The renovation project of a 20-room mansion in Alentejo presents a unique investment opportunity for buyers interested in properties needing restoration. Priced at €595,000, this charming 1920s mansion requires substantial renovations but retains its traditional style and features. Spanning over 1,800 m2 of living space on a 2.4-hectare plot, the potential to transform this property into a beautiful home or a profitable guest house is significant. Located near Sousel, the mansion is set in picturesque surroundings, only 20 km from Estremoz and a 45-minute drive to Evora. With a footprint of more than 1,000 m2, the settings are perfect for both big families and investors looking for high rental potential. The property also comes with additional outbuildings, including a 64 m2 kitchen, perfect for creating a rustic charm or a space for hosting guests. While the renovation costs can vary significantly, potential buyers can expect a rewarding return on investment in the long term. This unique opportunity is ideal for those seeking an expansive property with abundant charm and investment potential. Don't miss out on the potential to revive this historic mansion! Contact us now to learn more about the renovation possibilities and schedule a viewing.
. 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
