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How much does a renovation project in the Alentejo with 20 rooms cost?

Guesthouse in Cano

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

The renovation project for this charming guesthouse located in the northern part of Alentejo is currently priced at €650,000. This spacious property boasts 20 rooms and has a total living area of 1,800 m², making it an excellent investment opportunity. Although it requires substantial renovation, its size and beautiful 1920s architecture provides limitless potential for transformation into a stunning guesthouse or family retreat.

Set within a serene countryside setting near Sousel, this sizeable property is surrounded by beautiful views and tranquillity, just 20 km from Estremoz and 45 minutes from Evora. With a construction area of 1,963 m², including outbuildings and ample picturesque grounds covering 24,500 m², it offers limitless possibilities for expansion or creating outdoor amenities. The property also includes practical features such as a log burner for cosy interiors and a well that provides a generous water supply.

Perfect for buyers looking to invest in a renovation project with high rental potential or the possibility of creating a personalised family home, this property could yield strong returns in a desirable location. The surrounding region is rich in culture, offering stunning landscapes and a peaceful lifestyle for those seeking a retreat away from urban living. Don't miss out on this unique opportunity; contact us to learn more about the renovation potential and schedule a viewing today!

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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