Furnished 5 bedroom Villa for sale with countryside view in Obidos, Central Portugal
Features include, on the ground floor: fitted and equipped kitchen with a fridge/freezer, dishwasher, oven, 4-burner gas hob, extractor fan, coffee machine, microwave, toaster, coffee machine, kettle and complete crockery; large living room with a flat screen TV, 2 leather sofas, pellet stove and table football; bedroom (approximately 12m2) with a double bed, 2 bedside tables and wardrobe and a bathroom with a WC and bathroom furniture.
Top floor: landing serving a terrace with a table and chairs; 3 bedr...
Features include, on the ground floor: fitted and equipped kitchen with a fridge/freezer, dishwasher, oven, 4-burner gas hob, extractor fan, coffee machine, microwave, toaster, coffee machine, kettle and complete crockery; large living room with a flat screen TV, 2 leather sofas, pellet stove and table football; bedroom (approximately 12m2) with a double bed, 2 bedside tables and wardrobe and a bathroom with a WC and bathroom furniture.
Top floor: landing serving a terrace with a table and chairs; 3 bedrooms: 1 bedroom (approximately 16m2) with pool view and a small balcony, equipped with 2 single beds and a wardrobe; large bedroom (approximately 20m2) with a double bed; children's bedroom with a small convertible sofa; dressing room; bathroom; master bedroom suite (approximately 25m2) with a small balcony and pool view, bathroom and dressing room.
Lower floor with natural light: bedroom (approximately 12m2) with 2 single beds; bathroom with a WC and bathroom furniture; large games room with a bar, refrigerator with a freezer, desk, English pool table, dart board, video projector and games console, convertible sofa, storage space under the stairs. Room fully ventilated by VMC.
Other features include: 10 x 6m saltwater swimming pool with a cover. Large storage room with ventilation; garage for 1 car, with a washing machine and dryer. 2 garden sheds with different materials. Gas and charcoal barbecue, lawn mower, table-tennis table. Diesel central heating and double glazing. The garden is completely fenced and very well looked after.
Within walking distance of local services including a restaurant and cafe, this charming property is ideal as a permanent family residence or holiday home.
With easy access to the coast and golf courses, Lisbon and the airport are less than an hour s drive away.
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This Villa is located in Obidos 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.