Margarida Caldeira, who leads Broadway Malyan’s global hospitality team, said the project would provide a unique and inspiring destination in one of Portugal’s increasingly popular visitor destinations.

She said: “This wonderful project highlights the continued renaissance in Portugal’s hospitality sector and the growing demand for high quality hotels that meet the needs of an increasingly discerning leisure and business market.

“This is also a reflection of Portugal’s evergreen popularity and growing interest in exploring Portugal’s fascinating interior as an alternative to the traditional resort and city-break locations.

“At the heart of this project is a celebration of 500 years of history and so we have worked hard to sensitively retain as much of the original features as possible, respecting the place, its history and its architectural heritage.

“With its high vaulted ceilings, alcoves and stunning original azulejo tiles carefully integrated with a series of contemporary touches, we want to create an experience that is exciting, luxurious and incredibly authentic.”