48 bedroom Estate for sale with panoramic view with Income Potential in Agueda E Borralha, Central Portugal
The Borralha Palace, also known as the Borralha House, is a stunning property with roots dating back to the 19th century, more precisely to 1843. The building was initially built by Francisco Caldeira Leitao Pinto and his wife Ignez de Vera Geraldes Mello e Bourbon, members of the local aristocracy.
It represents a rich blend of architectural styles, primarily neoclassical, with revivalist details of neo-gothic influence, as well as neo-medieval elements, giving it a unique and aristocratic aest...
The Borralha Palace, also known as the Borralha House, is a stunning property with roots dating back to the 19th century, more precisely to 1843. The building was initially built by Francisco Caldeira Leitao Pinto and his wife Ignez de Vera Geraldes Mello e Bourbon, members of the local aristocracy.
It represents a rich blend of architectural styles, primarily neoclassical, with revivalist details of neo-gothic influence, as well as neo-medieval elements, giving it a unique and aristocratic aesthetic.
The Palace is a testimony to the architectural splendour of the 19th century in Portugal and its construction dates back in large part to the era of economic growth that the country experienced during the industrial boom. Originating from a noble family, it represents the typical summer residence of the Portuguese aristocracy, who sought to escape the heat of the city.
Over time, the property has undergone several alterations, but still preserves significant traces of its original design. The main facade, which is remarkably imposing, has a symmetrical design in five sections, with the central one and the ends highlighted by triangular pediments.
In the centre is a coat of arms stone that celebrates the coat of arms of the founding families, a visual detail that underlines its noble origin and the property and its historical connection. Additional elements, such as the neoclassical gate that delimits the main access, decorated with the coat of arms of the Leitao, Pinto, Caldeira and Carvalho, reinforce the atmosphere of refinement and tradition that one feels when entering the space.
The palace and its main entrance is dominated by a grand staircase leading to a sophisticated portico, adorned with sculpted decorative details that give it a majestic air.
The large, romantic garden preserves centuries-old trees, lakes, ornamental ponds and even an artificial grotto, offering a serene and contemplative setting.
Over the years, the Borralha Palace has served as a meeting place for cultural and political events, becoming a landmark of social and historical importance in the region.
Today, adapted into a 48-room hotel and event space, its interior has been carefully preserved, housing large halls with high ceilings decorated with frescoes, as well as sumptuous chandeliers and historicist-style tile skirting boards, produced by Miguel Costa in 1905. These tiles adorn spaces such as the grand staircase leading to the upper floors, where the walls have been lined and the rooms cushioned as an evocation of the luxury and sophistication of other times.
The high-quality wooden floors and traditional Portuguese tiles add an incomparable charm, allowing visitors to enjoy the history and sophistication of the space. many of the furnishings and interior decorations are original and date from times gone by, including pieces of art and furniture that reflect the aristocratic life of yesteryear, which contributes to the authenticity of the space, making it a point of interest for all history lovers.
The Palacio da Borralha is now recognised as a cultural icon in Agueda, attracting tourists and historians alike. Its historical value, combined with its architectural and landscape beauty, will certainly be its strong point for future investment, attracting new ideas and uses for the building, such as reception spaces, cultural exhibitions or event centres.
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This Estate is located in Agueda E Borralha 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.