Unique 3 bedroom Apartment for sale with lake or river view in Porto, Northern Portugal
Set in a completely renovated 18th century mansion in the private Val D'Ouro Palace condominium, this exquisite property brings together history, comfort and technical excellence in one place.
The interior design favours generous ceiling heights in the French ceilings style, which allow natural light to flood in and create an atmosphere of rare immersion. The social areas appear in a fluid concept, with multi-layered wooden flooring running throughout the spaces and establishing a p...
Set in a completely renovated 18th century mansion in the private Val D'Ouro Palace condominium, this exquisite property brings together history, comfort and technical excellence in one place.
The interior design favours generous ceiling heights in the French ceilings style, which allow natural light to flood in and create an atmosphere of rare immersion. The social areas appear in a fluid concept, with multi-layered wooden flooring running throughout the spaces and establishing a practical and sophisticated connection between the living room, kitchen and dining area.
The three suites guarantee privacy and functionality, while the bathrooms, clad in marble, confirm the apartment's refinement. The kitchen is equipped with top-of-the-range appliances, combining performance and aesthetics.
The double-glazed window frames and the HVAC system with heat pump ensure thermal comfort and acoustic insulation.
The highlight of this apartment is the private balcony, a natural extension of the house where mornings and late afternoons take on a new meaning in a charming urban setting.
The private condominium offers a 1,300 m2 garden that acts as the green lung of the complex, with areas for contemplation and meditation. Wellness facilities include a heated outdoor swimming pool, fitness room, infrared sauna and cold plunge pool. The apartments have private parking, ensuring convenience and security in everyday life.
The location is a strategic asset of Val D'Ouro Palace: in the centre of Porto, just a few minutes from Foz do Douro, Ribeira and the city and its best gastronomic, cultural and commercial offerings.
To live in this property is to live in a home that combines the architectural nobility of the Heritage Palace with the demands of contemporary luxury, a proposal designed for those looking for exclusivity, quality construction and a privileged relationship with the city and the river.
FEATURES:
• River views;
• A balcony of 18.14 m2.
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This Apartment is located in 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.