Is 2024 the Year You Buy a Revamped Water Mill in Portugal for $1.4M?
The property comes with four fully furnished dwellings peppered around a crescent-shaped pool and surrounded by cork and olive trees.
The property comes with four fully furnished dwellings peppered around a crescent-shaped pool and surrounded by cork and olive trees.
Location: Alentejo, Portugal
Price: € 1,300,000 (approximately $1,420,133 USD)
Renovation Architect: Pereira Miguel Arquitectos
Footprint: 3,401 square feet
Lot Size: 1.68 acres
From the Agent: "Awarded Monocle magazine’s Best Renovation of the Year in 2015, this collection of ruins constituting an old watermill were artfully restored by Pereira Miguel Arquitectos. A tranquil hideaway just 15 minutes outside the famous hilltop town of Arraiolos and down the road from a small village, this idyllic retreat is perfect for those looking for a refuge from the fast pace of modern life. The property is divided into four recovered ruins all a few footsteps apart. The principal building is currently used as the ‘social house’ and includes a large farmhouse-style kitchen and an open-plan living and dining room—a space for friends and family to gather and enjoy the crackle of the wood fire. The sleeping quarters are divided across three structures: two one-bedroom cottages with en suite bathrooms and a larger house which includes three bedrooms and two bathrooms. The property was designed to welcome families and groups of up to 10 people."
The property is surrounded by olive trees, bordered by a stream, and dotted with rock formations.
Photo courtesy of Fantastic Frank Lisbon
The buildings feature rustic details—like exposed beams and stone accents—and crisp, white walls.
Photo courtesy of Fantastic Frank Lisbon
Photo courtesy of Fantastic Frank Lisbon
See the full story on Dwell.com: Is 2024 the Year You Buy a Revamped Water Mill in Portugal for $1.4M?
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