Immaculate 5 bedroom House for sale in Cascais, Central Portugal
Situated at the top of Avenida de Sintra, this stunning property presents top finishes and very generous areas and high ceilings. It is distributed over several floors, interconnected by a private elevator.
On the ground floor is a garage of 100m2, a gym with natural light, sauna, Turkish bath and a full private bathroom, a laundry area and several storage areas.
There is access to the garden, leisure area, swimming pool, sun bathing area, support bar and bathroom, on the first floor. A living room/...
Situated at the top of Avenida de Sintra, this stunning property presents top finishes and very generous areas and high ceilings. It is distributed over several floors, interconnected by a private elevator.
On the ground floor is a garage of 100m2, a gym with natural light, sauna, Turkish bath and a full private bathroom, a laundry area and several storage areas.
There is access to the garden, leisure area, swimming pool, sun bathing area, support bar and bathroom, on the first floor. A living room/library/office area,
2 en suite bedrooms, all with access to a 92m2 balcony, and a bathroom are also on this floor.
On the third floor is a spacious living and dining room of 61m2, a modern fitted and equipped kitchen, bathroom, 2 en suites with a walk-in wardrobe, a Master suite with balcony and a 40m2 private terrace.
The garden, with an exquisite landscaping, is distributed by several generous terraces, which follow the height of the house, allowing an independent use of the social and private areas of the house. The finishes are top and distinctive.
It is five minutes away from reputable public and private schools in the area, motorway access that connects to Lisbon (A5), several of the most prestigious and exclusive golf courses in the area, beaches of Cascais and Guincho and all sorts of day-to-day services: shopping centre (Cascai
Shopping) that integrates everything but also street local business public transportation (free bus network).
It is a completely new turnkey construction.
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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.