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How can I invest in a charming renovation project in the Alentejo?

Guesthouse in Cano

ref. PDBED003A
625.820£ 557.237£
  • E
  • 10
  • 2
  • 1.800m2
  • 24.500m2
  • Alojamento Local

If you're looking to invest in a charming renovation project in the Alentejo, this 1920s mansion with 20 rooms presents a fantastic opportunity. Located near Sousel, this property sits on a 2.4-hectare plot and offers substantial renovation potential while retaining its traditional style and historical features. Priced at €650,000, it’s an appealing option for buyers eager to invest in a unique piece of Portuguese heritage.

The mansion boasts a generous living area of 1,800 m² and additional outbuildings that could serve multiple purposes, enhancing the investment potential significantly. One outbuilding features a kitchen and two rooms, ideal for guest accommodation, while a large barn and shed provide further utility options. With a well and log burner already in place, this property is a promising canvas ready for transformation.

Nestled in the serene countryside, the property offers breathtaking views and a peaceful lifestyle, perfect for those looking to escape the hustle and bustle. You'll find local amenities just a short drive away, with the picturesque village nearby. For those looking to generate income, transforming this mansion into a guesthouse could attract tourists exploring the Alentejo region.

Access to Lisbon is easy with just a two-hour drive, and the Spanish border is a mere 45 minutes away, making it a convenient spot for seasonal rentals. Attractive ROI prospects and robust local interest in tourism make this mansion an excellent addition to any property portfolio.

Contact us to schedule a viewing today and take the first step towards making this renovation project your own!

Usage
Residential
Type
Guesthouse
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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