OFF-MARKET OPPORTUNITY Price: €3,000,000 Location: Alentejo, Portugal Located in one of Alentejo's principal historic towns, approximately 2 hours from Lisbon and 40 minutes from Évora Asset Class: Residential / Hospitality Real Estate Readiness to sell: Immediately TEASER DESCRIPTION Rare opportunity to acquire a 17th-century former convent and heritage estate in Alentejo, set within approximately 2.4 ha of private conventual grounds, with an approved pathway for the development of a 59-key luxury boutique hotel, while retaining the potential to use the estate as an exceptional private residence or second home. The property is classified as a Monument of Public Interest (MIP) and comprises the historic convent, cloister, farmhouse and enclosed grounds with mature orange and olive trees. The existing property currently comprises approximately 10 accommodation units. A PIP was approved in December 2025 for the development of a 59-key boutique hotel, including the rehabilitation of the historic buildings, two new-build accommodation wings, a SPA, indoor pool and leisure facilities. The approved concept provides a clear framework for the transformation of the estate into a high-end heritage hospitality destination. IDEAL BUYER Particularly suited to a HNWI / private investor seeking an exceptional European heritage estate, as well as a family office, hospitality investor, developer or operator looking for a distinctive luxury project in Portugal. The property therefore offers a compelling combination of heritage, land, privacy and development potential, with two distinct acquisition strategies: a luxury hospitality development with planning work already significantly advanced, or a highly private heritage estate for personal use. Further information, PIP documentation, plans and financial analysis available following NDA.