Renovation projects in Portugal, particularly in the Alentejo region, present fantastic investment opportunities for savvy buyers. A prime example is a 1920s mansion near Sousel, now available for €595,000, which features 20 spacious rooms awaiting restoration. This historical property is set on a generous 2.4-hectare plot, providing an ideal foundation for innovative renovation. As the tourism market in Portugal continues to grow, properties like this offer potential for transformation into guest accommodations, benefiting from the region's natural beauty and cultural heritage. Its proximity to local towns and larger cities ensures accessibility for tourists and locals alike. With 1,800 m² of living space, this mansion is perfect for creating a striking home or a viable business. Investors might appreciate that properties of this nature are rare, making them a sound addition to any property portfolio. The existing outbuildings provide additional avenues for development, allowing for greater flexibility in how this property can be utilised. Don’t miss the chance to explore this unique investment opportunity further—connect with us today to learn more!
. 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
