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Crumbling Euro Castles Await Deep-Pocketed Preservationists

Rob Bear
June 11, 2013

With a sweeping view of the Atlantic, impressive architecture, and a storied past, its a wonder that this 16th-century mansion on the outskirts of Lisbon, Portugal has yet to find a buyer. That may have something to with the fact that the price for the 11-acre property has yet to be revealed and the restoration and renovation bills are sure to tally in the millions. Substantially expanded in the 1890s by its then owner, Count Joaquim Pinto de Magalhães, the sprawling structure now stretches over 16,000 square feet, housing 20 bedrooms and 18 bathrooms. The interiors are in surprisingly good shape compared to the ragged grounds, which have animal pens and some unsightly chain link fencing.