Home South Of Lisbon On Portugal's Coast $1,852,000 (1,7 Million Euros)
This one story yellow house of stone, brick and wood with a tiled roof was built on about 2.4 acres in 1968, but was inspired by 18 th-century portuguese architecture. In the small Atlantic coastal city of Setubal than an hour drive south of lisbion the 3,444 squre foot home, with four bedroom and three bathrooms, has several rooms with vaulted ceilings, and both interiors and exteriors have been emebellished with vibrant antique handmade tiles
There is a small bedroom wing with kitchen and dining room. Master bedroom and two other bedrooms are found on the opposite wing of the house. The master bedroom has an en-suite bathroom with a bathtub under a vaulted ceiling with antique blue and white tile. Two other bedrooms have ceiling in a style called "saia e blusa," or skirt and blouse, which means multilayer boards that have been whitewashed. Bathroom serves two bedrooms have vaulted ceilings and really tiles on the walls, ceilings and floors with antique tiles.
The living room and the office has French doors that open to a large rear patio, with two awnings and glass panels that surround the outdoor living area and an outdoor dining area. Blue-white tile exterior wall ornament yellow house with illustrations of vases and other designs. The house has very thick walls traditionally, keep cool, and two fireplaces, with additional oil or gas heaters if needed, said Mr. Cleto. The grounds are landscaped with trees, including pine, poplar, olive, orange, lemon and loquat, he said. Parking on the circular road.
The house in Azeitão, a parish of about 19,000 residents in Setúbal, a city with about 120,000 people. Setubal is on the Atlantic seaboard which include Parque Natural da Arrábida and Reserva Natural do Estuário do Sado, so much land is protected from development. Two popular beach park, Portinho da Arrábida and Figueirinha, about 15 minutes drive; Also in the park is the Convento de Nossa Senhora de Arrábida, a former convent. The journey to the international airport of Lisbon is about 40 to 45 minutes.
MARKET OVERVIEW
Lisbon metropolitan area, with more than 2.8 million inhabitants, suffered after the global financial crisis of 2008, with house prices falling by 20 percent to 25 percent, said the agency. But some of the actions taken by the government in 2009 - including part of the new tax program that is attractive to part-time - has helped the housing market in the area of Lisbon, which includes Setubal, to recover fully.
"Over the last three years, we have had great demand, especially from abroad," Rafael Ascenso, owner of Porta da Frente / Christie, "because our prices remain very low compared with cities in Europe that are identical. The house we are a third or a quarter of the price per square meter of European cities. "
Programme new tax for the citizens part-time "allows people who live in countries that have a tax rate higher to move their residence here, because they will pay less tax here than they pay in their own country, "Mr. Ascenso said.
In addition, Gold Visa government programs have helped the housing market rebound, said agents. Offers residence permits to migrants from the EU to buy property worth more than 500,000 euro or the cost of more than € 350,000 over the age of 30 years or in the area of urban renovation. While Visa Gold program has attracted buyers China and the Middle East to the south of Portugal, Lisbon area, including reviving the historic area downtown and Cascais in Estoril Coast, has seen some of Brazil using the program, said Mr. Ascenso.
"Renewal of Lisbon's old town attracts many people to buy here, and now we are seeing a lot of development 'off-plan,' 'which means a house that sells pre-construction, he said. "Currently, the market is very dynamic."
Azeitão, where this house is in Setubal, less than an hour south of Lisbon near the Parque Natural de Arrábida, beautiful coastal areas saw little new development. "This is more than a vacation, and it's still more or less the same as it was 50 years ago or centuries ago," said Mr. Ascenso.
Single-family homes in an attractive location in this region typically cost between 1 million and 2.5 million euros, or about $ 1.09 million to $ 2.73 million, he said.
WHO BUY THE WHOLE LISBON
Brazil, France, Britain and Sweden have bought in Lisbon, Cascais and along the Estoril Coast, the agent said.
Only in the last three years has the French and British buyers find the area around Setúbal, where this house, and nearby localities like Comporta and Tróia Peninsula. "A lot of famous French people, and also the British people, go there to spend their holidays," said Mr. Ascenso.
BASIC PURCHASE
No restrictions on foreign home buyers in Portugal. Typically, home buyers should budget about 7 percent to the cost of the transaction, including stamp duty, registration and notary fees, transfer taxes and attorney's fees, said Filipe Rocheta, consultant for Prestige Property Group in Portugal.
While home sales transactions in Portugal is very simple, a lawyer may be used, typically charge a fee of at least 1 percent, said Mr. Rocheta.
Portuguese banks have been increasingly offering competitive mortgages for non-residents, said agency. Mr Rocheta said that, depending on the buyer, banks typically lend about 60 percent of the property value.
Portugal house hunting in the area at a low price
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