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How much does a renovation project for a 20-room mansion in Alentejo cost?

Guesthouse in Cano

ref. PDBED003A
730.000€ 650.000€
  • E
  • 10
  • 2
  • 1.800m2
  • 24.500m2
  • Alojamento Local

The renovation of this charming 20-room mansion in northern Alentejo represents a unique opportunity for savvy investors. Priced at €650,000, this property offers a substantial living space of 1,800 m² and a construction area covering 1,963 m², all set on a generous 2.4-hectare plot. Built in the 1920s, this mansion retains its traditional architectural style, making it a beautiful canvas for restoration. With 10 bedrooms and 2 bathrooms across two floors, this structure can be transformed into a luxurious guesthouse or a large family home. The property also includes several outbuildings, adding to the potential for diverse uses, such as additional accommodations or leisure facilities. Located just 20 km from Estremoz, you’ll enjoy a tranquil rural setting while remaining close to local amenities. The picturesque surroundings of Alentejo enhance the allure of this investment, inviting both refurbishment and innovative design ideas. Properties like this mansion not only promise significant rental potential but are also poised for value appreciation in a sought-after region. Explore the possibilities of revitalising this historic estate into a thriving business venture or a delightful private residence. Contact us for detailed renovation estimates and to schedule a site visit.

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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