The 1920s mansion in northern Alentejo offers exceptional investment potential for savvy buyers. Priced at €595,000, this property consists of 20 rooms over two spacious floors and sits on a generous 2.4-hectare plot, making it an ideal candidate for a luxurious renovation project or a boutique guest house. With a living area of 1,800 m2 and proximity to local amenities, it's positioned perfectly for attracting tourists and locals alike. The unique architecture and traditional features provide a canvas for modernization while retaining historical charm. Investors can maximise their return by capitalising on the booming rental market in this picturesque region; the town of Sousel is rapidly gaining popularity among visitors. With nearby attractions such as Estremoz and Evora just a stone's throw away, this mansion not only promises residential comfort but also excellent rental income potential. The need for extensive renovation allows for complete design freedom, ensuring buyers can create their dream property. Don’t miss this chance to invest in a property of significant value! Contact us to discuss further!
. 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