Spacious 2 bedroom Townhouse for sale with sea view in Budens, Vila do Bispo, Algarve
As soon as you walk through the front door, you are greeted with spectacular views from the living room terrace. The bright and airy open-plan living and dining room opens onto a spacious terrace with a barbecue and dining area.
The fully equipped kitchen, with built-in appliances and granite worktops, opens onto another beautiful terrace, with stairs leading to a spectacular rooftop terrace, all with breathtaking sea views.
The lower floor features two good-sized bedrooms. One a large double with ...
As soon as you walk through the front door, you are greeted with spectacular views from the living room terrace. The bright and airy open-plan living and dining room opens onto a spacious terrace with a barbecue and dining area.
The fully equipped kitchen, with built-in appliances and granite worktops, opens onto another beautiful terrace, with stairs leading to a spectacular rooftop terrace, all with breathtaking sea views.
The lower floor features two good-sized bedrooms. One a large double with en-suite bathroom, with a Jacuzzi bath and shower over. The second a spacious twin bedroom with en-suite shower room.
Both bedrooms have patio doors which open onto a large covered terrace with private gardens beyond.
The house comes to market fully furnished, with underfloor heating, air conditioning, double glazing, and a wood burner to ensure year-round comfort.
The View is an established luxury resort with a large communal pool and a separate children's pool. All are surrounded by beautiful, well-maintained gardens in a peaceful, tranquil setting.
This exceptional home is set in one of the most sought-after locations in the western Algarve.
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This Townhouse is located in Vila do Bispo 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.