Immaculate 2 bedroom Apartment for sale with sea view in Sao Martinho do Porto, Central Portugal
overlooking Sao Martinho Bay.
This new residential development in Sao Martinho do Porto, offers one, two and three-bedroom modern apartments (T1, T2 and T3) designed for comfort, functionality and quality living. All apartments feature generous interior spaces, large balconies and high-quality finishes throughout.
The development includes two lifts, a communal swimming pool and a private garage equipped with individual charging points for electric vehicles, combining convenience with modern living. Excellent sun exposure ensures bright and we...
overlooking Sao Martinho Bay.
This new residential development in Sao Martinho do Porto, offers one, two and three-bedroom modern apartments (T1, T2 and T3) designed for comfort, functionality and quality living. All apartments feature generous interior spaces, large balconies and high-quality finishes throughout.
The development includes two lifts, a communal swimming pool and a private garage equipped with individual charging points for electric vehicles, combining convenience with modern living. Excellent sun exposure ensures bright and welcoming interiors all year round.
Ideally located just a 3 minute walk from the town centre, residents will enjoy easy access to supermarkets, pharmacies, restaurants and all essential amenities. The stunning Praia da Gralha is only a 15-minute walk away, while the famous Sao Martinho do Porto Bay can be reached in just 9 minutes on foot. Lisbon Airport is approximately one hour away.
This two bedroom ground floor apartment (Unit E) offers a spacious open-plan living area with access to a private balcony, perfect for relaxing or entertaining. The property also benefits from two private parking spaces.
Whether you are looking for a permanent residence, holiday home or investment opportunity, this apartment offers the perfect balance of comfort, location and lifestyle.
This is a fully turnkey project, including a heat pump and kitchen appliances - all that is left to do is choose your furniture and move in.
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Where is this property?
This Apartment is located in Sao Martinho do Porto 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.