Stunning 5 bedroom House for sale with countryside view in Trafaria, Alentejo Southern Portugal
This magnificent property consists of a 332m2 private gross area, presenting an elegant and contemporary design, providing a sophisticated and welcoming atmosphere.
Each bedroom has been carefully designed to ensure comfort and privacy, offering ample space for the whole family. Floor-to-ceiling windows allow a generous entrance of natural light, providing a bright and airy atmosphere.
Enjoy stunning views to the city of Lisbon from various points of the house, including pr...
This magnificent property consists of a 332m2 private gross area, presenting an elegant and contemporary design, providing a sophisticated and welcoming atmosphere.
Each bedroom has been carefully designed to ensure comfort and privacy, offering ample space for the whole family. Floor-to-ceiling windows allow a generous entrance of natural light, providing a bright and airy atmosphere.
Enjoy stunning views to the city of Lisbon from various points of the house, including private terraces and seating areas. City lights at night add a magical touch to this unique retreat.
The villa was designed with attention to detail, featuring the highest quality finishes and a layout that optimises space. The spacious living room and modern kitchen are ideal for entertaining and family gatherings.
In addition to the villa, this property offers a generous amount of land, providing unlimited opportunities for outdoor activities, custom landscaping or even the possibility to expand the property.
The access to the banks of the Tagus River adds an exclusive touch to this already extraordinary property which includes private parking space for convenience and security.
On the ground floor is an entrance hall, living room, dining room, kitchen with access to a balcony, office, suite and bathroom.
There are four bedrooms, including the master suite with balcony and river view; and three more bedrooms on the first floor.
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This House is located in Trafaria 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.