The investment potential of a 1920s mansion in northern Alentejo is significant, given its expansive 20-room layout and sprawling 2.4-hectare property. Initially priced at €730,000 and now available for €595,000, this property represents a promising investment opportunity for buyers looking to renovate and either reside or develop a business. This historical mansion retains its original charm and features, offering a unique opportunity to create something truly special after renovation. With 1,800 m² of living space, it is suitable for large families or as a guesthouse, catering to the growing tourism market in Portugal. The proximity of the property to local villages and major regional cities enhances its appeal, ensuring easy access to essential services and attractions. The potential for rental income is high, especially given the allure of the Alentejo region and its rich cultural backdrop. Buyers will find that properties with such character and space are increasingly rare, making this a valuable acquisition. Investors can enhance the property’s value through strategic renovations that modernise while preserving its historic essence. Don’t miss out on exploring this unique investment opportunity further; contact us today for more information!
. 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
