New Build 4 bedroom Villa for sale in Alcobaca, Central Portugal
The elegant brand new detached houses are found in a peaceful location just a short drive from the popular seaside town of Sao Martinho do Porto, on the glorious Silver Coast.
This exclusive development consists of just three beautiful properties, each comprising a bright open plan living area and four double bedrooms including a master bedroom with dressing area and en suite bathroom.
The well planned accommodation is arranged over 2 floors.
The ground floor has a large open plan living room with French d...
The elegant brand new detached houses are found in a peaceful location just a short drive from the popular seaside town of Sao Martinho do Porto, on the glorious Silver Coast.
This exclusive development consists of just three beautiful properties, each comprising a bright open plan living area and four double bedrooms including a master bedroom with dressing area and en suite bathroom.
The well planned accommodation is arranged over 2 floors.
The ground floor has a large open plan living room with French doors to outside, plenty of space for a dining table and room to relax in front of the TV.
A fully fitted kitchen area, complete with appliances, has a door through to a separate utility room.
There is also a double bedroom and a shower room on the ground floor.
Stairs lead up to a landing with doors to two further double bedrooms, with fitted wardrobes and French doors to the balcony.
The master suite comprises a dual aspect bedroom, with French doors, a dressing area with plenty of wardrobe space and a shower room.
On the first floor there is also a family bathroom complete with bath tub.
Outside, private gardens surround each villa and feature paved patio areas which surround the private swimming pool.
Electric and pedestrian gates lead to the driveway and on to the car port with room for 2 cars.
The villas are built to a very high standard with excellent insulation, double glazing and pre installation for air conditioning/heating units.
The sought after location of these villas is close to amenities including the renowned Atelier do Doce bakery and cafe.
The nearest beach is just a 10 minute drive and the towns of Caldas da Rainha and Alcobaca are both about 15 minutes away.
Lisbon and the airport are less than 1 hour.
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This Villa is located in Alcobaca 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.