7350 ELVAS, PORTUGAL

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

Soverom9
Toaletter9
Area, m²86000
Agency id4332
Local Price8.500.000 €
TilgjengelighetUmiddelbart

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. Nearby: Fonte de São José 843 m · 11 min walk; public transport 56 m · 1 min walk; Ponto de encontro 115 m · 1 min walk.

  • Transport: Bus Stop (56 m · 1 min walk), Bus Stop (248 m · 3 min walk), Bus Stop (357 m · 4 min walk), +13 more nearby
  • Water: Fonte de São José (843 m · 11 min walk)
  • Health: Lux (226 m · 3 min walk), Farmácia Moutta (345 m · 4 min walk), Farmácia Europa (1.2 km · 15 min walk), +2 more nearby
  • Leisure: Go Fitness healthclub (381 m · 5 min walk), Jardim Municipal (523 m · 7 min walk), Parque Recreativo (728 m · 9 min walk), +5 more nearby
  • Dining: Ponto de encontro (115 m · 1 min walk), Tasquinha Alentejana (144 m · 2 min walk), Massa Fina Elvas (166 m · 2 min walk), +28 more nearby

Distances are straight-line, based on OpenStreetMap data.

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 1,327,200 / month (about USD 15.4 / 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 — 98% below the median of $5,665/m² across our 5 listings in this area.

$370$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. Points in its favour here: public transport (public transport — 56 m · 1 min walk), parks & recreation (Go Fitness healthclub — 381 m · 5 min walk).

No map data found nearby for: schools, daily amenities — 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
  • ✓Public transport public transport — 56 m · 1 min walk
    Walkable rail or bus access consistently supports resale value and rentability.
  • •Water proximity Fonte de São José — 843 m · 11 min walk
    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 Go Fitness healthclub — 381 m · 5 min walk
    Green space nearby improves quality of life and supports value in dense areas.

Based on OpenStreetMap data. ✓ strong   • present   ◦ no data.

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