Ruins in Portugal
There are a great many properties left to ruin in Portugal most of these can be restored although it is worth checking with your agent that this is the case. Much is written about whether or not to undertake restoration on a ruin or to knock it down and build new.
So many people (I suspect builders) write that it is cheaper to knock it down, well if it is literally a pile of stones on the floor I will agree, but if anyone is prepared to build me four walls and a roof from scratch for €7000 I have work for you. That was the recent cost of a ring beam* and timber roof insulated with tiles on 80 square meters. The rest of what you do inside is a clean canvas and what it would cost either way.
Restoration / renovation projects in Portugal
come in many guises, what usually costs the money is trying to repair or restore the interior, it is almost always cheaper to gut a property that needs total renovation even when on the surface it looks repairable but to refit the inside of an old property need not be all that expensive. Some of the Portuguese builders will not use timber for floors, roofs or ceilings but when used green it is a very cheap resource in Portugal and suits the old buildings very well, because you can afford to make the beams as chunky as you like.
Even Eucalyptus is an excellent roofing material for your main beams and trusses you will also get an old look very quickly as it twists a little in the drying process. Breeze blocks or dry walls can be used to make your rooms and if you have to put in a first floor Eucalyptus again is a very cheap substitute, the only potentially high cost there are floorboards, but on a budget you can use chipboard and laminate flooring.
If you are prepared to do some of the work yourself you can renovate a ruin in Portugal for a surprisingly low price so before you go knocking down four good walls have a think about what you can achieve using local materials and a bit of elbow grease.
A ring beam is a steel reinforced concrete beam placed around the top of the walls of an old building normally forming a closed rectangle, often stone built to consolidate the walls this is especially important if you are building upwards, or putting a heavy roof on it. It also protects and strengthens the walls underneath it from further deterioration. It is an important part of any restoration project and no stone built house should be without one.