro Histórico de Elvas is a neighbourhood in Elvas.

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 1,535,330 / month (about USD 17.9 / m²; based on Portugal (country average — no local data for Elvas)) — enter your own expected rent to see the numbers.

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Estimates only — not financial advice. Prefilled with typical portugal financing profile figures — adjust to your own scenario.

Price context

This listing: $115/m² — 96% below the median of $2,960/m² across our 12 listings in this area.

$42$9,889

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums.

No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

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.
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