3 bedroom Villa for sale with sea view in Praia d'el Rey, Serra d'el Rei, Central Portugal
This 122m2 property is part of a modern development blending the natural landscape and architectural integration with the surroundings .Suitable for Golden visas, the townhouses in this development have access to the lovely communal swimming pools swimming pool.
Inside, the walls of stained stucco paint, flooring and doors with the appearance of raw woo...
This 122m2 property is part of a modern development blending the natural landscape and architectural integration with the surroundings .Suitable for Golden visas, the townhouses in this development have access to the lovely communal swimming pools swimming pool.
Inside, the walls of stained stucco paint, flooring and doors with the appearance of raw wood bring shape to the interior decoration that is organic and sophisticated, with soft and neutral colours, to create tranquility and harmony.
Calm, cosy and serene environments give preference to organic forms, elements of natural aspect and the contrast between textures. The link to nature is evident in various aspects, enhancing the close relationship between indoors and out through generous use of glass and employing identical materials which transcend to the outdoors, both visually and physically.
Excellent views of the Atlantic and golf course, between the natural vegetation and next to the calm waters of the Obidos lagoon.
Round the clock security and an extended service makes life easy.
The resort's range of services includes, in the first marketing phase, reception, restaurant, bar, 18-hole golf course, golf shop and more.Members and various support services.
Provision of golf club membership for 3 years (maximum of 2 users per house).
The resort will include 2, 5-star hotels, spa, swimming pools, sports, supermarket, convenience store, laundry and much more.
The 18-hole golf course was considered the best of the new courses in the world at the 2017 World Golf Awards and is positioned at number 25 in the Top 100 of the best domains in continental Europe. For the preservation of the local ecosystem it was awarded the GEO field certification.
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This Villa is located in Serra d'el Rei 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.