Reference254178
Price3,250,000 EUR
Bedrooms5
Bathrooms6
Floor Space248.0m2
Land Area

Luxury 5 bedroom Villa for sale in Matosinhos, Porto, Northern Portugal

3,250,000 EUR
2,697,500 GBP3,412,500 USD
Nestling in over half an acre of beautiful landscaped gardens with expansive pool, is this exceptional 5 bedroom luxury villa, ideally located near all amenities in Leca do Balio.

This superb property with contemporary architecture is set in a fully walled plot of 2,502 m2, offering total privacy, comfort and unique surroundings.

Built to a high standard, this property stands out for its use of noble materials, luxury finishes, generous interior areas and excellent sun exposure, especially in the south-facing areas, which ensure plenty of natural light throughout the day.

The villa is spread over three floors and features a functional organisation of spaces, ideal for ...
Nestling in over half an acre of beautiful landscaped gardens with expansive pool, is this exceptional 5 bedroom luxury villa, ideally located near all amenities in Leca do Balio.

This superb property with contemporary architecture is set in a fully walled plot of 2,502 m2, offering total privacy, comfort and unique surroundings.

Built to a high standard, this property stands out for its use of noble materials, luxury finishes, generous interior areas and excellent sun exposure, especially in the south-facing areas, which ensure plenty of natural light throughout the day.

The villa is spread over three floors and features a functional organisation of spaces, ideal for sophisticated and comfortable family living.

Outside, the magnificent garden and 84 m2 heated swimming pool provide a serene environment, perfect for moments of leisure, relaxation and socialising, in total harmony with nature.

There is also the possibility of increasing the building capacity by another 500 m2, which has already been approved by the Matosinhos City Council.

Located in a quiet area of Leca do Balio, the villa benefits from excellent accessibility, being close to international schools, shops and main roads, as well as just 15 minutes from Francisco Sa Carneiro International Airport.


FEATURES:
• Three suites and a master suite;
• Office;
• Covered parking for 4 cars;
• Thermal and acoustic insulation;
• Electric shutters;
• Central heating;
• Borehole and piped water.
Contact our Property Expert
Rebecca

Rebecca Ludlow

UK Office: +44 (0)1935 817188

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Features

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Where is this property?

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.