Project Villa for sale with countryside and panoramic views in Alcobaca, Central Portugal
This spacious property is full of potential.
If you are looking for a property with space, privacy and the potential to customise to your style, this villa in Murteira (parish of Cela, Alcobaca) offers a rare opportunity.
Inserted in an urban plot of about 500 m2 and accompanied by a rustic plot of more than 40,000 m2, this house is yet to be finished, offering you the possibility of creating a unique and tailor-made project.
It is a large villa, with basement, ground floor, first floor and attic. It nee...
This spacious property is full of potential.
If you are looking for a property with space, privacy and the potential to customise to your style, this villa in Murteira (parish of Cela, Alcobaca) offers a rare opportunity.
Inserted in an urban plot of about 500 m2 and accompanied by a rustic plot of more than 40,000 m2, this house is yet to be finished, offering you the possibility of creating a unique and tailor-made project.
It is a large villa, with basement, ground floor, first floor and attic. It needs restoration and interior finishes and is ideal for those who want to renovate or transform a solid structure with great potential.
The basement is ideal for a garage, storage or studio.
The ground floor has 3 rooms plus a kitchen, WC and patio.
Four rooms plus a kitchen and 2 bathrooms are on the first floor.
The attic has good headroom, and is great for storage or conversion.
Total construction area: 564 m2 (private: 364 m2 + dependent: 200 m2)
Urban land: 499 m2. Attached rustic land: 40,160 m2, ideal for agriculture, orchard or other projects.
Located in the quiet area of Murteira, parish of Cela about 15 minutes from Alcobaca and with good access to the main roads.E
Excellent opportunity for families, investors, or to develop a tourism or agricultural project With sufficient land for cultivation, animal husbandry or installation of additional structures.
This is the ideal property for those who want space and freedom, and have the vision to recover and transform a villa with a solid structure and privileged location.
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Where is this property?
This Villa is located in Alcobaca in Portugal
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Buying a Property in Portugal
1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.
2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.
3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.