The price for a renovation project of this size in Alentejo is set at €650,000, down from an original price of €730,000. This charming property, built in the 1920s, offers incredible potential with 20 spacious rooms across two floors and a total living area of 1,800 m2. Located near the village of Sousel, it’s an ideal investment opportunity for buyers looking to develop a family residence or establish a guesthouse in a tranquil setting. With significant renovations required, the property allows for customization, enabling buyers to restore it to its former glory while adding modern amenities. The local area boasts stunning countryside views and a peaceful atmosphere, perfect for a retreat. With additional structures such as an outbuilding, shed, and barn, there are plenty of options for functional expansion. Moreover, its strategic location—20 km from Estremoz and just 2 hours from Lisbon—adds to its appeal. For those interested in vibrant cultural experiences, the city of Évora is only a 45-minute drive away. This property also features a generous plot size of 24,500 m2, providing ample outdoor space for gardens or leisure activities. An investment here not only offers a unique lifestyle but also an attractive rental potential in Portugal's flourishing tourism sector. Explore the historical charm and limitless possibilities of this estate before it slips away. Contact us now to schedule a viewing and discover your dream renovation project!
. 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
