Immaculate 3 bedroom Villa for sale in Obidos, Central Portugal
With contemporary architecture, elegant design, high-quality materials and large windows to allow natural light to enter. The open-space kitchen, equipped with state-of-the-art appliances, combines practicality and sophistication and is part of the living and dining area.
The villa consists of 3 bedrooms, one of which is en suite, plus an office that can eventually be used as another bedroom. The bedrooms are spacious and well distributed, providing privacy and tranquility with refined finishes.
Outdoors is a garden and a large terrace with a swimmin...
With contemporary architecture, elegant design, high-quality materials and large windows to allow natural light to enter. The open-space kitchen, equipped with state-of-the-art appliances, combines practicality and sophistication and is part of the living and dining area.
The villa consists of 3 bedrooms, one of which is en suite, plus an office that can eventually be used as another bedroom. The bedrooms are spacious and well distributed, providing privacy and tranquility with refined finishes.
Outdoors is a garden and a large terrace with a swimming pool
(8m x 4m) and barbecue.
There is a garage for 2 vehicles, bathroom, leisure area/games room and laundry/pantry, ensuring even more convenience.
At this stage of construction, the future owner may choose some finishes.
Main features: Central heating by heat pump and solar panels, electric shutters, aluminium frames with double glazing, swimming pool as per design, with liner and video intercom.
The house is located in a quiet residential area and close to all amenities including schools, medical centre and restaurants.
Obidos, which is only 5 minutes away, has several services (pharmacy, cafes/pastry shops, restaurants, bank, supermarket, municipal swimming pool, public transport, etc. ) and a magical castle where various events take place such as the Medieval Market, International Chocolate Festival, Christmas Village, Obidos International Piano Week, among others.
The spa town of Caldas da Rainha is only 5 minutes away by car and the Foz Lagoon, the beach and the golf courses are 10 minutes away.
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This Villa is located in Obidos 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.