Immaculate 3 bedroom Apartment for sale with countryside and panoramic views in Vilamoura, Algarve
Experience modern Algarve living in this exceptional property, perfectly situated in the prestigious resort town of Vilamoura. Designed to offer both comfort and style, this superb property combines generous indoor living spaces with exceptional outdoor entertaining areas, making it an ideal permanent residence, holiday home, or investment opportunity.
Property Highlights - 3 spacious double bedrooms + study area, 3 modern bathrooms, thoughtfully designed for comfort and privacy, bright open-plan liv...
Experience modern Algarve living in this exceptional property, perfectly situated in the prestigious resort town of Vilamoura. Designed to offer both comfort and style, this superb property combines generous indoor living spaces with exceptional outdoor entertaining areas, making it an ideal permanent residence, holiday home, or investment opportunity.
Property Highlights - 3 spacious double bedrooms + study area, 3 modern bathrooms, thoughtfully designed for comfort and privacy, bright open-plan living and dining area with an abundance of natural light and separate fully fitted kitchen with ample storage and workspace.
The private rooftop terrace is the perfect place to entertain or simply relax with a private Jacuzzi to enjoy and year-round panoramic views from the terrace.
There are excellent indoor and outdoor living spaces and it is Ideal as a family home, holiday retreat or rental investment.
Situated in one of the Algarve's most desirable destinations, this apartment is just minutes from: Vilamoura Marina, beautiful golden sandy beaches, championship golf courses, restaurants, cafes and bars,supermarkets and everyday amenities, International schools and healthcare facilities. Faro International Airport is approximately 25 minutes away.
Whether you're enjoying morning coffee on the rooftop terrace, relaxing in the Jacuzzi after a day on the golf course, or entertaining family and friends in the spacious living areas, this apartment offers the perfect blend of luxury, comfort and the renowned Vilamoura lifestyle.
Distance to airport: 24 kms
Distance to Marina: 3 kms
Distance to Golf: 3 Kms
Distance to Supermarket: 1 Km
Distance to beach: 4.5 kms
Distance to Restaurants: 500 m
Distance to Tennis: 1 Km
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Location
Where is this property?
This Apartment is located in Vilamoura 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.
