Mike Braunholtz
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Reference 247894

Stunning 4 bedroom House for sale with sea view in Obidos, Central Portugal

1,225,000 EUR
1,053,500 GBP 1,323,000 USD
Ideally located in the prestigious resort of Praia del Rey | Obidos, overlooking the golf course, is this stunning 4 bedroom villa with pool and garden.

Designed by the architect Salazar Monteiro, this villa offers a functional floor plan and a perfect integration between interior and exterior spaces.

The 212m2 is composed of a spacious entrance hall decorated with Portuguese tiles, a large dimensioned living room with access to the porch and with views to the garden and swimming pool, a dining room, and fully equipped modern kitchen.

There is a master suite, a bedroom and a bathroom in the left wing, overlooking the swimming pool, and an en suite, a bedroom and a support bathroom in the right wing, with access to the gardens.

This superb property offers a big heated swimming pool, landscaped gardens and a spacious terrace with panoramic views of the golf course and the sea.

Equipped with central heating, double glazed window frames and internet system and fibre optic TV. The car is accessed by an electrical gate with remote control.

The kitchen is equipped with Bosch household appliances and the property also has solar panels for water heating.

The privileged location allows easy accesses to the beach and two renowned golf courses. Just 15 minutes away from the Medieval Village of Obidos and 5 minutes away from the famous beaches of Peniche and Baleal, this property offers a unique opportunity to enjoy the attractions of the West region, less than an hour from Lisbon.

Features

Reference247894
Price1,225,000 EUR
Number of Bedrooms
Bedrooms
4
Number of Bathrooms
Bathrooms
2
Floor Space in Metres Squared
Floor Space
212.4m2
Land Size in Metres Squared
Land Area
1,129.0m2

Location

Where is this property?

This House is located in Obidos in Portugal

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Airports near Obidos

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Porto213km

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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.