Spacious 4 bedroom Villa for sale with panoramic view in Cadaval, Central Portugal

385,000 EUR 331,100 GBP 415,800 USD

Reference: 242981

Bedrooms: 4
Bathrooms: 3
Plot Size: 500 m2

Features

Air Conditioning
Panoramic View
Garage
Good Condition

Details

Well presented 4 bedroom single storey villa with garden, located near all amenities in Cadaval.

This lovely property is very spacious with large, bright rooms looking out over the walled garden. The front door opens into the wide hallway with doors off to all rooms.

There are 4 double bedrooms, all with fitted wardrobes, and an additional room that could be used as a fifth bedroom, office or dining room. The master bedroom features an en suite bathroom and off the hallway there are 2 further bathrooms, one with a bath and the other with a shower. There is also a separate WC.

The large living room has French doors to the garden and sliding doors through to the kitchen. The kitchen has been cleared and is ready for the new owners to install a new kitchen of their choice and features a walk-in pantry.

The whole house has been recently decorated inside and out and is a 'blank canvas' ready for the new owners.

Outside the recently cobbled driveway leads to the garage with electric up and over door and pedestrian side door. The garden surrounds the house and is currently level grass with space for a swimming pool.

Extras include double glazing, central heating, central vacuum and pre installation for air conditioning.

The property is ideal as a family home, with good schools, shops, cafes and restaurants all within easy walking distance.

Approximately 30 minutes drive from some of the best beaches on the Silver Coast and Lisbon airport is just 45 minutes away.

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Portugal Property Buying Guide

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.