A 2.4 hectare Alentejo property represents an outstanding investment opportunity for buyers considering a renovation project. This spacious estate includes a charming 1920s mansion with 20 rooms, offering a vast living area of 1,800 m2 that provides ample space for creative renovations. The potential to convert this property into a lucrative guest house, given its picturesque location near Sousel, makes it a prime candidate for real estate investors. With its traditional style preserved, future renovations can enhance its appeal without sacrificing historical integrity, which is crucial in attracting discerning visitors. Moreover, the Alentejo region is becoming increasingly popular among tourists, meaning rental prospects are strong, especially during peak seasons. By investing in this large estate, you can unlock significant value as the area develops further. The property’s proximity to vital amenities, alongside its tranquil surroundings, adds to its attractiveness. With current pricing at €595,000, the financial potential paired with lifestyle benefits makes this property exceptionally appealing. Don’t miss the chance to own a piece of Alentejo’s charm. Contact us today to explore this investment!
. 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