Luxury 3 bedroom Apartment for sale with sea view in Porto de Mos, Algarve
Set in the Ocean View complex, this superb property offers an outdoor pool, indoor pool, sauna and gym (all common areas). It is situated just 500 metres from the golden sands of Porto de Mos Beach and a short drive (by car) from the bustling Marina of Lagos. Perfect for those looking to enjoy a truly relaxing and luxurious holiday and looking to explore the Western Algarve.
It has been decorated with excellent taste, featuring a combination of woods in its natural colours and grey...
Set in the Ocean View complex, this superb property offers an outdoor pool, indoor pool, sauna and gym (all common areas). It is situated just 500 metres from the golden sands of Porto de Mos Beach and a short drive (by car) from the bustling Marina of Lagos. Perfect for those looking to enjoy a truly relaxing and luxurious holiday and looking to explore the Western Algarve.
It has been decorated with excellent taste, featuring a combination of woods in its natural colours and grey. The furniture is of exceptional quality, with a modern style and very comfortable. The apartment is fully equipped with everything one might need for a stay, including TV, cable TV, unlimited Wi-Fi and air conditioning.
The interior of the apartment, bright and open, consists of an open plan room, which includes the living room, dining area and kitchen. The latter is fully equipped, with state-of-the-art appliances, providing everything you will need for a self-sufficient and relaxed holiday.
The living room expands, through French sliding doors, to the spacious and private terrace, which is divided into a dining area and a living area.
There are three spacious bedrooms, all with double beds. The double bedroom has access to a bathroom with a hydromassage bathtub, and the remaining bedrooms access to a shower bathroom.
The apartment is also perfectly equipped for a winter let, with its underfloor heating and a south-facing terrace, which allows you to enjoy the sun throughout the day.
The mini-spa, in the communal areas, is equipped with an indoor heated pool, fully equipped gym, sauna and Jacuzzi.
The glorious Porto de Mos beach, has two excellent restaurants and is less than a 10 minute walk away, while an 8 minute car taxi ride leads to the bustling historic town of Lagos. Once there one can enjoy a relaxing walk along the riverside, along the Avenida large sidewalk, or enjoy a quiet meal in one of the many restaurants and cafes that the city has to offer. On the other side of the river, there is the modern Marina de Lagos with several restaurants and bars.
For golf lovers, the Boa Vista Golf Resort and/or Palmares, are just a short drive away.
This apartment is ideal for those looking for a special place for their holidays.
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This Apartment is located in Porto de Mos 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.