If you are an investor looking for properties in Alentejo that need renovation, this 20-room guesthouse in northern Alentejo might be your perfect match. Priced at €650,000, this early 1920s property offers a living area of 1,800 m² and is situated just 20 km from Estremoz. Ideal for those looking to dive into a renovation project, the property's historical charm and generous size promise great potential for development.
With a footprint of over 1,000 m² and plenty of room for landscaping, the property provides an attractive canvas for imaginative restoration. The expansive space can be transformed into a beautiful guesthouse, leveraging its location's tourist appeal and natural beauty. The surrounding area has a lot to offer, including access to various amenities and picturesque views, enhancing the property's allure.
Investors can capitalise on the growing popularity of rural accommodations as more travellers seek authentic experiences away from the bustle of cities. This property’s unique character combined with its spacious layout positions it well in the competitive rental market. Don’t pass up this golden opportunity; contact us soon for more insights and to schedule a visit!
. 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
