Unique 2 bedroom Farmhouse for sale with countryside view in Grandola, Alentejo Southern Portugal
This Alentejo-style house of 133.5m2, features a functional and cosy layout, consisting of a living room with a typical regional open fireplace of 42m2, two suites of 19m2 with integrated bathrooms, a very practical and fully equipped kitchen of 10.5m2, a guest bathroom, several storage areas, and a laundry room of 7.5m2. All in a simple, clean, and organised interior architecture.
The materials used are of modern design, and the neutral colours blend with white in a clear and elegant manner. The municipality allows this house to ...
This Alentejo-style house of 133.5m2, features a functional and cosy layout, consisting of a living room with a typical regional open fireplace of 42m2, two suites of 19m2 with integrated bathrooms, a very practical and fully equipped kitchen of 10.5m2, a guest bathroom, several storage areas, and a laundry room of 7.5m2. All in a simple, clean, and organised interior architecture.
The materials used are of modern design, and the neutral colours blend with white in a clear and elegant manner. The municipality allows this house to be expanded to 250m2.
Outside the house, there is a storage room of 16m2 that serves as a tool shed, housing the heat pump that complements the solar panels, and filters that stabilise and ozonise the water from a 60m deep borehole, and another annex, with a project underway for expansion and transformation into a loft with a bathroom and small living room, in an area of 64m2.
Outside, just a few metres away, you can feel the presence of an underground water vein that gives rise to multiple wells of ancestral origin and construction, two of which are on the property. Perfect for organic production of vegetables and aromatic plants.
It has solar panels for hot water and electricity production.
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This Farmhouse is located in Grandola 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.