For buyers looking for an investment property for sale in northern Alentejo that could become a guest house, this 20-room mansion near Sousel is a compelling renovation project. It is offered at €595,000 and provides around 1,800 m² of living area on a 2.45-hectare plot. The property’s size and room count create scope for a substantial hospitality concept, subject to planning, licensing and renovation approvals. Built in the 1920s, the Portuguese country mansion retains traditional style and period charm. There are 10 bedrooms and two bathrooms across two floors. The main building covers more than 1,000 m² at footprint level, giving an investor considerable internal space to reconfigure. A guest-house conversion could potentially include bedrooms, communal lounges, dining areas and service facilities, subject to a suitable design. The existing layout should be assessed by an architect before any business plan is finalised. An adjacent 63.8 m² outbuilding contains a kitchen and two rooms. A further shed of 85 m² and barn of 113.8 m² add flexibility for storage, workshops or ancillary uses. The property sits near a village, offering a quieter setting for visitors seeking an authentic Alentejo experience. Its private walled and fenced grounds provide a defined outdoor environment. Countryside views, a well and a log burner contribute to the rural character. Estremoz is only about 20 kilometres away and offers historic appeal, services and dining options. Évora is approximately 45 minutes by car and Lisbon is around two hours away. The Spanish border is also within roughly 45 minutes, widening the potential visitor catchment. Investors may explore seasonal accommodation, retreats or a multi-generational residential model, depending on feasibility studies. Revenue, ROI and operating potential will depend on the final scheme, renovation budget, approvals and management plan. Contact us to review the opportunity and arrange a viewing of this northern Alentejo investment property.
. 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
