Bright 2 bedroom Apartment for sale with countryside view in Boavista Golf, Lagos, Algarve
This beautiful first-floor property offers an exceptional blend of comfort, convenience, and scenic charm.
Enjoy tranquil views across the surrounding countryside and the lush fairways of the golf course, creating a perfect backdrop for relaxed living.
The property has recently been upgraded with brand new air conditioning throughout and a newly installed boiler, ensuring year-round comfort and efficiency. Thoughtfully designed, it provides a bright and welcoming living space, ideal for both permanent residence and holiday retreats.
It...
This beautiful first-floor property offers an exceptional blend of comfort, convenience, and scenic charm.
Enjoy tranquil views across the surrounding countryside and the lush fairways of the golf course, creating a perfect backdrop for relaxed living.
The property has recently been upgraded with brand new air conditioning throughout and a newly installed boiler, ensuring year-round comfort and efficiency. Thoughtfully designed, it provides a bright and welcoming living space, ideal for both permanent residence and holiday retreats.
It comprises of a hallway, a bright and spacious living and dining room, fitted kitchen, 2 good size bedrooms and 2 bathrooms.
Ideally located just a short stroll from the clubhouse and first tee, whether you're an avid golfer or simply enjoy the resort lifestyle, this home offers effortless access to all amenities.
A superb opportunity to own a stylish property in one of the Algarve's most sought-after golf resorts.
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This Apartment is located in Lagos 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.