Reference256208
Price780,000 EUR
Bedrooms6
Bathrooms2
Floor Space628.0m2
Land Area

6 bedroom Manor House for sale with countryside view with Income Potential in S Joao de Rei,

780,000 EUR
647,400 GBP819,000 USD
Distinguished character property in the idyllic Cavado Valley, in Sao Joao de Rei, offering huge potential, versatile accommodation and income opportunities.

This remarkable example of Minho manor architecture is built in granite stonework of excellent quality and with great care in the detail.

The property consists of three independent buildings: the main house, a traditional hayloft and a two-storey house that includes an old private chapel dedicated to Nossa Senhora da Lapa.
All the buildings are set in a plot of about 3 acres, surrounded by nature, with unobstructed views and an atmosphere of absolute tranquillity.

Their architectural design preserves the nob...
Distinguished character property in the idyllic Cavado Valley, in Sao Joao de Rei, offering huge potential, versatile accommodation and income opportunities.

This remarkable example of Minho manor architecture is built in granite stonework of excellent quality and with great care in the detail.

The property consists of three independent buildings: the main house, a traditional hayloft and a two-storey house that includes an old private chapel dedicated to Nossa Senhora da Lapa.
All the buildings are set in a plot of about 3 acres, surrounded by nature, with unobstructed views and an atmosphere of absolute tranquillity.

Their architectural design preserves the nobility of the period, with original elements that reflect their history and identity.

The spacious outdoor areas offer various possibilities for redevelopment, both in terms of landscape and function.

Given its privileged location, natural setting and heritage value, this property presents itself as an excellent opportunity not only for a prestigious family residence, but also for tourism projects or the organisation of events such as weddings, retreats or charming accommodation.

Classified as a Property of Municipal Interest, this house carries with it not only architectural value, but also an important cultural legacy of the region.

Plot Area: 12,430 m2 | 133,795 sq ft
Deployment Area: 628 m2 | 6,760 sq ft
Building Area: 1,252 m2 | 13,476 sq ft

Bedrooms: 6
Bathrooms: 2
Energy efficiency: A

FEATURES:

• Casa do Ribeiro;
• Traditional hayloft;
• 2-storey house and chapel.
Contact our Property Expert
Rebecca

Rebecca Ludlow

UK Office: +44 (0)1935 817188

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Features

Location

Where is this property?

This Manor House is located in Povoa de Lanhoso in Portugal

For security, the map shows the nearest town or village. Please get in touch for full details.

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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.