Immaculate 4 bedroom Villa for sale in Aveiro, Northern Portugal
Set in an exclusive residential development with lots of privacy, good sun exposure and green areas in is this excellent villa with 290 m2 of gross floor area, set in a 346 m2 plot, which stands out for its contemporary lines, natural materials and neutral tones, creating an intimate, family atmosphere.
This 4+1 bedroom, 2 storey property is part of an exclusive condominium with only fifteen new, urban and very functional houses.
What makes the villa so special are the good areas, privacy, green spaces and good sun exposure.
The large, bright living room extends onto a...
Set in an exclusive residential development with lots of privacy, good sun exposure and green areas in is this excellent villa with 290 m2 of gross floor area, set in a 346 m2 plot, which stands out for its contemporary lines, natural materials and neutral tones, creating an intimate, family atmosphere.
This 4+1 bedroom, 2 storey property is part of an exclusive condominium with only fifteen new, urban and very functional houses.
What makes the villa so special are the good areas, privacy, green spaces and good sun exposure.
The large, bright living room extends onto a west-facing patio. Next to it is the modern, fully-equipped kitchen with an adjacent laundry room.
The bedrooms offer good areas with built-in wardrobes, two of which are en suite.
On the first floor there is also a garage for two cars and storage.
Situated in Aveiro, in the parish of Esgueira, with excellent access to the A25 highway, close to shops, services and schools, and a short distance from the beaches of Barra and Costa Nova.
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This Villa is located in Aveiro 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.