Farm with 66.380 m2, 2-storey country house, having on ground floor an open space area with lounge and living area with fireplace and stove, dining area, rustic kitchen with granite countertop and space for meals, pantry, laundry and storage. Terrace around the house and porch in front. Clay floorings in rustic terracotta. Entrance hall with the natural stone floor 'moleanos', WC , 2 suites with large wardrobe and 2 bedrooms with wardrobe and connection to the bathroom (2 washbasins and Bathtube). On the 1st floor, office, various furniture for storage, generous area with high right foot viable for the construction of more rooms and WC (is endowed with water, light, sewage). The basement has space for an Apartment with a kitchen, living room, bedroom, WC with shower, which benefits from a lot of light and garden access. Central heating by diesel and solar panels for heating the sanitary waters. Doorways with adjustable shutters and double glazed windows. Alarm.
Uncovered paddock with lighting and 3 boxes for horses (with space to install 4 more boxes), good for installing a 'carrier'.
Water Hole with 170mts depth and capacity of 10,000 liters/hour. 2 water mines from natural spring that flows into the pond and 3 wells. Water tank with 4,000 lts for irrigation support. Water points across the perimeter of the property.
Property fenced and with animal parks. Chicken coop. Agricultural support Annex, haystack, and stables. 3 Full and illuminated Kennels.
Parcels of clean land suitable for pasture, plantation of the vine and also for the olive grove. It has an area for a vegetable garden, an orchard with several trees and fruit and forest with pines, cork oak, oaks, holm oak and strawberry trees.
The entrance road of the farm to the house is surrounded by lighting with timer.
Wide views of the countryside and of the mountain Serra D'aire and Candeeiros. Quiet area with good sun exposure, south-oriented house.
5 minutes from Cartaxo, 10 minutes from the A1/Aveiras, 40 minutes from Lisbon.
Covered Area 481.79m² / Land area 66.380m²
Energy Rating: B-
PORTUGAL - House Prices increased 8.4%
In 2020, the House Price Index (HPI) increased 8.4% when compared with the previous year. This rate of change was 1.2 percentage points (pp) lower than in 2019. From 2019 to 2020, the prices of existing dwellings (8.7%) increased at a higher rate than new dwellings (7.4%).
In the 4th quarter of 2020, the HPI year-on-year rate of change was 8.6%, 1.5 pp more when compared to the previous quarter. In this period, price increases were less intense for existing dwellings than for new dwellings, 8.5% and 9.0%, respectively.
In 2020, a total of 171,800 dwellings were transacted, 5.3% less than in 2019. The total amount of transactions reached 26.2 billion euros, an increase of 2.4% compared to the previous year. The value of new dwelling transactions increased by 9.3% to €5.4 billion and that of existing dwellings rose by 0.7% to €20.8 billion euros.
Between October and December 2020, the number of transacted dwellings stood at 49,734, resulting in a year-on-year rate of change of 1.0% and an increase of 10.2% when compared with the previous quarter. In this period, the value of house sales totalled 7.5 billion euros, up by 8.7% compared to the same period in 2019.
Portugal Golden Visa
Reduced Option: 350,000 Euro Real Estate Rehabilitation
As of January 1st, 2022, where you can invest in real estate to qualify for the Portugal Golden Visa will be restricted. Properties purchased in Lisbon, Porto, or the coastal towns will not qualify for the program. This rule change does not apply to any purchases made until the end of 2021.
There are a few different investment methods that qualify an investor for the Portugal Golden Visa. Among these, real estate acquisition is the most popular one by far.
However, within the real estate acquisition module, there are multiple available options. You can either get a property for 500,000 Euro or choose to go with an urban rehabilitation option, where the minimum investment value drops down to 350,000 Euro!
As its name suggests, the objective of this option is to promote urban rehabilitation and offer the investor a series of benefits for contributing to the renovation of the property in return.
Acquisition of real estate, which must be constructed more than 30 years ago or located in an urban rehabilitation area. The acquired property must be rehabilitated in accordance with the municipality regulations. The total amount of the property purchase price and the renovation works must equal or be greater than 350,000 Euro.
The 350,000 Euro minimum amount includes the property price + the renovation works.
The lowest real estate investment threshold for the Golden Visa program in Portugal is 280,000 Euro. In order to qualify for this option, the property needs to be older than 30 years old, renovated, and located in a low-density area.
Grants & Incentives
The success of Portugal as an investment destination is based on the country’s positive approach towards international business. Portugal offers a strategic location, access to key markets, skilled human resources, competitive costs and top infrastructures.
Portugal offers national and foreign investors investment incentives.
Incentives may come as financial incentives, repayable or non-refundable, tax benefits and co-financing. Exceptionally, specific subsidies may also be granted, such as reimbursement of employers’ costs with the training of employees.