✨ Highlights

• Located in a renowned thermal spa resort
• Historic building from the late 19th century
• Features a swimming pool and tennis court

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📊 Performance

‍The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

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✍️ Description from the real estate agent

Historic spa hotel featuring 63 rooms, situated in a prestigious thermal resort near Gerês, Braga, and Guimarães, and only an hour from Porto. Built in the late 19th century, this period property has been updated over the years, but now requires modernization to reach its full potential.

The hotel spans four floors, offering a range of facilities including a health club, reception area, kitchen, dining room, meeting room, game room, and 63 guest rooms. Surrounded by approximately 38,000m² of lush gardens and green spaces, the property also features a swimming pool, tennis court, mini-golf, a fitness trail, and a chapel. Additional amenities include a garage, laundry, and storage facilities. An external elevator provides direct access to the thermal spa resort. The total gross construction area is 4,788m².

Located in the heart of Minho, just 20 km from both Peneda-Gerês National Park and Braga, and 70 km from Porto airport, the hotel enjoys a prime location within Portugal’s burgeoning wellness sector. According to the 2023 Global Wellness Economy Monitor, the global wellness industry spans 11 sectors, with a value of USD 5.6 trillion, of which USD 105 billion is in Europe. This sector is expanding at an impressive rate, with Europe’s wellness real estate market experiencing 22% growth annually. The spa industry alone is projected to grow by 8.3% per year from 2022 to 2027.

Portugal ranks among the top 20 wellness tourism destinations, with a remarkable 34% growth, accounting for 5.8 million trips. These figures highlight the promising opportunities for real estate investments in this sector, making this hotel an appealing prospect for investors seeking to enter the wellness market.

Operating since 1983, Garvetur S.A. is the flagship company of the Enolagest group, providing a full range of real estate services. We specialize in residential developments, tourist resorts, land plots, and commercial properties, working closely with both national and international operators and agents in the residential and tourism sectors.

Our client portfolio includes some of the most prestigious groups with real estate operations across the Algarve, Lisbon, and Porto, as well as an extensive network of developers, hotel chains, public institutions, financial entities, and both private and institutional investors.