More ruins to admire |
Post Reply | Page 123 11> |
Author | |
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(0)
Posted: 08/January/2024 at 11:08 |
I think beyond repair now, only the four walls are standing and barely so. Add to that the vacant garage next door once used by Europcar and the site is around 6,500 square metres or theee quarters the size of a football pitch. Prime site in the middle of town. A puzzle as to why no-one has bought it up for a hotel.
|
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
Sponsored Links | |
Richardk
Senior Member Joined: 29/July/2008 Status: Offline Points: 754 |
Post Options
Thanks(0)
|
You would think with the rising value of property it should be economic now to repair unless of course the sale price rises accordingly
|
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(0)
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(1)
|
Good question. If it's fenced or walled off, marked 'privado' or obviously cultivated or inhabited, you shouldn't walk there. There are very few marked footpaths as such. Otherwise, as I do, an obvious track may be walked on. I have never been challenged by anyone saying 'git orf my land'.
|
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
Citroen
Newbie Joined: 22/March/2021 Status: Offline Points: 37 |
Post Options
Thanks(0)
|
How do you find out where you're entitled to walk and where not?
|
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(1)
|
I was out walking yesterday in the wild countryside of Patroves when I stumbled upon this half built. Someone must have had money to burn to have built all this and then left it. This is the vew they would have had, with Armação de Pêra in the distance. This is it on Google Maps satellte - the square C shape in the centre |
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(1)
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(1)
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
Teresa
Regular Joined: 06/March/2019 Location: Canada Status: Offline Points: 124 |
Post Options
Thanks(0)
|
Yep, that's my worry! I enjoy my trips there too much to have them ruined! lol Luckily, the carrying costs are fairly low but still... I'll be happy when I'm done with them. ;)
|
|
AJSUGGY
Regular Joined: 11/April/2020 Status: Offline Points: 226 |
Post Options
Thanks(1)
|
If you just walked away from it I am sure you wouldn't be able to visit in the future. Years ago you could have probably got away with it, but not now with todays technology that follow everyone around, you would probably get pulled on immigration check. Best of luck though.
|
|
Teresa
Regular Joined: 06/March/2019 Location: Canada Status: Offline Points: 124 |
Post Options
Thanks(0)
|
It's approx. 2.5 hours northeast of Lisbon. It's still a ways northeast past Coimbra but that's the closest large city that I know.
I really don't think there is anyone who would be interested. There is a building that must be demolished, so a 'cost' to begin with... then there are a couple of very small plots of land that are in the middle of forests (but trees were burned in the large fire a few years ago), as the property is quite small, selling for the value of trees/wood would be little value (and, again, a very specific buyer) and, what trees were there, are now gone anyway. This land also incurs a cost as we need to 'maintain/clean' the land (not sure what that means exactly but it's just another cost to us). Also, the town is very small... I think less than 1,000 people?? So few amenities... one very small grocery store, one pub/restaurant, etc. I'd like to get rid of it in bulk... it doesn't help me to sell/give away one property without the others. :( We've tried finding locals who might be interested in it for free but no takers. But, having said all this... do you have any idea where/how I could find a person interested in taking it all? I think the extra plots of land are a 'negative' but, as you said, perhaps there is someone out there.
|
|
Algarveaddick
Top Contributors Joined: 27/December/2008 Location: Portugal Status: Offline Points: 5048 |
Post Options
Thanks(0)
|
If you are prepared to "give it away" I am positive you will find someone to take it off your hands Teresa - there's always a person who wants a remote getaway. Where exactly is it?
|
|
Go away Duchatalet
|
|
Teresa
Regular Joined: 06/March/2019 Location: Canada Status: Offline Points: 124 |
Post Options
Thanks(0)
|
Thanks. All the explanations above do make sense now of all the properties I've seen around Portugal that are abandoned.
I have a small inherited property in a small farming town inland that I've been trying to offload. I can't sell it as there really is no market for it so we're trying to somehow surrender the property but covid closures have delayed any resolution. I'd really like to complete it as I'm not familiar with laws and speak little Portuguese, so would just like it 'done'. We are still paying property taxes; as I'm an heir on the property, I'm concerned that completely abandoning it will come back to haunt me somehow (ie I show up at customs and am told I have an outstanding tax bill to pay before entering country! IDK if that can happen but would be a really lousy way to start a vacation! lol)
|
|
cubsur
Moderator Group Joined: 26/January/2006 Status: Offline Points: 26450 |
Post Options
Thanks(1)
|
More or less correct in my understanding. Any unpaid bills associated with the property you buy have to be paid before the transction can be completed. It's true that the owners of many of the older abandoned properties have simply walked away from them, perhaps in the hope that a buyer will come along and relieve them of the debt. And the inheritance laws are a mess as has been described. The green tiled building was a prime excample of that for many, many, years but is now being rebuilt and restored at last.
|
|
Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
|
AJSUGGY
Regular Joined: 11/April/2020 Status: Offline Points: 226 |
Post Options
Thanks(1)
|
Many years ago, I was told by a Portuguese businessman I was working for in Porto, when I asked about all these rundown properties he informed me that another reason is that if the owner dies and their are no beneficiaries, and has left a large debt, the buyer has to settle the debt on purchase of the property. Which is probably the reason the Apartment's above the shops bought in Avenida da Liberdade have never been bought and finished as the debt is to great to make a profit from the sale of them. Whether this is correct I don't know.
|
|
Post Reply | Page 123 11> |
Tweet
|
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You can vote in polls in this forum |