Stunning 7 bedroom Villa for sale with panoramic view in Ribeirao, Vila Nova de Famalicao, Northern Portugal
Between contemporary sophistication and the tranquillity of lush green surroundings lies this extraordinary property in Ribeirao - an exclusive haven for those who value absolute comfort, privacy and an incomparable quality of life.
Situated just a few minutes from the A3 and A7 highways, this property offers a privileged connection to the main cities in the north, allowing you to quickly reach Porto, Braga or Guimaraes, without giving up the serenity of a distinct and res...
Between contemporary sophistication and the tranquillity of lush green surroundings lies this extraordinary property in Ribeirao - an exclusive haven for those who value absolute comfort, privacy and an incomparable quality of life.
Situated just a few minutes from the A3 and A7 highways, this property offers a privileged connection to the main cities in the north, allowing you to quickly reach Porto, Braga or Guimaraes, without giving up the serenity of a distinct and reserved residential area.
With its modern architecture and elegant lines, this modern property stands out for its premium finishes and careful selection of noble materials, in which every detail has been thought out to provide a truly exclusive living experience.
Inside on the first floor, the large spaces reveal a perfect harmony between refinement, functionality and natural light. The social areas create a fluid connection with the magnificent outdoor gardens, allowing nature to enter the house through the generous glass surfaces and the open, welcoming environments.
Comfort is taken to another level with excellent equipment, including underfloor heating and air conditioning with continuous renewal, guaranteeing efficiency, thermal well-being and air quality in all seasons.
Outside are two impressive heated saltwater swimming pools - one indoor and one outdoor - providing a relaxing resort experience all year round.
The private area of the villa has been carefully designed to offer exclusivity and tranquillity and consists of a suite on the first floor, as well as four suites on the upper floor, all with private outdoor spaces and large areas. There is a magnificent master suite with a walk in wardrobe, bedroom and bathroom integrated by an elegant double-sided fireplace that creates a sophisticated and absolutely enveloping atmosphere.
Finally, the basement of this villa includes almost another house with a living-dining room, an equipped kitchen and two suites, as well as a guest WC. From this floor you can access both the indoor pool and the closed garage.
More than a villa, this is a rare property where luxury, comfort and location come together in an impeccable way to create a truly distinctive lifestyle.
FEATURES:
• Villa with five suites;
• Basement with living rooms, kitchen and two suites;
• Elevator;
• Garden with three lawns and orchard area;
• Two swimming pools, one indoor and one outdoor;
• Closed garage for 4 cars;
• Covered garage for 2 cars.
• Energy efficiency: A
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Where is this property?
This Villa is located in Vila Nova de Famalicao 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.