Luxury 5 bedroom Apartment for sale with sea view in Estoril, Central Portugal
This superb property has been converted into a 5 bedroom apartment which is inserted in a prestigious private condominium. Initially there were 2 apartments: a 3 bedroom apartment and a 2 bedroom apartment.
Totally refurbished in 2023 with excellent finishes, with a 260m2 private gross area with balconies, terraces and rooftop with an excellent South facing sun exposure. Total outdoor area of 444m2, with the 195m2 terrace and the 249m2 Rooftop overlooking Estoril and the sea up to the mar...
This superb property has been converted into a 5 bedroom apartment which is inserted in a prestigious private condominium. Initially there were 2 apartments: a 3 bedroom apartment and a 2 bedroom apartment.
Totally refurbished in 2023 with excellent finishes, with a 260m2 private gross area with balconies, terraces and rooftop with an excellent South facing sun exposure. Total outdoor area of 444m2, with the 195m2 terrace and the 249m2 Rooftop overlooking Estoril and the sea up to the marina of Cascais.
There is the possibility of making a pergola on the rooftop.
The apartment is developed on a single floor. The areas are distributed as follows: - Large dimensioned entrance hall (17.31m2), an open plan living and dining room with a state-of-the-art kitchen, very well integrated with high-end household appliances (70.28m2), with access to the balcony, facing south and with magnificent views of the sea and the emblematic Casino Estoril.
There is a Master suite with fireplace and sea view (21m2) with an ample bathroom (11m2) and wardrobe (8m2), an en suite with sea view (17m2) and bathroom (8.75m2), another en suite (12m2), two bedrooms (11m2 + 12m2) supported by a bathroom, another bathroom (2.22m2) and an area (20m2).
Two terraces, including the roof top, offer panoramic views. All the rooms have double glazed window frames, central heating and electrical blinds.
The condominium offers gardens, a salted water swimming pool as well as 5 parking spaces and 2 storage areas.
Situated next to the emblematic Casino Estoril, near the sea (a 5 minute walk) and at the same distance to the train station to Lisbon, bicycle paths, schools, restaurants and all sorts of local business and various transportation options.
Cascais is a Portuguese village famous for its bay, local business and its cosmopolitanism. It is considered the most sophisticated destination of the Lisbon's region, where small palaces and refined and elegant constructions prevail. With the sea as a scenario, Cascais can be proud of having 7 golf courses, a casino, a marina and countless leisure areas. It is 30 minutes away from Lisbon and its international airport.
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This Apartment is located in Estoril 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.