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Why should I invest in a traditional Portuguese mansion with great potential?

House in Cano

ref. PDBED003A
730.000€ 595.000€
  • E
  • 10
  • 2
  • 1.800m2
  • 24.500m2

Investing in a traditional Portuguese mansion like this one comes with numerous benefits, especially given its considerable renovation potential. Priced at €595,000, this authentic 1920s mansion in northern Alentejo boasts 20 spacious rooms across 1,800 m2 of living area, making it a perfect canvas for your investment vision. The property is set on a vast 2.4-hectare plot, offering both privacy and room for creative development, such as turning it into a luxurious guest house or a unique family residence. With proximity to Sousel, you’re ideally situated near essential amenities while being enveloped in serene countryside. This mansion allows you to retain and celebrate its historical elegance while implementing modern comforts, a unique selling point for potential future guests or residents. In addition, the sizable outbuildings enhance its utility and provide extra options for transformation. Located just a short drive from Estremoz and the picturesque cities of Evora and Lisbon, investment opportunities are plentiful in this area, with lucrative rental prospects to consider. This estate represents not only a chance to own a piece of Portuguese heritage but also an opportunity for substantial returns on investment. Discover this property for yourself – reach out to us for more details and schedule a viewing today!

Usage
Residential
Type
House
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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