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Portugal: 2 Houses + Land – Renovation & Rental Potential

  
  
  
  
  
  
  
  

€ 275,000

£233,887.50
$316,580.00

Portugal: 2 Houses + Land – Renovation & Rental Potential

Charming Property in Central Portugal – Two Houses, Annexes, and Approved Projects on a Walled Plot

Located in the peaceful village of Pego, just outside the historic town of Abrantes, this unique property offers a rare opportunity to own a spacious, fully walled 1,900 m² urban plot with two houses, annexes, and approved renovation and leisure projects. A perfect setting for a permanent home, holiday getaway, or sustainable rural tourism project.

Main Features:

Main House (project approved):
Currently habitable, with 3 bedrooms, a kitchen, living room, and 1 bathroom.
The approved renovation plan includes:
– Ground floor: 2 bedrooms, living room, and 1 bathroom
– First floor: 2 additional bedrooms and a home office
– Attached to the house is a 30 m² covered terrace (telheiro) facing the garden — ideal for outdoor dining and relaxing
– Built-in barbecue area for year-round outdoor cooking and entertaining

Second House (project approved):
A charming old structure to be restored into a 1-bedroom house with an open-plan kitchen/living area and 1 bathroom.
Ideal for guests, rental income, or a private studio.

Annexes:
– A garage with a reinforced roof suitable for storage or further use
– Additional 60 m² of space for work, storage, or workshop use

Outdoor Area:
The land is flat, easy to maintain, and fully fenced, ensuring privacy and security.
At the rear of the property, a leisure area project is approved, including:
– Covered outdoor dining space
– Exterior bathroom
– Firewood storage

Location & Lifestyle:
Pego is known as the “village of low houses” — a peaceful community where construction is limited to a maximum of two stories, preserving the landscape and rural charm. Most homes are detached, contributing to a quiet and relaxed environment.

The area is surrounded by beautiful river beaches (praias fluviais), ideal for swimming, kayaking, and picnics during the warm months. Local services and the city of Abrantes are just minutes away, and the A23 motorway provides easy access to Lisbon, Coimbra, or Spain.

Why choose this property?

Authentic village atmosphere and respectful development guidelines

Versatile property with renovation potential and approved projects

Excellent opportunity for a multi-family home, guesthouse, or remote working retreat

Beautiful natural surroundings and outdoor lifestyle

Remote viewings available via video call.
We’re happy to schedule a live video tour to show you the full property and answer any questions in real time.

House

Property ID: 69311

For:
Sale
Habitable:
Yes
Condition:
2nd hand

Floor area:
150 m²
Size of land:
1910 m²
Presently:
Empty
Structure:
Concrete.
No. of bathrooms:
2
No. of bedrooms:
5+ Bedrooms
No. of floors:
2 floors
Extras:
Garage, Garden.

Portugal

Santarem

Address:
Pego, Abrantes, Santarem, Portugal
Pego
Close to:
Historic centre, School, Kindergarten, Hospital, Train station, Bus stop, Shopping area, Touristic area, Natural park, River.
Setting:
Countryside, Village.

Contact me about this property for sale

Private Seller
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