Unique 6 bedroom Villa for sale in Esmoriz, Ovar, Central Portugal
This rare and multifaceted property combines the best of contemporary architecture with the authenticity of a more classic construction, creating an ideal setting for both luxury housing and investment in exclusive events.
With a plot of more than 2,000 m2 and a construction area of more than 600 m2, it has four fronts and superb sun exposure, guaranteeing natural light in practically every room throughout the day.
The complex includes two interconnected houses: a modern one, with clean, up-t...
This rare and multifaceted property combines the best of contemporary architecture with the authenticity of a more classic construction, creating an ideal setting for both luxury housing and investment in exclusive events.
With a plot of more than 2,000 m2 and a construction area of more than 600 m2, it has four fronts and superb sun exposure, guaranteeing natural light in practically every room throughout the day.
The complex includes two interconnected houses: a modern one, with clean, up-to-date features, ready to move into; and an older one, in need of refurbishment, but with equal potential and spaciousness. Both follow the same architectural philosophy: wide spaces, fluid circulation and interiors flooded with natural light thanks to the large glazed openings.
The first floor is marked by the social area: generous living and dining rooms with direct access to the garden and pool, practical and bright kitchens, support spaces and various storage areas.
On the upper floor are the suites and large bedrooms, designed to offer comfort and privacy, always with a connection to the outside and privileging the view of the surrounding greenery.
Outside, the spotlight is on the large garden with swimming pool, complemented by a support annex with a changing room and bar area, a space designed to enhance the experience of leisure and socialising outdoors.
The property is therefore a versatile space: on the one hand, a home of excellence for those looking for exclusivity, spaciousness and a connection to nature; on the other, an investment with enormous potential, ideal for private events, retreats or even charming tourism.
There is a garage for 3 vehicles.
With quick access to the main roads, this villa is close to shops and services, as well as the region's beaches.
This is an opportunity to acquire a property that combines a strategic location, exceptional architecture and multiple possibilities for use.
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This Villa is located in Ovar 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.