Authentic 4 bedroom House for sale in Oeiras, Central Portugal
The property sits on a 734m2 plot. On the ground floor is a spacious entrance hall, living room with fireplace and direct access to the garden, large kitchen, with the possibility of being opened to the living room, guest bathroom, office and direct access to the garage.
A bedroom hall, suite with access to a balcony, two bedrooms with built-in wardrobes, and a full bathroom serving the two bedrooms, are on the first floor.
In the basement is a games room, bar area, living room with fireplace, full bathroom, fitted kitchen an...
The property sits on a 734m2 plot. On the ground floor is a spacious entrance hall, living room with fireplace and direct access to the garden, large kitchen, with the possibility of being opened to the living room, guest bathroom, office and direct access to the garage.
A bedroom hall, suite with access to a balcony, two bedrooms with built-in wardrobes, and a full bathroom serving the two bedrooms, are on the first floor.
In the basement is a games room, bar area, living room with fireplace, full bathroom, fitted kitchen and direct access to the garden.
Outside is the flat garden with extensive lawn areas, an outdoor dining area with barbecue, a garage (box) for 2 cars with storage space, a laundry room, workshop and organic vegetable garden.
The villa is in excellent condition and easy to update if desired. Windows and frames are recent, with double glazing and tilt-and-turn mechanisms. There are automatic gates and a video intercom system, double-glazed, tilt-and-turn windows and shutters throughout the house.
Nova Oeiras is a landmark modernist neighbourhood, designed in the 1960s as a garden city, with abundant green spaces, tree-lined avenues, and a serene residential atmosphere. All types of services and transport are nearby, including a tennis club within a 300-meter radius.
Close to international schools, parks, leisure areas, and beaches. Distances to points of interest: 2 km from the best beaches on the coast, 3 km from Saint Julian's School, 3 km from Nova Business School, 3 km from Oeiras Parque shopping centre with various shops, cinemas, banks, pharmacy, hypermarket, and restaurants, 3 km from Hospital da Luz,
7 km from Oeiras International School, 8 km from Oeiras Golf, 15 km from PARK International School, 14 km from the Spanish Institute, 16 km from the French Lycee, and 25 km from the airport.
Characterised by its mild climate, Oeiras is one of the most developed cities in the country, being in a privileged location just a few minutes from Lisbon and Cascais and with superb views over the river and the sea.
The restored and charming buildings coexist in perfect balance with the new constructions. The Sea front Promenade is a walking and leisure space par excellence, and it also gives access to the fantastic Lisbon-Cascais coastline beaches.
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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.