Unique 3 bedroom Villa for sale in Matosinhos, Porto, Northern Portugal
This mansion featuring stately architecture and historic design, was originally conceived as a V8 and built in 1937. A unique property where classic character and period details coexist in perfect harmony with modern comfort and functionality.
The entrance leads into an elegant foyer, the central hub of the home that provides access to the various rooms and floors of the house. The main floor was designed to prioritize social and family life, featuring a spacious living and dining room of approximately 65 m2, organised into three distinct areas conn...
This mansion featuring stately architecture and historic design, was originally conceived as a V8 and built in 1937. A unique property where classic character and period details coexist in perfect harmony with modern comfort and functionality.
The entrance leads into an elegant foyer, the central hub of the home that provides access to the various rooms and floors of the house. The main floor was designed to prioritize social and family life, featuring a spacious living and dining room of approximately 65 m2, organised into three distinct areas connected by elegant, ornate arches that create continuity and fluidity between the spaces.
The ornate plaster ceilings, high ceilings, and a Carrara marble-clad wood-burning stove reinforce the grandeur and sophistication of this area. This floor also features a fully equipped kitchen with premium finishes and high-quality materials, including a Dekton countertop.
Adjacent to the kitchen, the sun room has been transformed into a cosy reading and leisure space, with direct access to the garden and the pool. This floor is complemented by an elegant office and library, ideal for work, reading, or as a support area, as well as a full bathroom and a storage room with floor-to-ceiling built-in cabinets.
The upper floor houses the home's private area, consisting of a spacious master suite with a walk-in wardrobe, a second suite that is equally comfortable and bright, and a third bedroom with a generously sized full bathroom.
The home also features several strategically placed skylights, allowing an abundance of natural light to enter and providing exceptional brightness in different areas of the house, making the spaces even more welcoming and distinctive.
The lower level features a closed garage for two cars, a large laundry room, a wine cellar, two multifunctional rooms, and a spacious living room with direct access to the outdoors and the garden.
Outside, the property offers an exclusive and secluded setting, featuring a landscaped garden, several seating areas and a terrace, a guest bathroom, and an elegant granite-clad saltwater pool with the option for heating.
Located in Matosinhos Sul, in one of the region's most exclusive and sought-after areas, just 500 metres from the sea, this is a rare property for those seeking distinction, history, and quality of life.
FEATURES:
• Exterior thermal cladding with rock wool insulation;
• Thermal-break window frames;
• Central heating;
• Pre-wiring for solar panels.
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This Villa 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.