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  • Writer's picturePaul Rees

Country dreams with a tourist income

Testing a different business model to Rural Properties’ standard ‘buy, renovate and sell’, a derelict cottage was selected for development as a short-term rental property due to its location near Portugal’s famous ‘Route 66’.

When a call came through about a tumble-down cottage at the head of the stunning Mega valley, to the south of Castanheira de Pera, the price was attractive, but the paperwork was certainly a challenge. However, the old mantra of ‘location, location, location’ held true as the tiny cluster of houses that make up the hamlet of Horta Cimeira are an easy detour from perhaps the country’s best-known road trip route.

Step one - remove the interior

Descendants of the cottage’s original owner lived in nearby villages and an elder was designated as chief spokesman and signatory for a group of five. A long-retired Sr Manuel had been raised in the cottage and could attest to the fact that it was a family property which nobody had formally registered.

The wooden interior of the building was close to collapse, eaten away by damp, bugs and time, but the thick, stone walls were in good shape. Clearly the acquisition price would have to reflect the need for a complete internal rebuild and new, insulated roof.

Riverbeach Cottage, before

As a rental proposition, the house lies only 150 metres to a beautiful and underused river-beach and not far to the N2, or ‘Route 66’, that stretches 739 kilometres from Chaves in the north of the country to Faro in the south.

For drivers or motorcyclists seeking a couple of days’ respite midway through their N2 marathon, or for holidaymakers looking for the calm of the countryside only 15 minutes to a town, this is an ideal haven.

Read the full article HERE.

Published in the Portugal Resident


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