Stunning 5 bedroom Villa for sale in Grandola, Alentejo Southern Portugal
Set in the Soltroia development, this contemporary style property is in a private condominium.
This superb contemporary villa, built on a 1,280m2 plot, offers a 485m2 gross construction area, being distributed over a single floor and a basement.
The design emphasises a harmonious indoor-outdoor living experience, with large glass windows that bring in abundant natural light and create a seamless flow between interior and exterior spaces.
On the ground floor, there ...
Set in the Soltroia development, this contemporary style property is in a private condominium.
This superb contemporary villa, built on a 1,280m2 plot, offers a 485m2 gross construction area, being distributed over a single floor and a basement.
The design emphasises a harmonious indoor-outdoor living experience, with large glass windows that bring in abundant natural light and create a seamless flow between interior and exterior spaces.
On the ground floor, there is an entrance hall leading to the social area, which includes a spacious living and dining room with direct access to a fully equipped kitchen.
The private wing comprises five suites, all with embedded wardrobes and the highest quality finishes.
A bathroom, a storage area and the outdoor living spaces, including a covered porch, a barbecue area, a swimming pool, and a garden, complete this floor, offering an ideal setting for leisure and entertaining.
This villa also has a basement, whose parking area has space for two vehicles, a technical and laundry area, a Turkish bath, a wine cellar, a bar, as well as a support room with a private bathroom.
One of the key highlights of this property is its prime location: just a few minutes away from the region's most iconic beaches (Troia, Gale, Carvalhal), the Marina of Troia, the golf course and essential services.
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This Villa is located in Grandola 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.