Stylish 2 bedroom Villa for sale with sea view in Paco de Arcos, Cascais, Central Portugal
This charming property has been completely rebuilt with quality materials, fully restoring an old period villa.
This superb property is a privilege for those who wish to reside in the heart of Paco de Arcos and also benefit from fantastic sea views and its proximity.
Just a few minutes from Lisbon and Cascais, it offers an excellent balance between the tranquility of a coastal village and proximity to major urban centres.
The central location in Paco de Arcos provides easy access to the excellent beaches of the C...
This charming property has been completely rebuilt with quality materials, fully restoring an old period villa.
This superb property is a privilege for those who wish to reside in the heart of Paco de Arcos and also benefit from fantastic sea views and its proximity.
Just a few minutes from Lisbon and Cascais, it offers an excellent balance between the tranquility of a coastal village and proximity to major urban centres.
The central location in Paco de Arcos provides easy access to the excellent beaches of the Cascais Line, its great local shops, and various quality restaurants.
Sea views and exceptional outdoor areas are features of this villa, with panoramic views of the sea and spaces to savour the outdoors.
With a gross area of 320 m2 and 80 m2 of outdoor areas, the villa boasts a magnificent terrace of approximately 20 m2, perfect for enjoying the superb view of the confluence of the Tagus River with the Atlantic Ocean.
Additionally, the charming entrance patio/garden of about 60 m2 is ideal for al fresco dining and relaxation.
There are elegant interior spaces in this villa, which consists of 8 rooms, encompassing a gross private area of 320 m2, currently configured as T2+3 but easily adaptable for more bedrooms.
On the ground floor, there is a large dining room and a bright kitchen, equipped with top-of-the-line Gaggenau appliances.
On the first floor, the spacious suite with a large wardrobe and a cosy living room and library stand out.
The large, bright living room with double-height ceilings offers access to the magnificent terrace, along with an additional bedroom and a bathroom, on the second floor.
There is also a mezzanine used as an office, probably with the best view in the entire house.
This villa was designed to offer maximum comfort and energy efficiency. It is equipped with underfloor heating, central heating, air conditioning in the bedroom, heat recovery systems, and solar panels for water heating.
Also noteworthy is the parking space in the villa's exterior area.
Paco de Arcos is a welcoming village, situated at the mouth of the Tagus River, benefiting from a tranquil and historic environment.
The historic centre offers a rich and extensive range of excellent restaurants, a quality local market, and many beautiful gardens and leisure areas.
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This Villa is located in Cascais 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.