Luxury 4 bedroom Villa for sale in Aroeira, Alentejo Southern Portugal

1,990,000 EUR 1,731,300 GBP 2,089,500 USD

Reference: 245329

Bedrooms: 4
Bathrooms: 4
Floor Size: 339 m2
Plot Size: 1,709 m2
Swimming Pool
Balcony
On or Near Golf Course
Air Conditioning
Garage(s)
Parking space(s)
Tennis Court

Details

Luxurious 3 storey, 4 bedroom villa nestling in nearly half an acre of beautiful landscaped gardens with pool, while enjoying uninterrupted views to the Golf of Herdade da Aroeira from its location near the beach and all amenities.

On the ground floor is an entrance hall of 27m2, bathroom 5m2, living and dining room 62m2 with direct access to the garden, fitted kitchen 26m2 with direct access to the garden, pantry 7m2, bedroom 12m2 and en suite bedroom of 17m2.

An en suite of 23m2 with a 13m2 walk in wardrobe and access to a balcony, and an en suite of 32m2 with an 8m2 walk in wardrobe and access to a balcony, are on the first floor.

On the lower ground floor is a garage 70m2, a living and dining room 56.2m2, storage area 15m2, bathroom 5m2, and wine cellar 6.2m2.

The property is equipped with air conditioning in all the rooms, water heater, video surveillance, electrical gates, solar panels, electrical blinds and a central vacuum unit.

This superb property is located in Herdade da Aroeira, 30 minutes away from the airport of Lisbon and 2 minutes away from the beach of Fonte da Telha.

The condominium (with 24 hour security), comprises of a golf course with 36 holes, swimming pool, tennis courts, hotel, a shopping area with restaurants, cafes, supermarket, pharmacy and also local businesses and services.

Show Map

Portugal Property Buying Guide

Guide to the Portugese Buying Process

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.