Alto Alentejo, Elvas, Portugal
- PROPERTY TYPE
Restaurant
- SIZE
7,212 sq ft
670 sq m
Description
Real estate asset prepared for restaurant and events operations, located in Elvas, just a few minutes from Badajoz, in a strategic position between Portugal and Spain.
With approximately 670 sqm of gross built area and capacity for up to 400 people, this space combines scale, functionality, and versatility, enabling multiple business models within a single asset.
KEY FEATURES
• Capacity for up to 400 people
• Building area: 670 sqm
• Plot size: 6,480 sqm
• Flexible rooms (interconnected or independent)
• Fully equipped industrial kitchen
• Large private parking area (including buses)
• Outdoor space and terrace with event potential
• Fully operational infrastructure
SETTING & LOCATION
Located on the Elvas–Badajoz axis, the asset benefits from direct access to two complementary markets.
Its proximity to Spain, combined with its connection to the Lisbon–Madrid corridor, enables it to capture diversified demand in:
• Food & beverage
• Social events
• Groups and regional tourism
Elvas, a UNESCO World Heritage city, further enhances the touristic and cultural appeal of the location.
ASSET WITH TRACK RECORD & POTENTIAL
In operation since 1998, the property has established a strong regional presence, with consistent demand over the years.
Currently in partial use, it presents a clear opportunity for:
• Operational reactivation
• Concept repositioning
• Business model optimization
Without the need for ground-up development.
INVESTMENT MODELS
The asset supports different approaches, tailored to the investor profile:
.Direct operation
Owner-operated or with a third-party operator
Potential for cash flow generation and value appreciation
.Lease to operator
Structured for stable income
.Repositioning
Concept transformation (events, restaurant, or hybrid model)
Asset value enhancement potential
PROPERTY CONDITION NOTE
The property is functional and ready for operation, with potential for updates or improvements according to the investor’s intended positioning.
A DISTINCTIVE OPPORTUNITY
Assets with this scale, capacity, and configuration are rare in the region, particularly with:
• Existing infrastructure
• Large-scale parking
• Event capacity
MARKETING MATERIALS
The listing includes an aerial video and a full walkthrough, providing a clear and transparent understanding of the asset.
Some images include digitally generated suggestions to illustrate the potential for different layouts and experiences.
ADDITIONAL INFORMATION
Further details and viewing appointments available upon direct contact.
#ref: 160130
Alto Alentejo, Elvas, Portugal
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Notes
This is a property advertisement provided and maintained by IAD, Porto (reference 160130) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.