New Build 4 bedroom Villa for sale in Alcobaca, Central Portugal
The single storey property is located in a quiet situation on the edge of a traditional village on the Silver Coast, featuring high standards and high quality finishes throughout.
The accommodation includes 4 double bedrooms, including a large master bedroom suite with dressing area with fitted wardrobes and an en suite bathroom.
Bedrooms 2 and 3 include fitted wardrobes and bedroom 4 can also be used as an office.
From the hallway doors lead to a well appointed family bathroom and a guest WC.
The bright and spacious open plan living area includes a fully fitted kitchen with quality built in applia...
The single storey property is located in a quiet situation on the edge of a traditional village on the Silver Coast, featuring high standards and high quality finishes throughout.
The accommodation includes 4 double bedrooms, including a large master bedroom suite with dressing area with fitted wardrobes and an en suite bathroom.
Bedrooms 2 and 3 include fitted wardrobes and bedroom 4 can also be used as an office.
From the hallway doors lead to a well appointed family bathroom and a guest WC.
The bright and spacious open plan living area includes a fully fitted kitchen with quality built in appliances and plenty of space for a dining table and living room area.
A door from the kitchen leads to a useful separate laundry room.
The living area and bedrooms all have French doors which lead out to the surrounding terrace and pool area.
Outside, the gardens surround the house and include paved and green areas and a good size swimming pool.
An electric gate leads to a driveway and enclosed garage with space for 2 cars.
Many extras are included in the price for this lovely property, for example, air con/heating units, heat pump hot water system, all kitchen/laundry appliances.
In a peaceful yet convenient location this property is ideal as a full time residence or a very smart holiday home.
The historic town of Alcobaca is a short drive, with a range of shops, supermarkets, cafes, restaurants and excellent schools.
Several well known beaches, such as Nazare and Sao Martinho do Porto are also close by.
Lisbon and the airport are within an hour's drive.
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This Villa is located in Alcobaca 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.