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What investment potential does a large property with 20 rooms in Sousel offer?

Guesthouse in Cano

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

Investing in this large property with 20 rooms in Sousel offers remarkable potential, particularly for those interested in the hospitality sector. Priced at €650,000, this guesthouse is situated in northern Alentejo and possesses a substantial living area of 1,800 m². With significant renovation required, the potential for transformation is immense, allowing for a modern guest experience while preserving the property's historical elegance.

This property is ideally located just 20 km from Estremoz, 45 minutes from Evora, and two hours from Lisbon, making it attractive for tourist accommodation. Its expansive grounds of 24,500 m² mean plenty of space can be utilized for gardens, outdoor dining, or recreational areas that enhance the appeal for guests. With the right renovations, this property could attract a steady flow of tourists, providing high ROI.

Additionally, with fewer properties on offer in this sought-after region, your investment stands to gain significant value as the area becomes increasingly popular. Whether for a family retreat or a dynamic guesthouse, the possibilities are endless. Explore the investment possibilities today and contact us for further details!

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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