Investing in a charming mansion renovation project in Alentejo is a fantastic opportunity. This picturesque property, built in the 1920s, boasts 20 rooms and requires substantial renovation, providing a perfect canvas for creativity. Located in Northern Alentejo, near Sousel, this 2.4-hectare estate is ideal for buyers looking to develop a unique guesthouse or family home. The existing structure has ample space, with over 1,800 m2 of living area, which could be transformed into a stunning accommodation venue. Nearby amenities include local villages and picturesque countryside, enriching the lifestyle potential for future guests or family residents. The area is well-connected, just 20 km from Estremoz, 45 minutes from Évora, and two hours from Lisbon, making it attractive for tourism and investment. With the building's traditional features in place, investors can merge historical charm with modern amenities. There is great investment potential here, particularly for hospitality-focused buyers looking for properties with character. The additional outbuildings and extensive grounds add versatility to the investment. The charm of old Portugal combined with the chance to create something extraordinary sets this property apart. The price is marked at €650,000, a significant reduction from its original pricing of €730,000, highlighting its potential value appreciation after renovation. Don’t miss out on this rare opportunity—contact us to explore this property today!
. Living area: 1.800 m2
. Construction Area: 1.963 m2
. 20 rooms on two floors
. 2 bathrooms
. Near village
This property was built in the 1920s and has been occupied by the same family until 2018. The main building has a footprint of more than 1000m2 but it is in need of a lot of renovation. It is ideal for a big generation family or an investor to convert it into a beautiful running guest house.
The property also has outbuildings:
Connected to an outbuilding of 63,80 m2 adjacent to the house, also with one floor, with a kitchen and two rooms. There is also a service corridor that leads to a small terrace on the first floor and to another outbuilding.
There is also a shed of 85 m2 and a barn of 113,80 m2.
Amenities
Log burner
Well
Location
20 km to Estremoz
45 minutes drive to Evora
2 hours drive to Lisbon
45 minutes to the Spanish border
Other Info
Charming old property in need of a lot of renovation
