Spacious 4 bedroom House for sale with countryside view in Penha Longa Resort, Cascais, Central Portugal
It is situated in the Natural Park of Sintra-Cascais, with 24 hour security.
A five minute drive from local business and services, this condominium benefits from two golf courses, trails throughout the condominium for hiking and access to the five-star facilities of the Penha Longa hotel.
The villa has a 269m2 private gross area, is inserted in a 768m2 plot and comprises two floors, which are distributed as follows:
A spacious entrance hall, a bathroom, en suite bedroom, dining room with access to a pleasant terrace, garde...
It is situated in the Natural Park of Sintra-Cascais, with 24 hour security.
A five minute drive from local business and services, this condominium benefits from two golf courses, trails throughout the condominium for hiking and access to the five-star facilities of the Penha Longa hotel.
The villa has a 269m2 private gross area, is inserted in a 768m2 plot and comprises two floors, which are distributed as follows:
A spacious entrance hall, a bathroom, en suite bedroom, dining room with access to a pleasant terrace, garden and swimming pool, and a living room with fireplace with access to the garden and swimming pool, are on the ground floor.
A closed garage converted into an ample multipurpose room, a laundry area and outdoor parking space are also on this floor.
On the first floor is a spacious hall, a Master suite composed of a large dimensioned wardrobe and a living room with access to a balcony, a bedroom with balcony, bedroom with balcony overlooking the golf course, connecting to a bedroom/extra leisure space and office in the attic with access by stairs.
10 minutes away from the centre of Cascais and Estoril, 30 minutes away from Lisbon and the Airport of Lisbon.
Ideal for those who intend to live in a unique environment surrounded by nature, ten minutes away from international schools, the sea and the mountains.
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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.