Investing in this historic property with 20 rooms in Portugal presents numerous benefits, particularly for buyers interested in the Alentejo region. For €650,000, this renovation project could be transformed into a guesthouse, capitalising on its rich history and expansive potential. Built in the 1920s, the property covers a substantial area with 1,963 m² of construction and 1,800 m² of living space, offering an exceptional investment opportunity.
The allure of restoring a property deeply rooted in history attracts both tourists and this unique investment sector. Located near Sousel, it is a strategic position for capturing tourism, being just 45 minutes from Evora. The property's large dimension allows for varied uses, be it for family living or commercial purposes.
Potential financial returns are also high as renovated guesthouses in attractive locations can command premium rates. Additionally, with numerous outbuildings available, this property allows for diversification of income streams. Whether it’s creating additional guest accommodation or developing activities within the large garden, the possibilities are endless.
Owning a piece of history in beautiful Portugal not only fulfills a personal dream—it can also yield significant earnings. Engage with us today for more information on how you can invest in this one-of-a-kind property!
. 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
