Character 8 bedroom Farmhouse for sale with countryside view in Torres Vedras, Central Portugal

8,850,000 EUR 7,699,500 GBP 8,761,500 USD

Reference: 239674

Bedrooms: 8
Bathrooms: 12
Floor Size: 606 m2
Plot Size: 115 hectares / 284.17 acres
Work Required: None
Equestrian / horse ownership facilities
Vineyard / Wine-making facilities and equipment
Lake, River or Pond
Gite / Annex / Additional Accommodation
Income Potential
Parking space(s)
Private / Not Overlooked

Details

Magnificent 8 bedroom wine estate, which is ideally situated within a quiet and private setting on a large 115 hectare plot, around 50km from Lisbon, in the wine West region.

Torres Vedras is just 8km away and the various beaches in the region, such as Praia Azul and Praia de Santa Cruz, are around 20km away.
The access route to Quinta da Charneca is mostly by motorway (A8) and always through asphalt roads.

The land, which is fully fenced, features 3 wells with drinking water for consumption, 2 streams, excellent sun exposure and fantastic conditions for planting vines and other crops such as olive trees, apple, peach, pear, cork oaks, cherry and pine trees.

The plot has a set of buildings in a good condition, for immediate use, composed by a single family villa of large dimensions (835m2), that is approximately 30 years old, which comprises of a master suite with 2 bathrooms; 2 en-suite bedrooms; bedroom with 2 bathrooms and 2 social bathrooms, 2 living rooms, 2 kitchens, a laundry area and, in the independent area, a bedroom, bathroom and a living room.

Other features include:
- 315m2 wine cellar that is approximately 100 years old.
- 150m2 dwelling that has recently undergone general improvement works, in an excellent condition, with a bedroom suite, 2 bedrooms and 3 bathrooms
- Dwelling, that is approximately 30 years old, in a reasonable condition with around 100m2, being currently the residence of the property's caretaker
- Stables (465m2), that is about 30 years old, in a good condition, which is in normal operation
- 5 houses in a village located at one end of the property, in a reasonable condition and with works required, 3 of them are inhabited
- "Castle", that is about 30 years old, which works as a meeting point and support for recreational activities

Several improvements were effected, with a special highlight, among others, to the totally asphalted road that connects the exterior access to the area where the constructions are located; the total fencing of the property; the connection to the public water, electricity and telecommunications network and the paved patios.

In the Torres Vedras Municipal Director Plan the property area is mainly classified as agro-forestry and a small part as Special Agricultural Area, presenting however a strip, along the Municipal Path, that margins it to the west, classified as Level IV Urbanizable with about 5,92 hectares, which makes possible the construction of approximately 60 single family houses (average lot size of 700m2).

Show Map

Portugal Property Buying Guide

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.