Modern 4 bedroom House for sale in Oeiras, Central Portugal
The villa has a 235m2 private gross area and is inserted in a 281m2 lot.
The lower ground floor comprises of an office/bedroom (27m2) with a French window and access to the outdoor patio, storage area (8m2) with access to a laundry area (6m2) and to an outdoor space that can be converted into a bathroom to support the bedroom, maintaining the laundry area.
An entrance hall (7m2), bathroom (2.4m2), kitchen with peninsula (17.28m2) fully equipped with BOSCH household appliances, a...
The villa has a 235m2 private gross area and is inserted in a 281m2 lot.
The lower ground floor comprises of an office/bedroom (27m2) with a French window and access to the outdoor patio, storage area (8m2) with access to a laundry area (6m2) and to an outdoor space that can be converted into a bathroom to support the bedroom, maintaining the laundry area.
An entrance hall (7m2), bathroom (2.4m2), kitchen with peninsula (17.28m2) fully equipped with BOSCH household appliances, and a living and dining room (52.26m2) with fireplace and access to the garden and swimming pool, are on the ground floor.
On the first floor is a hall that distributes the bedrooms, one with an embedded wardrobe (15.46m2) and access to a balcony (3.57m2), another with an embedded wardrobe (16.40m2) and access to communal balcony (8.75m2) with a master suite, a bathroom to support the bedrooms (5m2) with window and an en suite (24.7m2) with a walk-in wardrobe and access to a balcony (8.75m2), supported by a bathroom (5m2) with window.
The villa is equipped with air conditioning, solar panels, garden with automatic irrigation, heated swimming pool with salt and copper treatment, as well as an automated cover for protection.
It presents excellent quality finishes and differentiators particularly in the floor, bathrooms and kitchen, has lots of natural light, is set in a quiet area with plenty of privacy and only a few minutes walk from the beach and the Oeiras train station.
Characterised by its mild climate, Oeiras is one of the most developed municipalities in the country, being in a privileged location just a few minutes from Lisbon and Cascais and with superb views over the river and sea. The restored buildings full of charm cohabit in perfect balance with the new constructions. The sea front promenade accesses the fantastic beaches along the line.
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This House is located in Oeiras 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.