Renovated 4 bedroom Villa for sale with countryside view in Vieira Do Minho, Northern Portugal

850,000 EUR 739,500 GBP 841,500 USD

Reference: 243281

Bedrooms: 4
Bathrooms: 3
Floor Size: 352 m2
Work Required: None
Balcony
Garage(s)
Private / Not Overlooked

Details

Beautiful 4 bedroom country house transformed from a 19th century old stone farmhouse, nestling in nearly an acre of glorious landscaped gardens while enjoying far reaching countryside views from its private location near Vieira do Minho, Braga.

The meticulous reconstruction of the property from 1859, turned it into a fully modernised villa with all kinds of facilities. It involved local masons and specialised builders, providing the house with luxury finishes such as underfloor heating, polished concrete flooring, iroko wood, Portuguese slate, cork and double glazing.

It has specific characteristics and architecture to blend in with the landscape.

Composed of an open plan living and dining room with fitted kitchen enjoying panoramic views of the mountains of the National Park of Peneda-Geres and the Cavado River, four bedrooms, three bathrooms and a games room.

Outside there is a beautiful garden with several environments: leisure and dining areas, including a pergola, olive trees, fruit trees and water well plus a garage for 4 vehicles.

Set in a private and quiet rural environment, with easy access to the National Road N103, stores and restaurants, 5 minutes from the lake, 15 minutes from the centre of Vieira do Minho, 30 minutes from Braga and 1h10 from Porto.

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Portugal Property Buying Guide

Guide to the Portugese Buying Process

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.