6 bedroom Estate for sale with countryside view with Income Potential in Alcacer do Sal, Alentejo Southern Portugal
Imagine a place where the sound of birds and the whisper of the wind through the pine trees blend with the gentle glow of a private dam. Here, in complete harmony with nature, is a property that breathes serenity and beauty in every detail. With 40 hectares of land as far as the eye can see, this estate invites you to live surrounded by a unique natural landscape.
Umbrella pines, cork oaks, holm oaks and olive trees create a r...
Imagine a place where the sound of birds and the whisper of the wind through the pine trees blend with the gentle glow of a private dam. Here, in complete harmony with nature, is a property that breathes serenity and beauty in every detail. With 40 hectares of land as far as the eye can see, this estate invites you to live surrounded by a unique natural landscape.
Umbrella pines, cork oaks, holm oaks and olive trees create a rich and diverse landscape, perfect for those who value connection with the land and the serenity of the countryside.
The property is fully fenced and includes a private dam with a capacity of 45,000 cubic metres, which not only enhances the space but also provides a special refuge to contemplate the sunrise or sunset, reflected in its calm waters.
The estate features two independent villas and other complementary buildings.
The 4 bedroom villa comprises three suites, one additional bedroom, four bathrooms, a spacious living room with a salamander heater, a dining room and a fully equipped kitchen. It has a total area of 950m2, with a 215.28m2 covered area and a 734.72m2 outdoor space.
The 2 bedroom villa has one bathroom, and a living room with a kitchenette, ideal for hosting friends or family. It has a total 450m2 area, with an 86.92m2 covered area and a 363.08m2 outdoor space.
A third building is dedicated to a garage and storage, with a total area of 350m2, including an 84.50m2 covered area and a 265.50m2 outdoor space.
The garden is fully fenced, providing privacy and security. The property also includes areas designated for arable farming, pasture, vegetable gardens, olive groves and cork oak woodlands, offering vast agricultural potential.
All of this is just 20 minutes away from the beaches of Comporta and
50 minutes away from Lisbon, offering the perfect balance between the peace of the countryside and proximity to the city.
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This Estate is located in Alcacer do Sal 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.