The potential ROI for a guesthouse project in Alentejo is substantial, especially with this magnificent 20-room mansion available for €650,000. Situated on a 2.4-hectare plot near Sousel, this property provides an expansive living space of 1,800 m2 that can be transformed into an appealing guesthouse, catering to visitors exploring the beautiful Alentejo region. With tourism on the rise in Portugal, locations close to Estremoz and Evora are especially attractive to both holidaymakers and business travellers. The historical significance of this 1920s mansion enhances its appeal, allowing you to offer guests a unique experience while capitalising on the current trend for authentic stays. Additionally, the nearby countryside and outbuildings provide further opportunities for development, enhancing the attractiveness and diversification of your investment. Engaging in this project could lead to lucrative returns as the demand for quality accommodations continues to grow. Ready to find out more? Contact us today for detailed insights into this investment opportunity!
. 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
