Large Teaser
Mike Braunholtz
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Reference 247090

Renovated 3 bedroom Villa for sale in Caldas da Rainha, Central Portugal

220,000 EUR
189,200 GBP 237,600 USD
Villa completely refurbished in village centre near Caldas da Rainha

The villa has recently been completely refurbished, including plumbing, electrics and insulation, with high quality finishes and offers total privacy and excellent sun exposure.
Ground floor - comprises a fully equipped kitchen with access to the living room, the master bedroom with built-in wardrobe and a private bathroom.
The kitchen offers direct access to the spacious terrace with barbecue.

First floor - a space that can be used as an office or storage room and also as another bedroom and a bathroom with shower.

Close to cafes, supermarkets and all services.
15 minutes from Caldas da Rainha, 20 minutes from Vila de Obidos, close to the beaches of the Foz do arelho, S. Martinho do Porto and 1 hour from Lisbon.

Garden
Grill
Barbecue

Features

Reference247090
Price220,000 EUR
Number of Bedrooms
Bedrooms
3
Number of Bathrooms
Bathrooms
2
Floor Space in Metres Squared
Floor Space
0.0m2
Land Size in Metres Squared
Land Area

Location

Where is this property?

This Villa is located in Caldas da Rainha in Portugal

For security, the map shows the nearest town or village. Please get in touch for full details.

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Search for properties near Caldas da Rainha

Airports near Caldas da Rainha

Lisbon71km
Beja182km
Porto208km

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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.