Unique 15 bedroom Estate for sale with countryside view in Santa Eulalia, Arouca, Northern Portugal
Situated in the area of the Serra da Freita Geopark and the famous Paiva Walkways, as well as having links to the Douro region, this farm has a kiwifruit plantation of around 4 hectares.
The Manor House, which has been completely refurbished and features typical rural architecture, dates back to the 15th century. It has 6 en-suite bedrooms and three living rooms that reflect the characteristic atmosphere of the time...
Situated in the area of the Serra da Freita Geopark and the famous Paiva Walkways, as well as having links to the Douro region, this farm has a kiwifruit plantation of around 4 hectares.
The Manor House, which has been completely refurbished and features typical rural architecture, dates back to the 15th century. It has 6 en-suite bedrooms and three living rooms that reflect the characteristic atmosphere of the time with the comforts of today.
Next door is the private chapel - where all the details have been perfectly preserved - and the old cellars and barns whose uses can be adapted to today's facilities.
Next to the manor house, set in a beautiful courtyard, is the Casa do Caseiro, which has been completely rebuilt and has 5 en-suite bedrooms, a living room and kitchen, as well as the old barns - the Casa do Terreiro - which have been luxuriously transformed into three suites with a large dining room.
In the centre of the houses is a relaxation area with a deck and swimming pool, and the high quality of the construction and finishes should be highlighted.
The whole exterior breathes the tranquillity and purity of the region, benefiting from the romanticism of the beautiful gardens that surround the houses, as well as the gentle sound of the water from the stream that runs next to the property.
This is an excellent opportunity for those looking to invest in a tourist and agricultural project that has already been created, or for those who want to enjoy a new family project in a rural area full of history.
With a unique location, 40 minutes from Porto and 5 minutes from the centre of Arouca.
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This Estate is located in Arouca 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.