6 bedroom House for sale with countryside view with Income Potential in Penha Longa Resort, Cascais, Central Portugal
4,950,000 EUR
4,257,000 GBP5,296,500 USD
Nestling in over half an acre of beautiful landscaped gardens with pool is this exquisite 6 bedroom villa with separate cottage, ideally located in the exclusive Penha Longa Resort in Cascais.
This majestic property stands out for its elegance and comfort.
On the ground floor is an entrance hall, marble-clad, with double-height ceilings, offering a grand entrance, a TV Room: spacious and cosy, featuring a fireplace, and living and dining rooms which open directly to the garden and pool.
There is a wine cellar, a fitted and equipped kitchen featuring Miele appliances, a pantry, and a breakfast area and a laundry room. An en suite and a gym complete this floor.
Nestling in over half an acre of beautiful landscaped gardens with pool is this exquisite 6 bedroom villa with separate cottage, ideally located in the exclusive Penha Longa Resort in Cascais.
This majestic property stands out for its elegance and comfort.
On the ground floor is an entrance hall, marble-clad, with double-height ceilings, offering a grand entrance, a TV Room: spacious and cosy, featuring a fireplace, and living and dining rooms which open directly to the garden and pool.
There is a wine cellar, a fitted and equipped kitchen featuring Miele appliances, a pantry, and a breakfast area and a laundry room. An en suite and a gym complete this floor.
On the upper floor is a private wing with an office, TV room, and two complete en suites, a comfortable and well-lit additional suite and a Master Suite comprising of a bedroom, walk-in wardrobe, and balcony, offering a luxurious and private retreat.
The cottage comprises of a comfortable en suite bedroom, a living room and kitchen equipped with Miele appliances, with direct access to the garden and pool.
It is surrounded by trees, providing privacy and a tranquil atmosphere. The well-maintained garden and pool are perfect for leisure and relaxation, and the property includes a carport for 4 cars in addition to outdoor parking.
Discover the luxury and serenity of this unique villa in the prestigious Penha Longa Resort.
Penha Longa Resort, located in the stunning Sintra region, offers an exclusive haven of luxury and tranquility. With a rich historical heritage, the resort combines old-world charm with modernity. Its amenities include two world-class golf courses, an award-winning spa, gourmet restaurants, and sports facilities such as tennis courts and a gym.
24-hour security ensures privacy and peace. Close to renowned international schools, Penha Longa is ideal for families.
With a prime location between hills and the ocean, it provides an unparalleled living experience.
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.