Reference253638
Price875,000 EUR
Bedrooms5
Bathrooms5
Floor Space121.0m2
Land Area300.0m2

Stylish 5 bedroom Villa for sale in Vila Nova de Gaia, Porto, Northern Portugal

875,000 EUR
726,250 GBP918,750 USD
Five bedroom detached villa with swimming pool, balconies, terrace and unobstructed sea views for sale in Madalena, 100 metres from the beach in Vila Nova de Gaia.

This 121m2 property has been carefully designed to blend harmoniously into the surrounding landscape, culminating in a construction that combines functionality, comfort and elegance.

The villa is spread over three floors, with the second floor set back and with a large terrace, enhancing privacy

On the ground floor, in addition to the open-plan living room and kitchen, there is an office or bedroom and a bathroom, as well as a side structure for parking two vehicles, one covered and the other uncovered, e...
Five bedroom detached villa with swimming pool, balconies, terrace and unobstructed sea views for sale in Madalena, 100 metres from the beach in Vila Nova de Gaia.

This 121m2 property has been carefully designed to blend harmoniously into the surrounding landscape, culminating in a construction that combines functionality, comfort and elegance.

The villa is spread over three floors, with the second floor set back and with a large terrace, enhancing privacy

On the ground floor, in addition to the open-plan living room and kitchen, there is an office or bedroom and a bathroom, as well as a side structure for parking two vehicles, one covered and the other uncovered, ensuring convenience and easy access.

On the first floor are the three bedroom suites and two balconies, while the second floor houses a library that could be converted into another bedroom, as well as a bathroom.

This villa has ample outdoor spaces, including a garden, balconies, a terrace and a swimming pool, elements that enhance outdoor living and provide a direct link between the interior and the surrounding natural environment.

Located in a quiet area with easy access to the beach, this villa combines the serenity of nature with proximity to all essential services, including schools, restaurants, supermarkets and public transport, as well as good access to major roads.


Plot Area: 300 m2 | 3,229 sq ft
Deployment Area: 121 m2 | 1,302 sq ft
Building Area: 208 m2 | 2,241 sq ft
Bedrooms: 5
Bathrooms: 5
Garage
Energy efficiency: A

FEATURES:
Air conditioning with invisible duct;
• Equipped kitchen;
• Electric shutters and integrated home automation;
• Central vacuum and alarm pre-installation;
• Solar panels;
• Exterior cladding in wood;
• Cortizo window frames.
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Rebecca

Rebecca Ludlow

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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.