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How much investment is needed for a charming property in Sousel?

Guesthouse in Cano

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

Investing in this charming property located in Sousel will require a budget of €650,000. This guesthouse renovation project is a remarkable opportunity for buyers interested in restoring a large historical property. With a total area of 1,800 m² and 20 rooms, the potential is significant for creating a beautiful and profitable accommodation venue.
The property requires a considerable renovation, yet its 1920 design and old charm remain intact, appealing to those who appreciate unique architectural features. Its spacious living areas and large surrounding plot of 24,500 m² create possibilities for transforming spaces into inviting guest areas or additional rooms.
Situated in northern Alentejo, this property is conveniently located just 20 km from Estremoz and 45 minutes from Évora, offering accessibility to regional attractions and local amenities. Such a prime location makes it a viable investment to attract numerous tourists seeking authentic regional experiences.
Furthermore, renovating this guesthouse can significantly increase its value, providing a good return on investment for buyers willing to put in the work. This property also connects to local history and culture, potentially attracting those interested in a lifestyle investment with rich surroundings. Interested buyers are encouraged to act swiftly as opportunities like this are rare. Contact us today to learn more!

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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