Renovating a charming Portuguese mansion with 20 rooms involves various cost considerations, but potential buyers can expect an impressive ROI due to the property's desirable location and size. Built in the 1920s, this mansion boasts a substantial footprint of over 1,000 m², providing ample space for restoration while retaining its traditional charm. Initial estimates for full renovations might range from €200,000 to €500,000, depending on the extent of the restoration desired. The property, sitting on a 2.4-hectare plot, allows for creative landscaping and construction of modern amenities alongside classic architecture. With significant investment opportunities in the nearby villages and a mere 45 minutes from Évora, the mansion could attract both individual buyers and investors aiming for a guest house conversion. Features such as a large garden and multiple outbuildings allow for creative renovation possibilities, whether for family use or rental. Engage with local contractors familiar with similar projects to obtain detailed quotes and explore financing options. This magnificent renovation project could become not only a beautiful home but a lucrative venture too. Reach out to us to learn more about renovation estimates and local support!
. 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
