Unique 8 bedroom House for sale with panoramic view in Elvas, Alentejo Southern Portugal
located in one of the most typical and beautiful places of Elvas, and really close to the Cathedral.
The Palace is composed of a picturesque triangular square with manor houses, with a coat of arms, and the Church of Nossa Senhora da Consolacao. This square is close to the 10th century Arab Gate, flanked by two towers and crowned with a gallery. The Mesquita Pimentel Palace was built in the 16th century by Luis de Mesquita Pimentel, a noble knight from Elvas. The Palace hosted King Filipe II of Spain in 1580, while he lived in Elvas before leaving for Lisbon.
Several months earlier, the Palace was de...
located in one of the most typical and beautiful places of Elvas, and really close to the Cathedral.
The Palace is composed of a picturesque triangular square with manor houses, with a coat of arms, and the Church of Nossa Senhora da Consolacao. This square is close to the 10th century Arab Gate, flanked by two towers and crowned with a gallery. The Mesquita Pimentel Palace was built in the 16th century by Luis de Mesquita Pimentel, a noble knight from Elvas. The Palace hosted King Filipe II of Spain in 1580, while he lived in Elvas before leaving for Lisbon.
Several months earlier, the Palace was deeply refurbished by the royal architect Juan de Herrera, the architect who built the Escorial Monastery. Originally, the Palace was connected to the building a little further down, at the Porta do Sol, forming only one building.
The palace was modified during the 18th and 19th centuries, keeping only its side facade, a corner window with colonnettes, typical of the late 16th century Spanish architecture. Inside the palace, there is a large patio that can be accessed from a portal crowned by the coat of arms of the Mesquita Pimentel family. An impressive section of the first Islamic wall runs through the Palace. This enclosure was built in the 9th century and includes the ancient Temple Gate in the wall, with an original horseshoe arch and an elbow entrance.
Distributed by three floors and with high adorned ceilings, the Palace has currently eight bedrooms, seven living rooms, four bathrooms, three libraries/offices, three marble fireplaces, and two kitchens.
There are five vaulted barns, stables, a woodshed, garage, several patios, terraces, balconies and gardens.
In the courtyard there is an Arab cistern for watering and an ample area where a swimming pool could be placed. The palace also offers beautiful panoramic views over Elvas and its idyllic setting.
The fact of being Patrimony, it also qualifies it for certain tax benefits.
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This House is located in Elvas 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.