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What is the investment potential of a guesthouse with 20 rooms in northern Portugal?

Guesthouse in Cano

ref. PDBED003A
730.000€ 650.000€
  • E
  • 10
  • 2
  • 1.800m2
  • 24.500m2
  • Alojamento Local

This 20-room guesthouse in northern Portugal presents exceptional investment potential for savvy buyers seeking to enter the hospitality market. Located near Sousel in the picturesque Alentejo region, the property offers a blend of historical charm and modern opportunity, making it a prime candidate for refurbishment into a lucrative guesthouse. With a sizable footprint of over 1,800 m2 and a large 2.4 hectare plot, the property provides ample space to develop guest accommodation that could attract tourists year-round. The nearby towns, including Estremoz and Évora, are well-known for their cultural heritage and draw visitors interested in exploring the scenic countryside. Investors can leverage the remarkable features of the mansion, initially constructed in the 1920s, by capitalising on its potential to be transformed into a stylish retreat. Additionally, nearby amenities and accessibility to major roads enhance the property’s attractiveness for tourists. With ongoing developments in the region promoting tourism, now is the time to consider this investment opportunity and envision your role in Portugal’s thriving market. Whether you’re an experienced investor or a first-time buyer, this property could be the key to success. Don't miss the chance to explore this unique investment prospect today.

Usage
Residential
Type
Guesthouse
Town
Cano
Parish
Sousel
Municipality
Sousel, Portalegre
Region
Alentejo (North)
Construction Year
1920
Rooms
20
Bedrooms
10
Bathrooms
2
Floors
2
Furnished
Fully
Living Area
1.800 m²
Usable area
1.963 m²
Plot Area
24.500 m²
Parking Places, Garage
Fully Furnished, Fireplace
Rustic
Fully Furnished
1 En-Suite, 1 Family Bathroom
Private, Fenced, Walled
Outbuilding
Countryside View
. 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
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