Inviting 3 bedroom Apartment for sale with panoramic view in Setubal, Alentejo Southern Portugal
Located in one of Setubal's most sought-after areas, at the junction of the parishes of Sao Juliao, Nossa Senhora da Anunciada and Santa Maria da Graca, this magnificent new three-bedroom penthouse offers a rare combination of contemporary architecture, absolute comfort and a privileged setting providing space, privacy and an exceptional quality of life.
With 154 m2 of private living space and an impressive 230 m2 of outdoor areas, this property stands out for its spacious terraces and balconies, perfect for enjoying breakfasts in the morning to unfo...
Located in one of Setubal's most sought-after areas, at the junction of the parishes of Sao Juliao, Nossa Senhora da Anunciada and Santa Maria da Graca, this magnificent new three-bedroom penthouse offers a rare combination of contemporary architecture, absolute comfort and a privileged setting providing space, privacy and an exceptional quality of life.
With 154 m2 of private living space and an impressive 230 m2 of outdoor areas, this property stands out for its spacious terraces and balconies, perfect for enjoying breakfasts in the morning to unforgettable late afternoons overlooking the city.
The abundance of natural light, provided by the excellent east-west orientation, enhances every room and creates a welcoming and sophisticated atmosphere throughout the day.
The high-quality finishes and modern design reflect a meticulous attention to detail, designed to provide elegance, functionality and well-being.
The living area has been designed to bring family and friends together in complete comfort, complemented by a fully equipped kitchen featuring Smeg appliances, where design and performance coexist in perfect harmony.
The private area comprises three spacious bedrooms, including a comfortable en-suite, and three contemporary bathrooms, offering a living experience that meets the highest standards.
For added convenience, the property also features two private parking spaces and holds an A energy rating, ensuring efficiency, sustainability and thermal comfort all year round.
The location is another of its great assets: Just a few minutes from the historic centre, the Livramento Market, Setubal Marina and the stunning beaches of the Serra da Arrabida, it is surrounded by a wide range of shops, services, schools, healthcare facilities, green spaces and sports facilities.
Excellent access to the A2 and A12 motorways provides a quick link to Lisbon and Humberto Delgado Airport.
Living in this penthouse means enjoying the privilege of being at the heart of everything, without compromising on tranquillity, privacy and refinement.
A rare property, designed for those seeking a residence of the highest calibre or a sound investment in one of the region's most sought-after cities.
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This Apartment is located in Setubal 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.