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Mercan Properties invests 37.8 million euros in Évora and confirms next opening

29 March, 2023
Mercan Properties invests 37.8 million euros in Évora and confirms next opening

Mercan Properties confirms the opening of a new upcoming project in Évora: the Hilton Garden Inn Évora, in the historical center of the city. The Canadian investment Group also confirms another premier in Évora planned for next year - a Holiday Inn hotel, summing a total of 27 projects by Mercan Group in Portugal. 

The Mercan Group plans to open a four-star hotel in Évora in May of this year and is currently building another three-star hotel, also in the Alentejo region, which it intends to open in the year 2024. The projects for future hotel units involve a global investment of around 37.8 million euros, as indicated by a source from the Canadian group, in a response to the Lusa agency via email.

Located next to Rossio de São Brás, at the entrance of the historical city center of Évora, the new Hilton Garden Inn Évora is in the "final phase of construction", the new project is expected to open its doors in May of this year, according to Mercan Properties. 

With an investment of 21 million euros, this four-star hotel will create 62 direct jobs in the operational phase, while the construction phase involved 80 jobs. According to Mercan Group, the Hilton Garden Inn Évora will have 130 rooms, a rooftop with an outdoor swimming pool, a bar, a terrace, a restaurant, a gym, and a meeting room with a capacity for 30 people. The architectural project is signed by Rui Silva Russo - Atelier de Arquitectura and the interiors were developed by the Nano Design Studio.

Holiday Inn Express Évora - the new project by Mercan Properties

The other hotel that the Canadian group is building in Évora results from the rehabilitation and adaptation of a building that was vacant, located in Portas de Avis, close to the city wall and the Roman Temple. The so-called three-star Holiday Inn Express Évora, which results from an investment of 16.8 million euros, is in an "advanced construction phase" and its opening is scheduled for the "second quarter of 2024". "Around 50 jobs were created during the construction phase, and it will create more 36 permanent jobs during its operation", highlighted Mercan Properties.

The unit will have 76 rooms, an outdoor pool, a restaurant, a bar, and a meeting room. The development was ideally designed "for leisure and business travelers who want to enjoy the history and culture of Évora". Like the architectural project for the Hilton Garden Inn Évora, this one also features the signature of Rui Silva Russo  -Atelier de Arquitetura, while the interiors will be developed by the Lemon Variance Studio.

The Mercan Properties Group develops real estate projects in the field of tourism in Portugal and has, currently, with 27 projects in the country, located in Porto, Vila Nova de Gaia, Matosinhos, Lisbon, Amarante, Évora, Beja, Vila Nova de Santo André, and Algarve.