Stunning 9 bedroom Farm Estate for sale with countryside view in Santo Estevao, Algarve

5,200,000 EUR 4,524,000 GBP 5,148,000 USD

Reference: 243406

Bedrooms: 9
Bathrooms: 8
Floor Size: 1,700 m2
Plot Size: 32.12 hectares / 79.37 acres
Swimming Pool
Equestrian / horse ownership facilities
Gite / Annex / Additional Accommodation
On or Near Golf Course
Garage(s)
Parking space(s)
Tennis Court
Private / Not Overlooked

Details

Fabulous architect designed estate comprising a main villa and guest house, nestling in 32 hectares of glorious land with pool, shooting range and tennis court, enjoying far reaching countryside views from its peaceful location near Santo Estevao.

This magnificent property in the heart of Ribatejo, designed by the architect Antonio Jose Brito e Cunha, is situated just 40 minutes from Lisbon, as well as a few minutes from Santo Estevao Golfe and the town of the same name.

It has vast riding areas nearby and is surrounded by spectacular scenery. This stunning 32-hectare luxury property has been thought out in detail and has unique architectural and decorative elements, where the decoration of the renowned interior decorator Maria Jose Salavisa stands out.

With a gross building area of over 1,700m2 the estate comprises a main house, guest house, garages, carpentry, swimming pool, large lawn (where a helicopter can land), tennis court and official 'skeet' shooting range with a support pavilion, with living room, bar, sanitary facilities and dining area.

The main house consists of six en-suite bedrooms, two living rooms with a fireplace, a dining room with a fireplace, a fully equipped kitchen, rooms for utility (two bedrooms), laundry and a pantry.

Also noteworthy are the vaulted ceilings in rustic brick, built according to the old Portuguese art, which allows maintaining the thermal insulation, as well as the central heating system, the six fireplaces and the radiant floor, the hand-painted tiles of Fabrica de Sant 'Anna, with different motives, from a tropical landscape to a high school equestrian movement and other finishes and used materials, such as the ground floor stone in old marble slabs of an 18th-century monastery and the thick solid oak doors throughout the house.

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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.