Immaculate 3 bedroom Villa for sale in Alcantarilha, Algarve
Just minutes from the golden beaches of Armacao de Pera and the renowned golf courses, it offers the perfect balance between countryside serenity and the vibrant coastal life of the Algarve.
The villa was designed to offer a perfect symbiosis between the exterior and interior. On entering there is a bright and spacious living room, with floor-to-ceiling windows leading out onto the pool terrace.
The living and dining room is open plan with a modern fitted kitchen, equipped with...
Just minutes from the golden beaches of Armacao de Pera and the renowned golf courses, it offers the perfect balance between countryside serenity and the vibrant coastal life of the Algarve.
The villa was designed to offer a perfect symbiosis between the exterior and interior. On entering there is a bright and spacious living room, with floor-to-ceiling windows leading out onto the pool terrace.
The living and dining room is open plan with a modern fitted kitchen, equipped with luxury appliances. Still on this floor is a bedroom with an en-suite bathroom and an additional bathroom. This room is currently being used as an office.
Going upstairs, there are two more suites, with built-in wardrobes and large windows. One suite has access to an extraordinary balcony, facing the garden and pool. The master suite benefits from a fantastic south-facing terrace.
The basement is spacious and multifunctional, as it has additional storage space and a garage for four cars, with a charging station for electric cars.
The exterior of the property consists of a fantastic saltwater swimming pool with heated water, with a well-kept garden surrounding the property. Complementing the outdoor space is the extraordinary terrace with leisure area.
The terrace was designed to create a haven for both leisure and relaxation, as it includes a Jacuzzi with light therapy, a Nordic pine sauna and an outdoor dining area with barbecue, protected by a pergola with an electric screen.
For moments of relaxation, there is a cosy sitting area with a fire pit, creating a welcoming atmosphere for cooler afternoons.
This amazing villa is an excellent choice for those looking for a permanent residence, as it combines functionality, comfort, luxury and elegance.
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This Villa is located in Alcantarilha 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.