Commercial Property for sale with 9.56 hectares of land, Sudoeste, Beja, Alentejo Southern Portugal
12,000,000 EUR
10,920,000 GBP 13,320,000 USD
- Floor Size: 48,015 m2
- Plot Size: 9.56 hectares / 23.61 acres
- Work Required: Major
- Swimming Pool
- Gite / Annex / Additional Accommodation
- Income Potential
- Air Conditioning
- Parking space(s)
- Building Consent / Planning Permission
- Private / Not Overlooked
PRICE REDUCED - Approved project located in Costa Vicentina in a natural park in Sudoeste Alentejano, close to beaches, in one of the most beautiful regions of the country, within a well
preserved landscape close to pedestrian streets, cycle trails, horse riding, canoeing and boating.
A project has been approved to built contemporary homes, some with private gardens and swimming pools, large communal green areas, swimming pools, leisure areas, pedestrian routes and commercial areas.
With glass and pillars creating a sense of space and private patios, the duplex apartments comprise of, on the ground floor: living room, dining room and modern fitted and equipped kitchen.
First floor: large balcony with valley views, 2 bedrooms and 2 bathrooms.
Other features will include:
Private parking, oak parquet flooring, thermo windows, electric blinds, fitted and equipped kitchens, solar panels, air conditioning, balconies and terraces.
Share 
Interested?
We are a free, international and independent luxury real estate company delivering a bespoke service to discerning buyers and sellers globally.
To view this property or to find out more information, please contact us through our enquiry form or by telephone.
CALL +44-1935-817188 ENQUIRE
Wishlist
Create an account and save this property for later.
Create Wishlist
Discover More
Read features and articles about desirable destinations, amazing properties and handy buying tips on our property blog.
We also post daily property bargains and other content on to our social media pages. Don't forget to like and follow to keep up to date!
Portugal Property Buying Guide Property Blog
Schools in Portugal
Guide to the Portugese Buying Process
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.
