Modern 3 bedroom Villa for sale in Malveira da Serra, Central Portugal
1,680,000 EUR
1,394,400 GBP1,764,000 USD
Bright and spacious 3 bedroom villa in the exclusive residential area of Guincho with panoramic sea views offering a unique living experience between the sea and the mountains.
Ground Floor - Spacious social area with a living room featuring a fireplace and a dining area, integrated into a space that extends to a terrace with stunning sea views. - Fully equipped kitchen directly connected to the dining area. - Laundry area with access to a cosy terrace. - Guest wc and one full private bathroom with a shower.
First Floor - Master suite with a private room and access to a terrace with front-facing sea views - the entire suite enjoys this privileged view.
Bright and spacious 3 bedroom villa in the exclusive residential area of Guincho with panoramicsea views offering a unique living experience between the sea and the mountains.
Ground Floor - Spacious social area with a living room featuring a fireplace and a dining area, integrated into a space that extends to a terrace with stunning sea views. - Fully equipped kitchen directly connected to the dining area. - Laundry area with access to a cosy terrace. - Guest wc and one full privatebathroom with a shower.
First Floor - Master suite with a private room and access to a terrace with front-facing sea views - the entire suite enjoys this privileged view. - Closet and a spacious bathroom with mountain views. - Generously sized bedroom with magnificent mountain views. - Large bathroom supporting the bedroom.
Basement (Level -1) - Large bedroom with wardrobes. - Entrance hall. - Garage with capacity for 4 cars. - Spacious storage area and wine cellar.
Features of the Property: Private gross area: 215m2 Gross dependent area: 144.80m2 Floors: 3 Bedrooms: 1 suite + 2 bedrooms Bathrooms: 4 Heating: Natural gas central heating Master suite: Air conditioning and radiant floor heating Heated towel rails, new Interform double-glazed windows Electric blinds and awnings Finishes: Mahogany wood flooring Condition: Excellent, with regular maintenance Amenities: 24/7 security Communal swimming pool Tennis court Poolside restaurant The furniture is included in the sale price.
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.