Luxury 4 bedroom House for sale with panoramic view in Cascais, Central Portugal
Alto da Parede, is this stunning 4 bedroom luxury villa with pool and garden.
Situated in a private condominium in Parede, Cascais, this villa is in excellent condition with good sun exposure and only 7 minutes from Sao Joao do Estoril beach.
On the ground floor is a spacious hall, a bathroom, fully equipped kitchen with access to the dining room, and a living room with direct access to a great terrace, the garden and the pool.
Three spacious en suite bedrooms with wardrobes are on the first floor and they all have balconies with panoramic views of the sea.
The basement has natural light...
Alto da Parede, is this stunning 4 bedroom luxury villa with pool and garden.
Situated in a private condominium in Parede, Cascais, this villa is in excellent condition with good sun exposure and only 7 minutes from Sao Joao do Estoril beach.
On the ground floor is a spacious hall, a bathroom, fully equipped kitchen with access to the dining room, and a living room with direct access to a great terrace, the garden and the pool.
Three spacious en suite bedrooms with wardrobes are on the first floor and they all have balconies with panoramic views of the sea.
The basement has natural light and access to the garden. There is a large open-plan living space that has now been converted into a fantastic bedroom with an exit to the garden, a bathroom, a laundry area, technical area, storage area and a garage.
Parede is part of the municipality of Cascais and is a privileged area famous for the famous beaches of Sao Joao do Estoril, Avencas, and Carcavelos beach with an extensive stretch of sand and the practice of numerous sports such as surfing.
This location is characterised by its proximity to Lisbon and its easy access (motorway and public transport). It is also an important centre for education, as two campuses of the Universidade Nova de Lisboa are located here: the NOVA School of Business and Economics and the NOVA Medical School. It is also 10 minutes from St Julian's School, Santo Antonio International School (SAIS) and Colegio Marista de Carcavelos. 30 minutes from Lisbon and Humberto Delgado Airport.
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This House 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.