Mansion for sale in Cabeço de Vide, Fronteira, Portalegre • ARE40111

The 12,000 m² property includes around 7,000 m² of built-up area, extensive gardens and a swimming pool, with potential for expansion. Currently operating as a residential property, restaurant, bar and events venue, it also features a separate bar on the premises. The property is situated just a few minutes’ drive from the Termas da Sulfúrea, whose sulphurous waters have been used since Roman times for their therapeutic properties in the treatment of respiratory, musculoskeletal and dermatological conditions. This ensures steady demand and extended stays throughout the year. 

The property's size, location and historic setting make it suitable to be converted into a 4-star hotel or spa resort. A financial study shows it could be profitable: an estimated return of over 17% per year, €2.3-2.6m EBITDA and between 6.5-8.5 years' payback. An exclusive concession to operate the thermal baths would help. 

This is a rare opportunity for hotel groups seeking a unique asset with a strong heritage identity, exclusive thermal facilities, and significant appreciation potential. This property combines the comfort of a private residence with the services of a four-star hotel.