Modernised 3 bedroom House for sale in Almancil, Algarve
This well maintained and recently updated property features three bedrooms: one master with an en-suite and two others sharing a family bathroom. All bedrooms have balconies.
The main living areas are bright and spacious, ideal for both relaxing and entertaining with seemless access to outdoor spaces where it's possible to enjoy the sun and tranquil surroundings with a small garden and barbecue.
The ground floor welcomes you with an inviting entrance hall and a conveniently located cloakroom extending effortlessly towards a charming interior courtyard....
This well maintained and recently updated property features three bedrooms: one master with an en-suite and two others sharing a family bathroom. All bedrooms have balconies.
The main living areas are bright and spacious, ideal for both relaxing and entertaining with seemless access to outdoor spaces where it's possible to enjoy the sun and tranquil surroundings with a small garden and barbecue.
The ground floor welcomes you with an inviting entrance hall and a conveniently located cloakroom extending effortlessly towards a charming interior courtyard. A beautifully designed open plan kitchen flows onto the dining area and connects to a spacious living area with a wood burner and two French windows opening up onto the south facing terrace.
Thoughtfully designed, all bedrooms are conveniently located on the first floor providing privacy and a well defined separation between living and resting area.
The master suite has its own private bathroom and walk in wardrobe while the other two bedrooms share a bathroom.
Set within the prestigious golf resort, the beautiful home enjoys well maintained landscapes, a secure environment and access to premium amenities such as the PA golf course.
Whether you are a golf enthusiastic or simply seeking a refined lifestyle, this property offers the perfect balance of leisure and luxury.
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This House is located in Almancil 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.