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How much investment is needed for a charming Portuguese mansion?

House in Cano

ref. PDBED003A
730.000€ 595.000€
  • E
  • 10
  • 2
  • 1.800m2
  • 24.500m2

Investing in this charming Portuguese mansion requires acquiring the property for €595,000, with additional renovation costs anticipated based on your vision and plans. This spacious estate, featuring 20 rooms over two floors, allows substantial personalisation, catering to families or hospitality ventures. Built in the 1920s, the mansion's unique character and traditional elements can be restored, representing a lucrative opportunity for buyers with a creative touch. Set on a generous 2.4 hectare plot, the property also boasts outbuildings that could further enhance its potential, whether for guest accommodations or additional living spaces. The nearby village of Sousel offers a welcoming community vibe, and significant amenities are just a short distance away. With the property's location being 20 km from Estremoz and about 45 minutes from Évora, convenience comes standard, allowing easy access to the rich history and culture of the region. Investors may also find an excellent rental potential given the appeal of a guest house in this tranquil Alentejo setting. This property is ideal for those seeking a blend of personal and investment opportunity in one of Portugal’s charming regions. Explore this unique option today and start envisioning your dream project!

Usage
Residential
Type
House
Town
Cano
Parish
Sousel
Municipality
Sousel, Portalegre
Region
Alentejo (North)
Construction Year
1920
Rooms
20
Bedrooms
10
Bathrooms
2
Floors
2
Furnished
Fully
Living Area
1.800 m²
Usable area
1.963 m²
Plot Area
24.500 m²
Parking Places, Garage
Fully Furnished, Fireplace
Rustic
Fully Furnished
1 En-Suite, 1 Family Bathroom
Private, Fenced, Walled
Outbuilding
Countryside View
. 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
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