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Why Choose Portugal?

Notoriety

The PortugalRur was founded in the year 2000 as a real estate company, focused on a highly differentiated type of product from its competitors. This product concept is based in the promotion and brokerage of mainly rural Real Estate, like cottages, farmhouses, small farms, big farms, stone houses, mansions, manor houses, and hills of Alentejo. The headquarters of PortugalRur is strategically located in Beira Interior Sul region, to grant a geographically central position of the type of product where we focus our bet, plus a wide network of associates to ensure national coverage and a range of products with different specifications. Later, PortugalRur refined its range of products, strengthening its offering in high-end products. This means that our aim is to include an increased number of luxury properties in order to meet the needs of a customer segment with peculiar demands.

Technical File

Executive Management Francisco Grácio / Filomena Grácio

PortugalRur, Real Estate is a member of AIP – Portuguese Industrial Confederation with the register nº 12.339; Certified by the IAPMEI (Institute for Support to Small and Medium Enterprises and Innovation) in accordance with the Recommendation 2003/361/EC of May the 6th of 2003 (Certification SMEs), Associate member of the Professional Association for the Professionals and Real Estate Companies of Portugal with the number 1659. PortugalRur, Real Estate has received for the second consecutive year the award for "Outstanding Company". It has participated along with 35 other countries in the International Fair of Amsterdam, Netherlands called: "Second Home" being the only entirely Portuguese company present at the event. We also have been present several times in the Lisbon Real Estate Exhibition - SIL. For 10 consecutive years we take the lead in publicity at the “Casas de Portugal”, magazine devoted to promote real estate goods.

Management / Magazine Financial and Administrative Department Fátima Moreira Image and Marketing Department Tiago Grácio International Department Luisa Tappin Services and Contracts Sérgio Alves

(+351) 933 748 271

Legal Office Mário Delgado, Lawyer Natalia Ramos, Engineer Vitor Rosa, Lawyer Elizabeth Alves Lawyer (International Department)

Accounting and Management João Tavares, Accountant

4443-AMI | APEMI N.º 1659

The Company

Headquarters PortugalRur, Real Estate Rua Dr. Acúrcio Gil Castanheira, 14 (Parque Urbano) Apartado 17 6150-576 Proença-a-Nova. Portugal Phone: (+351) 274 670 020 Fax: (+351) 274 672 724 Mob: (+351) 939 218 717 / 939 218 718 / 968 706 813 Email: gerencia@portugalrur.pt

www.portugalrur.pt


Large Farms

Farm with country house Large farms

Farms and Mounts Mounts Mounts

Alentejo mounts Alentejo mounts

Manor Houses and Small Palaces Farm with country house

Small palace

Big rural house

2.200+e real estat portfolio

Manor house

1.30e0bsit+e daily w visits


Statistics 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0%

400.000 350.000 300.000 250.000 200.000 150.000 100.000 50.000 0 2007

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Source

Website real estate searches

4

Website search origin

easy steps

to buy your house

Sales Evolution

in PORTUGAL

Once you’ve found a suitable property the procedure is usually as follows:

A “Contrato Promessa de Compra e Venda” (Promissory Contract), will be drafted up whereby you promise to buy the property for a given sum and the vendor agrees to sell it. A 20% deposit is usually required at this stage. Documentation requiered:

From You: 1. Copy of the passport. 2. Identificação Fiscal (Tax payer Number) As a future home owner you will also be required to get one of these from the Local Tax Office.From the Vendor: 1. Caderneta Predial (Tax Registration Document) from the Finanças (Tax Office) which shows the tax situation of the property including the property inscription for fiscal purposes, the current owner, the property's fiscal number etc.. 2. Certidão de Teor (Land Registry Document)- This document shows who owns the property, who has rights to the property and if there are any charges, mortgages or incumbrances registered against the property. It basically provides you with the history and the general standing of the property. 3. Licença de Habitabilidade (Habitation License) for properties built after 1951 a habitation license is required. This document shows that the property has, at some time in the past, obtained a certificate deeming it fit for human habitation. The license is obtained at the local Council. 4. Ficha Técnica de Habitação (The Property's Technical Report) This document is required for properties built or altered after 1st January 2004. It contains the builder's details, materials used by the builder, who supplied them and other relevant technical information on the property and construction process. The builder should supply the report where necessary.

Escritura (Deed) After the Promissory Contract and if everything is in order you can proceed to the “Escritura” in the following weeks. This is done in a Notary’s Office. The Escritura is the legal document which shows ownership of the property. The Notary is a neutral government legal representative who is there to ensure that all the documentation is in order, all taxes have been paid and serve as a witness to the property during Escritura and ensures that every legal aspect is adhered to. Once the Notary is satisfied that every legal aspect of the transaction has been adhered to he will read out the clauses in the Escritura; if a translator is needed we should be able to help with this. The buyer, seller and the Notary will then sign the Escriura. Before the Escritura you are required to pay IMT (a type of Stamp Duty for the local authority). This Stamp Duty goes up in platforms in accordance with the value of the property and also if it’s a main or second residence. There is also a 0.8% Imposto de Selo ( Stamp Duty) cost of the value of the property at the Notary’s Office on Completion. If you’re borrowing from a Portuguese bank there is a further 0.6% Stamp Duty on the amount borrowed.

IMI A few days later your title to the property should be entered at the Land Registry. You’re also required to register the purchase at the “Finanças” within 60 days. If you’re a tax resident in Portugal you can apply for IMI (Council Tax) exemption; properties of up to €157.500 are eligible to 6 years Council Tax exemption; properties between the values of €157.500 – 236.250 are eligible for a 3 year Council Tax exemption. ANUAL COSTS This is similar to Council Tax and is based on the rateable value of your property not the real value. The rateable value for urban property is usually lower than the real market value and is based on a percentage scale ranging from 0.2% to 0.8% depending on the age of the property and Municipal Council Area your property's in, size, level of luxury and a few other factors.


PORTUGAL The Country General features

Portugal occupies 16% of the Iberian Peninsula and has a total area of 92,389 km2. The total population is around 10 million inhabitants. Portugal is also a member of the European Union and NATO, and integrates the Euro zone. The Portuguese language is now spoken by more than 200 million people worldwide, and therefore, the fifth more spoken language in whole world. The capital of Portugal is Lisbon and it was considered within the top 10 of the most beautiful cities in the world. Portugal in addition to its important contribution to world history, with the Portuguese Discoveries about 500 years ago, in the modern times, has also an outstanding list of successful events organization, like the 98 World Fair (Expo 98), the organization of the 2004 European Football Championship, “Rock in Rio” musical festival, and the America´s Cup World Series. Another remarkable cultural achievement was the promotion of our unique musical style, Lisbon song “Fado”, now considered Immaterial Heritage of the World by UNESCO, meaning it’s protected as “intangible cultural heritage of humanity”. Portugal is a country that breathes history and culture, but has, at the same time, the charm to offer true moments of relaxation provided by the beautiful bucolic country landscapes, outstanding sunshine all year around and appealing beaches.

The Heritage, Climate, Tourism and Gastronomy Portugal is a rich country through its vast historical and cultural heritage, including its castles, monasteries, convents, churches among many others. One is first taken by surprise by the remarkable traces of successive cultures: dolmens and cromlechs, Roman and Arab vestiges mingling with the most recent signs of Christianity, of which the numerous medieval castles that stand out in the vast plain are one good example. You can choose a vast range of monuments to visit such as Portugal’s historic villages, that are among the country’s best kept secrets; Border castles, like the castles of Alfaiates, Sortelha, Vilar Maior, Sabugal, Castelo Mendo, Castelo Bom, Castelo Rodrigo, Penamacor, Monsanto and Pinhel, to the fortress of Almeida. Most of them are classified as national monuments, going back to the 11th, 12th and 13th centuries and closely linked to the need to defend Portugal’s territory.


Gastronomy Portuguese food is known all around the world by its richness and variety. Tasty dishes carefully prepared with high quality ingredients, which are essential to the strong identity of the Mediterranean Diet. In the Portuguese gastronomy, we can highlight some typical dishes, like codfish dishes, “Migas” (cabbage with bread), “Cozido à Portuguesa” (Portuguese style stew), Goat dishes, “Maranhos” (sausages filled with rice and meat), “Bucho recheado”, cheese, ham, delicious traditional sausages, our famous olive oil, the huge variety of fresh fish and shellfish and other kinds of seafood. “Tigelada” (traditional dessert), “Filhós”, honey cake and high quality wines with an extraordinary flavour. From the North to the South of Portugal you can savour magnificent gastronomy as also delicious “gourmet” food. The climate Portugal as the western point of Europe, presents an unusual combination of qualities. Consequence of the geographical location within the globe, has an average of 220 days of sunshine per year. The climate in Portugal varies considerably from one region to another and it is influenced by the relief, latitude and proximity to the sea, which offers mild winters especially in the Algarve region. In Oporto, North area and Beiras region, particularly inland, nearer Spain, the winters are colder, although the temperatures are still mild when compared to the rest of Europe. There is snowfall during winter in some regions, especially in the

“Serra da Estrela”, where we find the mainland highest point (1,991 m) and where it is possible to practice ski in the winter season. The summers are hot and dry especially in the inland areas, therefore magnificent to enjoy the extensive coastline of 840km, with usually is the most popular feature in Portugal. Here you have a wide range of options that vary from mountainous topography with unique flora and fauna, through the plains of the Alentejo or if you prefer, an extensive coastline and quality standards of reference. The Lifestyle Portugal also has other advantages compared to other European countries, particularly when it comes to safety. According do the Global Peace Index, from a list of 121 countries analysed, Portugal is the 9thiest safest of this list. Portugal also holds one of the lowest costs of living compared to most of the European countries. It has a modern network of infrastructures, roads and transportation, as well as three major airports in the mainland; therefore it promotes easier mobility to wherever your destination is. It is also pertinent to mention that a considerable number of the population in Portugal have very good communication skills in English, Castilian and French, and that combined with a strong spirit of hospitability, promotes the integration of tourists from other parts of the world.


PR B

Consulting Business Company Secrecy is our Business

Exploring new business oportunities!

PRB is the most recent branch of PortugalRur Real Estate. In order to maintain a strong identity that comes under the logo of PortugalRur, PRB is introduced as the business and Real Estate investment partner, focusing the professional purposes and interests of our clients. PRB is specialized in the purchase and sale business (brokering), as well as the consulting service required to perform this particular type of operations. PRB provides high quality services, to meet high standard guidelines that play an essential role in this business sector. We ensure strategic cooperation, high competence and ethics to meet all expectations from our clients, as well a business model that follows the values of integrity, independence, fairness, loyalty and confidentiality, bound by the professional secrecy vital to this business type. We are sure that we can build a strong, confidential and lasting relationship. We are pleased to do business with you. Welcome to PRB, PRB, Secrecy is our Business

Business Center

PR B

(+351) 963 603 299

Consulting Business Company Avª. Engenheiro Duarte Pacheco Edifício do Amoreiras Center – Torre 2 1070-120 LISBOA . Portugal

Technical File Company Executive Management Francisco Grácio / Filomena Grácio General Director Lopes Graça, Eng. Business Director for Angola and Mozambique Maria Teresa Porto de Abreu Business Director for Europe Paulo Silva Business Director for Brazil Joshua Jr., Dr. Storti & Schmidt

PR B Secrecy is our Business


1.300

daily

+

webs visits ite

2.200+

real est ate por tfolio

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