£38,163

(€56/sq. ft)

€45,000

2 bed detached house for sale
Penacova, Penacova, Portugal

    • 2 beds

    • 1 bath

    • 799 sq. ft

Added on 27/08/2026

About this property

    Stone house with views over the Mondego River | Penacova, Central Portugal

    Situated in the village of Penacova, on a hillside overlooking the Mondego River, this stone house offers panoramic views across one of central Portugal's most scenic river valleys - and a genuine opportunity to create something distinctive through careful renovation.

    Location

    In the heart of Penacova village, 20 km from Coimbra (a unesco World Heritage city)
    2 minutes' walk from Cota d'Azenha, one of the region's best-known riverside restaurants
    Direct access to riverside walking trails

    The Property

    A traditional stone-built property spread across two floors, fully connected to mains water, electricity and sewerage. The rear section has a recently replaced roof. The layout offers good spatial proportions for remodelling, with larger rooms well suited for an open-plan living area or bedrooms with ensuite bathrooms, depending on the buyer's preferences.

    Ground Floor

    Entrance hall (3 m × 2.4 m)
    Bathroom (2.2 m × 1 m)
    Room with stone walls (5.6 m × 4.2 m) - with good proportions to be converted into a suite

    First Floor

    Covered terrace (3.3 m × 2.6 m) accessed via a stone staircase, with river views
    Room currently used as kitchen (3.3 m × 2.6 m) - suitable for conversion into a bathroom
    Open-plan living area (7.2 m × 3.8 m) with two windows facing the river - ideal for a kitchen/living/dining layout
    Rear bedroom (5.4 m × 3.6 m) - suitable for a master suite
    Adjacent bedroom on the lower floor (3.7 m × 2.3 m) with independent street access

    Renovation and Investment

    The property is suitable both as a primary residence and for short-term rental investment. A neighbouring property already operates successfully as holiday accommodation, and Penacova itself is attracting significant investment - including a new four-star spa hotel and a school project worth 7 million euros - demonstrating growing confidence in the area.
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