Exclusive 4 bedroom Villa for sale with sea view and lake or river view views in Canidelo, Porto, Northern Portugal

3,500,000 EUR 3,010,000 GBP 3,780,000 USD

Reference: 243597

Bedrooms: 4
Floor Size: 504 m2
Plot Size: 761 m2

Features

Terrace
Garden
Lake or River Included
No Pool
Sea View
Lake or River View
Parking
Front Line
Walk to Beach
Walk to Amenities
Contemporary Style
Good Condition
New Build or Off Plan

Details

Luxurious 4 bedroom villa located in a privileged area in Vila Nova de Gaia.

A perfect combination between the natural environment and convenience, this project includes a luxury villa with 4 fronts, located in the centre of the condominium, the views extend to the green space of the common garden of the development. Designed for those who privilege living in the tranquility and safety of a private condominium, with a wide range of projects that allow you to choose the solution that best fits your lifestyle.

This private condominium guarantees permanent security, namely through access control and management, and total privacy for all residents, which naturally makes it exclusive.

Overlooking the mouth of the Douro River and the Atlantic Ocean, with green areas, where the highest standards of quality and environmental sustainability are ensured, this residential condominium offers accommodation units of type V4 and V4+1.

Quiet location, 2 minutes from the beach and the promenade of Vila Nova de Gaia, as well as the Gaia Pier and Marina da Afurada. With quick access to Porto, through the Arr and abida Bridge and the Northern Highway (Porto/Lisbon).

CHARACTERISTICS:
Plot Area: 761m2 | 8,191 sq ft
Building Area: 504m2 | 5,425 sq ft
Bedrooms: 4
Energy efficiency: B

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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.