Reference259436
Price1,495,000 EUR
Bedrooms3
Bathrooms5
Floor Space246.0m2
Land Area6,720.0m2
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Immaculate 3 bedroom Villa for sale with countryside view in Loule, Algarve

1,495,000 EUR
1,285,700 GBP1,734,200 USD
Absolutely stunning 3 bedroom luxury villa nestling in over 1.5 acres of glorious land with fruit trees, beautiful landscaped gardens and expansive pool, while enjoying panoramic countryside views from its peaceful location near Loule.

The ground floor opens into a spacious and light-filled open-plan living and dining area with a charming fireplace and direct access to generous terraces overlooking the surrounding landscape. A fully equipped kitchen provides a practical and welcoming space for everyday living and entertaining.

Also on this level is a guest WC and a comfortable bedroom suite with walk-in wardrobe and en-suite bathroom.

The first floor comprises two eleg...
Absolutely stunning 3 bedroom luxury villa nestling in over 1.5 acres of glorious land with fruit trees, beautiful landscaped gardens and expansive pool, while enjoying panoramic countryside views from its peaceful location near Loule.

The ground floor opens into a spacious and light-filled open-plan living and dining area with a charming fireplace and direct access to generous terraces overlooking the surrounding landscape. A fully equipped kitchen provides a practical and welcoming space for everyday living and entertaining.

Also on this level is a guest WC and a comfortable bedroom suite with walk-in wardrobe and en-suite bathroom.

The first floor comprises two elegant en-suite bedrooms, each opening onto a private terrace with beautiful panoramic views over the rolling countryside and towards the sea.

The basement adds excellent versatility, with an additional bedroom, home office, extensive storage areas, a wine cellar and garage, making the property particularly well-suited to permanent living as well as extended stays.

Outside, expansive terraces create inviting spaces for alfresco dining, relaxing and entertaining, complemented by a dedicated barbecue area. The large swimming pool enjoys a peaceful and private position with magnificent views towards Loule and the Atlantic coastline.

The rustic land is beautifully planted with mature vegetation and fruit trees and includes a photovoltaic installation for electricity production, enhancing the property's sustainability and energy efficiency. A private borehole provides an additional water source, with mains water available nearby.

Ideally positioned just 5 minutes from the vibrant market town of Loule, the property is also within easy reach of the Golden Triangle, renowned for its beautiful beaches, championship golf courses and excellent restaurants and lifestyle amenities.

Combining generous proportions, privacy, sustainability and exceptional views, this is a beautiful Algarve home in a highly desirable location, equally suited as a permanent residence or an elegant retreat in the sun.
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This Villa is located in Loule 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.