Beautiful 3 bedroom Apartment for sale with sea view in Odiaxere, Algarve
The Palmares residence offers a range of luxury apartments, surrounded by nature. Comfort, luxury, security and elegance come together in this luxurious resort, especially aimed at lovers of golf, the beach and fresh air.
Designed to fit into the natural amphitheatre of Palmares, these apartments benefit from views of the sea or the Alvor estuary, which can be enjoyed from the spacious covered and uncovered terraces.
Adopting the colours and textures of the natural environment, the apartment is fully furnished and equipped. In a place where only 5.7% of the space has been built, nature st...
The Palmares residence offers a range of luxury apartments, surrounded by nature. Comfort, luxury, security and elegance come together in this luxurious resort, especially aimed at lovers of golf, the beach and fresh air.
Designed to fit into the natural amphitheatre of Palmares, these apartments benefit from views of the sea or the Alvor estuary, which can be enjoyed from the spacious covered and uncovered terraces.
Adopting the colours and textures of the natural environment, the apartment is fully furnished and equipped. In a place where only 5.7% of the space has been built, nature still reigns supreme and embraces the landscape, surrounded by the green of the 27-hole golf course, creating a natural connection between the interior and exterior.
Every detail has been carefully thought out, guaranteeing wide, unobstructed views of the horizon.
More than just a home, Palmares is a haven where golf, the sea and the pleasure of quality living meet.
This unique development stands out not only for its architecture but also for the luxurious lifestyle provided by the services resulting from the 5-star classification.
Located in Lagos, 3 km from Meia Praia, in one of the regions of the Algarve that offers the best quality of life, excellent accessibility, close to national and international schools.
60 minutes from Faro International Airport.
A unique investment and profitability opportunity and a guaranteed bet on an increasingly rare location.
Area: 226 m2 | 2,433 sq ft
Useful area: 149 m2 | 1,602 sq ft
Bedrooms: 3
Bathrooms: 3
Energy efficiency: A
3 bedrooms
Equipped kitchen
Terraces
Apartment
Furnished and equipped
Swimming pools
Gardens
24 hour security.
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This Apartment is located in Odiaxere 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.