Character 2 bedroom Villa for sale in Sao Bras de Alportel, Algarve
This well-located semi-detached cottage is habitable as it is but would benefit from additional modernisation.
At present comprising of kitchen, sitting room, 2 bedrooms, bathroom, outdoor additional adjoining rooms.
Set in an elevated south facing private mature plot with olive trees. A truly wonderful setting
The property has direct tarmac road access with water and electricity on site.
Fully walled plot with natural stone walls.
The property is in very good condition structurally and subject to consultation with the local planning aut...
This well-located semi-detached cottage is habitable as it is but would benefit from additional modernisation.
At present comprising of kitchen, sitting room, 2 bedrooms, bathroom, outdoor additional adjoining rooms.
Set in an elevated south facing private mature plot with olive trees. A truly wonderful setting
The property has direct tarmac road access with water and electricity on site.
Fully walled plot with natural stone walls.
The property is in very good condition structurally and subject to consultation with the local planning authority in Sao Bras the property could be enlarged. Also at present due to the new PDM location the land may also allow the separation of the large plot to create a second building plot located on the lower part of the land. We are awaiting the PIP from the local council of Sao Bras De Alportel to confirm the viability.
A great all-round investment.
Enter the through the traditional Portuguese metal double doors into a large traditional beam and cane ceiling kitchen with the large Inglenook fireplace, a great feature of the old farmhouses.
A basic bathroom is off the kitchen and also you have access to 3 additional rooms creating at present a sitting room, and 2 bedrooms. All rooms have windows south facing.
Connected externally are a further bread oven and storage rooms which could be incorporated with in the main house to create additional living accommodation.
The property sits in the highest part of the land, with a full South facing aspect overlooking the mature plot with many established olive trees and Carob trees. Great fertile land for growing.
The property also benefits from a large terrace and the traditional water cisterna, there are also additional outbuildings registered on the land, in the past used for animals and could create additional storage area or workshops.
Great blank canvas.
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This Villa is located in Sao Bras de Alportel in Portugal
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Buying a Property in Portugal
1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.