Spacious 4 bedroom Villa for sale in Ramalde, Porto, Northern Portugal
This 271m2 luxury villa benefits from a spacious interior and exterior areas, with a private garden and a box garage with direct access.
It is part of a group of just 20 villas, designed with contemporary style and integrated into a peaceful urban environment surrounded by green spaces.
With premium finishes and high-quality construction solutions, the villa has underfloor heating and cooling, natural oak flooring, compact marble bathrooms and a fully equipped kitchen with efficient appliances.
It is also equipped w...
This 271m2 luxury villa benefits from a spacious interior and exterior areas, with a private garden and a box garage with direct access.
It is part of a group of just 20 villas, designed with contemporary style and integrated into a peaceful urban environment surrounded by green spaces.
With premium finishes and high-quality construction solutions, the villa has underfloor heating and cooling, natural oak flooring, compact marble bathrooms and a fully equipped kitchen with efficient appliances.
It is also equipped with a home automation system, photovoltaic panels, Led and lighting with sensors, and aluminium frames with low-emission glass and thermal control, promoting comfort and energy efficiency.
Located in a condominium that has been carefully thought-out for the well-being of its residents, with leisure areas, a natural solarium and large green areas for socialising, this property offers a sophisticated lifestyle in harmony with nature.
In one of Porto's most desirable neighbourhoods, close to leading schools, shops, services and with excellent access to the VCI and public transport, this villa is ideal for those looking for tranquility, security and quality of life in a prime area of the city.
Area: 271 m2 | 2,917 sq ft
Bedrooms: 4
Bathrooms: 5
Garage: 2
Energy efficiency: A
FEATURES:
• Two suites;
• Private lift;
• Patio 8.20 m2;
• Garden with 28.70 m2;
• Three balconies with 48.60 m2.
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This Villa is located in Porto 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.