The investment opportunities for a 1920s mansion in Portugal, specifically this charming property in northern Alentejo, are remarkable. With 20 rooms spread across an expansive layout of 1,800 m², the potential for conversion into luxury guest accommodations is significant, given the nearby tourist attractions. Located in the peaceful town of Sousel, this property offers a unique chance to create a profitable business while enjoying the scenic countryside lifestyle. The mansion's traditional features add to its charm, making it a captivating residence or a boutique hotel. With a generous plot of 2.4 hectares, the land offers ample opportunities for development, from gardens to leisure facilities. Investors will appreciate the competitive price point at €595,000, especially with the potential for equity growth post-renovation. Don’t let this investment slip away—contact us today for more details and to arrange 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
