Investing in this expansive 1920s property in Alentejo opens numerous opportunities for serious buyers. Priced at €650,000, this property includes 20 rooms across a significant living area of 1,800 m2, perfect for converting into a guesthouse or large family residence. Located near Sousel, it sits on a sprawling plot of 24,500 m2, providing ample space for development and landscaping. While extensive renovations are required, the timeless charm and character of the original architecture can enhance its appeal for future guests or tenants. The proximity to Estremoz and Évora ensures accessibility to cultural attractions, making it an attractive spot for tourists looking to explore Portuguese heritage. The increasing interest in the Alentejo region makes this an ideal moment for investment, offering a pathway to significant rental potential. With various outbuildings available, there are opportunities for additional accommodations or storage, increasing revenue streams. Whether you're looking for family estate prospects or a lucrative investment venture, this property has much to offer. Now is the time to seize this unique opportunity. Contact us to discuss the potential and arrange a viewing today!
. 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
