This Portuguese renovation property near Estremoz and Évora offers investment potential through its €595,000 asking price, 20 rooms and approximately 2.45 hectares of land. It is a substantial 1920s mansion in Cano, close to Sousel, that could suit an investor planning a major residential or tourism refurbishment. The property is not turnkey and requires extensive renovation, so professional surveys and financial modelling are essential. Approximately 1,800 m² of living area is arranged across two floors. The recorded construction area is about 1,963 m², while the main building footprint exceeds 1,000 m². There are currently 10 bedrooms and two bathrooms. The generous internal volume may allow a redesigned family residence, multi-unit concept or guest accommodation scheme, subject to approvals. Traditional details and period character could help create a memorable finished product. A 63.80 m² connected outbuilding includes a kitchen and two rooms. The site also has an 85 m² shed and a 113.80 m² barn, increasing its functional and development versatility. Private, fenced and walled outdoor areas provide useful separation and security. Countryside views support a lifestyle proposition based on space, privacy and rural tourism. A well and cistern are present and should be checked for condition, capacity and legal compliance. The log burner contributes to the property’s historic atmosphere. Estremoz is only about 20 kilometres away, placing the project within reach of local heritage, gastronomy and services. Évora is approximately 45 minutes by road and attracts visitors to its historic centre and cultural landmarks. Lisbon is around two hours away, while the Spanish border is roughly 45 minutes by car. These connections may support future rental demand, although no rental income or return on investment is guaranteed. Investors should confirm planning, licensing, construction costs and operating assumptions before committing capital. Contact us to request further information and arrange a viewing of this Alentejo investment opportunity.
. 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
