Immaculate 3 bedroom Estate for sale with countryside view in Santiago do Cacem, Alentejo Southern Portugal
Santiago do Cacem.
This superb property blends modern comfort with the rustic beauty of the Alentejo architecture, and offers a unique experience of living in the countryside with all the contemporary amenities.
Built in 2020, with a 160m2 private gross area, it stands out for its architectural features, such as the high ceiling and wood-lined ceilings in the kitchen and living room, providing a warm and inviting atmosphere.
It comprises of three bedrooms, one of them...
Santiago do Cacem.
This superb property blends modern comfort with the rustic beauty of the Alentejo architecture, and offers a unique experience of living in the countryside with all the contemporary amenities.
Built in 2020, with a 160m2 private gross area, it stands out for its architectural features, such as the high ceiling and wood-lined ceilings in the kitchen and living room, providing a warm and inviting atmosphere.
It comprises of three bedrooms, one of them being a spacious suite with a pleasant wardrobe, with direct access to the porch. Another bedroom is being used as an office. The kitchen and living room are in open space, offering a spacious and bright environment. The kitchen is fully equipped and the living room has a double fireplace that provides a cosy atmosphere between the living room and the office.
The full private bathroom has an Italian shower that offers it elegance and modernity.
The property presents traces of the Alentejo architecture, with a high ceiling and wood-lined ceiling in the kitchen and living room, while other areas have the ceiling lined with plasterboard with built-in light spots. The floor is floating in the bedrooms and mosaic in the remaining zones.
Double glazed windows ensure thermal and acoustic insulation. The water heating is ensured through solar panels, and there is air conditioning in all the rooms thus ensuring energy efficiency and comfort throughout the year.
In the outdoor area, the porch offers a panoramic view of the property, creating the perfect place to relax and enjoy nature.
The land, with 3.4 hectares, includes an olive grove and agricultural support, providing numerous opportunities for agricultural projects or outdoor leisure. This farm represents the perfect harmony between modern luxury and the natural beauty of the Alentejo.
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This Estate is located in Santiago do Cacem 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.