Reference246140
Price980,000 EUR
Bedrooms6
Bathrooms7
Floor Space580.0m2
Land Area20.0 Ha

Income Producing 6 bedroom Farmhouse for sale with countryside view in Serpa, Alentejo Southern Portugal

980,000 EUR
842,800 GBP1,048,600 USD
Surrounded by 20 hectares of glorious land with expansive pool and petanque court, is this fabulous estate comprising a main house and guest house, enjoying far reaching countryside views from its location near Serpa.

Situated on the borders of the Vale do Guadiana Natural Park, this tastefully furnished house was built ecologically in the typical Alentejo style in 2008 by the current owners and has been run as a B&B ever since.

This property is suitable for people who would like to live and/or work in nature. The airports in Lisbon, Seville and Faro (Algarve) are easily accessible.

The country estate can be used in many ways, i.e. as a B&B (the property is fully lice...
Surrounded by 20 hectares of glorious land with expansive pool and petanque court, is this fabulous estate comprising a main house and guest house, enjoying far reaching countryside views from its location near Serpa.

Situated on the borders of the Vale do Guadiana Natural Park, this tastefully furnished house was built ecologically in the typical Alentejo style in 2008 by the current owners and has been run as a B&B ever since.

This property is suitable for people who would like to live and/or work in nature. The airports in Lisbon, Seville and Faro (Algarve) are easily accessible.

The country estate can be used in many ways, i.e. as a B&B (the property is fully licensed), long-term rental, base for sports activities such as hiking, horseback riding, fishing, biking, retreat and seminar centre, self-sufficient communities, family home, horse ranch, etc.

The well-kept 582m2 country house is situated on a beautiful piece of land with a total of approximately 20 hectares. Built with traditional and selected materials in a style typical of Alentejo country houses, the property comprises: a guest house, a main house, a swimming pool and covered outdoor dining areas.

The main part features a fully equipped Miele kitchen with first class appliances and a separate dining area, a spacious living room with fireplace, an office overlooking an atrium, a guest bedroom with separate WC and shower, a storage room for groceries and appliances, a laundry room and a master bedroom with private bathroom.

The guest part has 4 double bedrooms, each with its own bathroom. Two of the bathrooms are equipped with bathtubs, the other two with showers. All rooms are equipped with fitted wardrobes and each have separate access to the outside area.

A corridor connects the rooms and leads to a reception area which adjoins a large communal living room with a fireplace, ideal for relaxation or group activities.

Four steps lead down from the living room to the shared kitchen, which is equipped with a microwave, oven and dishwasher.

The kitchen opens onto a front porch overlooking the pool and countryside. This outdoor area is very popular for breakfast and meals or to enjoy the Alentejo sunsets.

The property has a Class B Energy Performance Certificate. The thick Taipa (clay) walls ensure good insulation in both hot and cold weather. The entire house is covered by a multi-layered roof. Various materials, including a 20 cm thick insulation layer, help to ensure that the temperature is pleasant all year round. The upper layer of the roof consists of tiles and the lower layer of bamboo canes, typical of the traditional construction of Alentejo houses.

The water supply is ensured by its own well (source 2000 litres per hour), as well as a reserve tank with a capacity of 25,000 litres. A UV filter system ensures clean drinking water. The hot water supply is produced by a solar system and the whole house has central heating that runs on wood pellets. This heats the house in the short winter months and gives a pleasant feeling of well-being. There is pre-installation for central air conditioning and mains electricity. It is equipped with high-quality wooden doors, double-glazed windows with wooden shutters and fly screens.

The outdoor area includes a 12 x 4 m swimming pool, which is surrounded by wooden decking, stone slabs and shady old olive trees. There is also a bowling alley with seating and an outdoor grill. All of this offers magnificent views over the idyllic Alentejo countryside and uninterrupted views of a sensational sunset.

The picturesque villages of Serpa (with plenty of restaurants and shopping) and Sao Domingos (with a lovely swimming lake) are a 15 minute drive away. Mertola can be reached in 35 minutes.




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Features

Location

Where is this property?

This Farmhouse is located in Serpa 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.