Historic Traditional Farmhouse on Santa Maria Island

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Portugal, Sao Pedro do Sul
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378 m²
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ID PT45561

€355,000+

378 m²
Property sold
This property is sold, but we will help you find another one
Elena KozyrevaExpert on real estate and residency after d visas by investment in Portugal
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Portugal D7 Visa

6+ monthsNot limited

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

Learn more

Cost

Property cost

€355,000+

Purchase taxes

IMT - 8%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 3 km
Infrastructure 4 km
Airport 6 km

Yield and management

Yield

3-5%

Property management

By agreement

We will help you sell the object if you decide to exit the investment

Description

For sale is a traditional farmhouse built in the early 20th century, located in the parish of San Pedro. This is one of the oldest and once richest houses on the island of Santa Maria, which is an integral part of the cultural heritage of the Azores, as well as one of the most emblematic and mentioned objects of the island. The house is located on top of a hill, surrounded by pastures and forests. The territory occupies a huge area of 53,779 sq.m. and, due to the peculiarity of the location, form a kind of "island" within the island. Today, the mansion is in a state of ruins.
 

Real estate

Object type

House

Object category

Renovation

Object stage

Construction

Permits

Yes

Design features

Ownership

Characteristics

Total area

378 m²

Plot area

53,779 m²

Parking

No

View

Mountain, Forest, Ocean, Plot

Properties

Garden on the plot

Location