Spacious 10 bedroom Villa for sale with countryside and panoramic views in Algoz, Algarve
Fully furnished and spread over two floors, this property has a functional and generous layout. There are 10 bedrooms, 3 fully equipped kitchens, 3 living and dining rooms and 4 bathrooms, making it ideal for large families or for hosting several guests in comfort.
The peaceful outdoor areas offer peaceful natural surroundings, where privacy is guaranteed.
The large swimming pool and outdoor leisure area area perfect for relaxing and socialising in a pretty setting.
The property also has parking...
Fully furnished and spread over two floors, this property has a functional and generous layout. There are 10 bedrooms, 3 fully equipped kitchens, 3 living and dining rooms and 4 bathrooms, making it ideal for large families or for hosting several guests in comfort.
The peaceful outdoor areas offer peaceful natural surroundings, where privacy is guaranteed.
The large swimming pool and outdoor leisure area area perfect for relaxing and socialising in a pretty setting.
The property also has parking for around 10 vehicles, including a closed garage.
This is an excellent opportunity both for investment - as local accommodation or rural tourism - and as a retreat or large family home.
It benefits from a totally sheltered location, but with nearby shops and just 15 minutes from the centre of Algoz, with all the essential amenities.
CHARACTERISTICS:
Plot Area: 4,950 m2 | 53,281 sq ft
Useful area: 421 m2 | 4,527 sq ft
Deployment Area: 797 m2 | 8,575 sq ft
Bedrooms: 10
Bathrooms: 4
Energy efficiency: D
Share on Twitter / X
Share on Facebook
Share on Pinterest
Share on Email
PrintFeatures
Fees Paid By SellerLocation
Where is this property?
This Villa is located in Algoz in Portugal
For security, the map shows the nearest town or village. Please get in touch for full details.
Search Location
Find Properties near Algoz
Airports near Algoz
More Luxury Properties
Similar Properties
Nearest Properties
Featured Properties
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.