Luxury 4 bedroom Villa for sale in Penha Longa Resort, Cascais, Central Portugal
This superb property is as good as new, having been recently renovated, both inside and out, with talented interior design work. Its harmony of environments, spaces and colours, in which comfort and practicality prevail, has been thought out down to the smallest detail and establishes a perfect symbiosis with its verdant surroundings.
It is set in a 790m2 plot and has 318m2 of gross private area, with a swimming pool and garden facing the prestigious golf course of this select condominium. ...
This superb property is as good as new, having been recently renovated, both inside and out, with talented interior design work. Its harmony of environments, spaces and colours, in which comfort and practicality prevail, has been thought out down to the smallest detail and establishes a perfect symbiosis with its verdant surroundings.
It is set in a 790m2 plot and has 318m2 of gross private area, with a swimming pool and garden facing the prestigious golf course of this select condominium.
This villa has two floors. The ground floor comprises an entrance hall, a guest WC, a large and spacious living room with fireplace and wood burning stove, a dining room, a generously sized fully equipped open-plan kitchen, a pantry, a small storage room and a bedroom converted into an office.
On the first floor is a beautiful hall with a wardrobe, two bedrooms served by a spacious bathroom (one of which communicates with a small interior room with natural light), and a large suite with a walk in wardrobe and a pleasant balcony. The villa is equipped with central heating and also has a closed garage for two cars, with the possibility of more parking outside.
There is also a laundry room with a guest WC.
Penha Longa is a development with 24-hour security, surrounded by a golf course and made up of 29 villas distributed in small condominiums, in an environment of great natural beauty.
Very quiet and with easy access.
Located in the heart of the Sintra mountains, the Penha Longa Resort is a historic property that traces its origins back to the 14th century, serving as a refuge for Portuguese royalty. Just 5 minutes from the motorway and 10 minutes from the centre of Cascais, Estoril or Sintra, the experience you'll find in this condominium is of a high standard of excellence.
Located between Sintra and Cascais and 20 minutes from Lisbon, this area is characterised by vast green spaces and gardens.
It offers a quiet, exclusive and prestigious environment, with special care taken to ensure the safety and privacy of its residents.
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This Villa 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.