house hunting in portugal
EUR 75 million)
The bedroom Portuguese farmhouse in the Algarve area of southern Portugal is located at No. 1.
There are 3 acres of two guest houses, a swimming pool and tennis courts.
The date of the building, in the 1920 s, repaired the structure that remained rustic in 2003 2004
Thick stone wall, clay roof tile in Santa Catalina, small wood-
Blinds of Terra
Cotta floor and sugar cane ceiling
While adding modern facilities, Virgolino Gomes, an agent for Sotheby\'s International Real Estate Portugal, said.
Front door 2,163-square-
The walking farmhouse is open to the foyer with a dressing room and a staircase on the right and a large living room on the left.
The walls of the House are painted in soft, choppy pastel colors in a style similar to the Moroccan tadelak.
There is a wood in the living room
Burning fireplace with side door leading to a large balcony.
Sir, the furniture is not included in the asking price but can be negotiatedGomes said.
The outside of the living room is the kitchen leading to the covered terrace;
Cabinets in the kitchen are painted with purple red and natural stone countertops.
There is also a dining room outside the living room with doors to the terrace and a covered terrace for outdoor dining.
A small room next to the restaurant, now used as a living room, with a niche with wood
A baking oven used to bake bread.
There is also a bedroom outside the living room and a bathroom with a bathtub.
There are four bedrooms on the second floor of the house.
The master bedroom has an en-
The same goes for the en suite bathroom with bathtub and another bedroom.
Sir, the other two bedrooms share a bathroom and a balcony. Gomes said.
Each room is approximately 1,300 square feet and has two bedrooms and a bathroom.
There\'s a hotel-
Planned kitchen and living room facing 52-by-20-
Swimming pool and cement tennis court, Sir. Gomes said.
There\'s a farmhouse-
Garage and garage for six cars.
There were olives, beans, pomegranates, figs and apricot trees on the grounds, he said.
The family is located in a small town with a population of 11,000 and offers basic shopping and services.
A 10 minute drive to six beaches in the Atlantic Ocean, several championship golf courses and high
End services and shopping in upscale resort segments of Quinta do Lago and Vale do LoboGomes said.
Faru, the capital of the Algarve region, has about 50,000 inhabitants. Faru has an international airport, about 20 minutes from the airport.
There is also parmesa park nearby, a coastal lagoon popular with birdswatchers.
The Algarve region on the southern coast of Portugal was once the second booming market.
Home market for UK buyers, offering a range of properties from apartments and townhouses to refurbished Portuguese farmhouses and super temporary mansions at golf resorts.
But after the global real estate crisis in 2008, house prices fell by about 20%, or even up to 40% in some cases, said Mike Braun Hortz, director of prestige real estate.
The market is still not recovering, but there are signs of recovery, he said.
Braun Hortz recently bought his own holiday home in Algarve.
\"I have been an overseas realtor for 20 years and have never invested in overseas properties, and this year I chose Portugal because I think the time is ripe,\" he said.
\"I don\'t think the market is going to be lower than it is now and will definitely go up again, so now is a good time to buy.
The most expensive house in the Algarve area is located in the so-called \"golden triangle\" range, which is loosely defined as two high-
Ending the golf resort, says Greg Boegner, Quinta do Lago and Vale do Lobo and vilamora, a coastal resort with a marina, founder and real estate marketing consultant of Portugal\'s confidential lifestyle blog.
\"Many of the inhabitants of vilamora, Vale and Quanta dorago are British politicians, European football stars, some Portuguese and European entertainers and wealthy families . \"Boegner said.
Many of the large mansions at the golf resort have contemporary architectural styles and are influenced by the Portuguese architect, Mr. Vasco Vieira.
Said Braun Hortz.
Homes in the Golden Triangle, especially in the Golden tagolago area, usually cost about 1 million euros, or about $1.
13 million, the price of a new villa is as high as 20 million euros, about $22.
He said it was 6 million of a \"spectacular villa with pool and panoramic sea views.
But there are also some lower-priced houses, including apartments of about $170,000 to $225,000;
Townhouses of about 340,000 to 400,000 yuan;
The price of the old villa is about $735,000, he said.
The gold triangle can add a premium of 10 to 15% to the value of the house, and a 40% increase in Quinta dolagor or Vale doloboGomes said.
Outside the golden triangle, two.
The price of the bedroom apartment is less than $115,000;
Townhouses of about 135,000 to 180,000 yuan;
And the price of the villa is between $250,000 and $270,000.
Said Braun Hortz.
\"Generally speaking, the farther you go in Algarve, the more valuable your money will be,\" he said . \".
People who buy properties in Algarve British buyers have traditionally dominated Algarve.
However, in recent years, in part in response to the government\'s campaign to promote the region among foreign investors, residents of other European countries including Ireland, Germany, the Netherlands, Sweden and France, the agent said, they have been buying holiday homes in large quantities.
A government project that provides five.
The agent said that the one-year residence permit issued to non-EU citizens, known as a Gold Visa, attracted Chinese and Middle East buyers who bought the property for at least 500,000 euros less.
In addition, there are more and more luxury home buyers in Russia in Jinta dolago and Vale dolobo.
Said Braun Hortz.
Some Americans are buying a house, but with no direct flights from the United States to Faro, they have fewerBoegner said.
This area is about two. and-a-half-
Lisbon International Airport is an hour\'s drive away.
Foreign buyers are not subject to any restrictions in Portugal.
Buyers should have a budget of about 7.
Transaction costs account for 5% of the sales price of the house. Gomes said.
This will include property taxes and all fees, including lawyer fees 0.
Between 5% and 1%, he said.
Portuguese banks have been offering increasingly competitive mortgages, with many foreign buyers applying for mortgages. Gomes said.
Many seconds, though.
Home buyers from the EU choose to cancel their mortgages in their own country.
Said Braun Hortz.
\"If European banks get a guarantee from your properties in the country, they tend to be happy to lend overseas properties,\" he said . \".
Websitessofficial Portuguese travel website: visitportugal.
Com officalialgarvetourism website: visitalgarve.
Portuguese news: Portuguese News.
Portuguese and Portuguese; euro (1 sirpt.