Investing in the renovation of a historic mansion in Portugal, such as this property in Northern Alentejo, promises significant returns. This charming 1920s mansion, with its 20 rooms and expansive living area of 1,800 m², caters perfectly to buyers looking to enter the lucrative hospitality or luxury living market. With a selling price of €595,000, you're not just purchasing a home; you're acquiring an asset with massive potential for appreciation. Set on a 2.4-hectare plot, the extensive grounds provide opportunities for landscape design or further construction. The proximity to Sousel, Estremoz, and Evora adds to the property's desirability, ensuring accessibility to charming local attractions and amenities. Renovated properties often attract buyers looking for unique, character-filled accommodations. The rising tourism trends in Alentejo can potentially enhance profitability for a converted guest house. With its rich history and traditional features, this mansion stands as a promising investment for those ready to embrace a renovation project. Don’t wait; discover the potential firsthand and contact us today!
. 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
