Spacious 5 bedroom House for sale in Cascais, Central Portugal
Set in a private condominium of only 11 villas in a garden of 5,000m2 with a large swimming pool of 8m x 18m and lawns around a tennis court (or for football and basketball games) plus a playground for children.
There is security 24 hours (Securitas company) and it is situated just 800 metres from the A5 motorway exit node and a 3 minutes walking distance from the supermarket and the gym.
A communal living and dining room of 53m2, a fitted kitchen of 16m2, bedroom 4 (or office) of 16m2, bathroo...
Set in a private condominium of only 11 villas in a garden of 5,000m2 with a large swimming pool of 8m x 18m and lawns around a tennis court (or for football and basketball games) plus a playground for children.
There is security 24 hours (Securitas company) and it is situated just 800 metres from the A5 motorway exit node and a 3 minutes walking distance from the supermarket and the gym.
A communal living and dining room of 53m2, a fitted kitchen of 16m2, bedroom 4 (or office) of 16m2, bathroom 5m2, hall/ entrance 10m2, and a terrace (covered) / patio in front of the living room of 25m2, are on the ground floor.
On the first floor is a Master Suite of 26m2 with wardrobes and bathroom (suite)
6m2, a covered balcony in front of the Suite 14m2, bedroom 2 of 14m2, a covered balcony in front of bedroom 2 of 10m2, bedroom 3 -13m2 with a covered balcony in front of 5m2, a bathroom - 7m2 and a corridor of 9m2.
On the lower floor (Basement) is bedroom 5 / Suite of 18m2, bathroom (suite) 4m2, a machine area / storage area of 26m2, a storage area under the stairs of
3m2, a garage (private/closed for 3 cars) of 51m2 and a hall that leads to the stairs.
Features include air conditioning in the living room and bedrooms, large dimensioned embedded wardrobes in the bedroom's walls, and central heating with radiators throughout the house.
The kitchen is equipped with household appliances and fridge/ fridge freezer (AEG and Bosch), there are technical and laundry areas, with 2 washing machines and dryer, and a water heating boiler (Roca) in the technical area of the basement.
Central Vacuum Unit Alarms are installed in the villa and outside (Securitas company), electrical blinds are in all the bedrooms, a fireplace is in the living room with a heat recovery unit, electrical towel rails are in the bathrooms and there are gates to the garage with controls (private).
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 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.