The cost of a large renovation project in Alentejo, such as this 20-room property, is listed at €650,000. This charming property, built in the 1920s, is located in the northern part of Alentejo near Sousel, and offers ample space with a generous construction area of 1,963 m². While this property needs significant renovation, it retains its original style and character, making it a perfect investment opportunity for those looking to create a stunning guesthouse or family estate.
This property features two floors with a total of 20 rooms and is well designed for large families or as a potential business venture. The surrounding area provides a peaceful rural atmosphere, just 20 km from Estremoz and about 45 minutes from Evora and the Spanish border. With additional outbuildings, including a kitchen and multiple rooms in an adjacent structure, there's potential for additional income or space for guests.
Investors will appreciate the extensive renovation possibilities that can dramatically increase the property's value and utility. Furthermore, the generous plot area of 24,500 m² allows for outdoor enhancements or even additional constructions, all while enjoying picturesque countryside views. This historic property is an ideal choice for those looking to invest in a cash-generating property or create a tranquil retreat in a desirable location.
Contact us now for more details on renovation costs and possibilities to make this property yours! This is an opportunity you don't want to miss.
. 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
