Unique 14 bedroom House for sale in Estoril, Central Portugal
It is situated 1,000m from the Casino, 1,300m from the beach, 20m from the bus stop and 50m from the petrol station, 200m from the A5 motorway, 600m from the Continente hypermarket, 200m from the Estoril tennis court and 850m from the Estoril Golf Club golf course.
On the ground floor is an entrance hall of 31.62 m2, a living room with fireplace of 47.94 m2, a dining room (12 people) of 31.25 m2, another living room of 43.52 m2 and a bedroom/office of 16.78 m2 and 2 W/Cs.
The cella...
It is situated 1,000m from the Casino, 1,300m from the beach, 20m from the bus stop and 50m from the petrol station, 200m from the A5 motorway, 600m from the Continente hypermarket, 200m from the Estoril tennis court and 850m from the Estoril Golf Club golf course.
On the ground floor is an entrance hall of 31.62 m2, a living room with fireplace of 47.94 m2, a dining room (12 people) of 31.25 m2, another living room of 43.52 m2 and a bedroom/office of 16.78 m2 and 2 W/Cs.
The cellar has 4,000 bottles with a thermostat to maintain the temperature of the wines.
There is a fitted and equipped kitchen of 33.22 m2 with a fireplace, a terrace facing the west-facing side garden, 20.57 m2, a cupboard of
6.91 m2, pantry of 4.71 m2, storage room of 5.89 m2, and a laundry room of 6.8m2.
On the 1st floor is a lift to the upper floor, a hall 11.90m2, a Master suite 25.5m2 and living room of 8.8m2 and walk in wardrobe 8.3m2, W/C 10.3m2, balcony 2.8m2, a second Master suite 20.3m2, W/C 6.8m2, balcony 52.4m2, bedroom 20.4m2 with built-in wardrobe, W/C 4.2m2, balcony 52.4m2, bedroom 23.6m2, W/C 4.9m2, balcony 7.4m2, bedroom 17.4m2, W/C 5.46m2, balcony 19.2m2, living room 22.4m2, bedroom 17.4m2, W/C 5.46m2, balcony 19.2m2, annex room 9.25m2, W/C 3m2, kitchen 8.76m2, Studio 11.7m2, entertainment room 47m2, and W/C 2.5m2.
There is a 45m2 swimming pool with a bathroom and pool area 136m2.
The garage is large enough for 4 cars.
Features include a lift alarm monitored by cameras, a continuous flow water heating system, cooling unit for the wine cellar, double-glazed windows, a water tank with a capacity of 10,000 litres, water pressure pump 130m, deep well with a capacity of 30,000 litres/h and an independent gas tank in the basement with a capacity of 15m3 supplied by a gas lorry.
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This House is located in Estoril 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.