Historic townhouse in the medieval village of Penela. An imposing house with spacious areas and an excellent outdoor space. This property offers multiple possibilities: conversion into two well-appointed apartments with outdoor areas; an excellent residence for permanent living; guest accommodation/hostel; or residential use combined with a dedicated guest accommodation section. Townhouse with 460 square meters of gross construction area, comprising ground floor, first floor, and outdoor space. On the ground floor, there is a large enclosed garage with capacity for two cars and an adjoining storage room. This garage provides direct access to the interior of the house. We enter through the main hall and encounter a beautiful staircase leading to the first floor. Also on the ground floor, there is a pantry and three additional rooms that could serve as a living area, office, or bedrooms. Moving to the first floor, we find two large reception rooms with glazed doors opening to the exterior—one with views over the village center and a balcony, the other overlooking the garden with a large terrace. There are also three bedrooms, a large bathroom, a spacious kitchen, an office, and access to a generous attic space. This level is characterized by its generous proportions, views, and east/west sun exposure. From here, we can descend to the basement with several rooms that can easily be converted into living space at garden level, providing direct access to the outdoor area and abundant natural light. There is also a ground-level terrace and a large garden, ideal for building a swimming pool, garden, and/or vegetable patch. This garden also has direct access to the street via a small side gate. The house is characterized by large windows, high ceilings, and generous interior spaces. A building requiring complete renovation, located in the historic center of Penela village with multiple usage possibilities. A historic building with character and centrality, just minutes from public services, schools, shops, health center, and public transport. Penela is a small village where quality of life is maintained and road access is excellent. Property description: - 1,013 square meters of total land area - 460 square meters of gross construction area Features: - 5 bedrooms - 2 reception rooms - 1 bathroom - 1 kitchen - 3 storage rooms - 1 garage - 1 spacious attic - Garden Relevant distances: - City of Coimbra 18 km away - Village of Miranda do Corvo 8 km away - City of Lisbon 200 km away - City of Porto 150 km away