Immaculate 3 bedroom Villa for sale with panoramic view in Mexilhoeira Grande, Algarve
Imagine a house where you can start the day by the pool, end the afternoon on the terrace overlooking the Algarve landscape and enjoy, throughout the year, the comfort of a modern construction.
This is the proposal of this 3 bedroom villa under construction, located next to Mexilhoeira Grande, scheduled for completion in the summer of 2026.
The property is designed over two floors and offers three en-suite bedrooms with built-in wardrobes, providing each private space with a combination of comfort and functionality.
T...
Imagine a house where you can start the day by the pool, end the afternoon on the terrace overlooking the Algarve landscape and enjoy, throughout the year, the comfort of a modern construction.
This is the proposal of this 3 bedroom villa under construction, located next to Mexilhoeira Grande, scheduled for completion in the summer of 2026.
The property is designed over two floors and offers three en-suite bedrooms with built-in wardrobes, providing each private space with a combination of comfort and functionality.
The heart of the house is its generous social area. The living room, benefiting from abundant natural light, creates a spacious and inviting atmosphere. An additional room adds flexibility to the property and can be transformed into an office, gym or bedroom, depending on the lifestyle and needs of the future owners.
On the upper floor, the panoramic terrace offers a privileged space to enjoy the surrounding landscape. The area is prepared for the installation of a Jacuzzi, allowing you to create a true private space of well-being.
The experience extends outside, where the private pool, garden and barbecue area have been designed to take advantage of the long sunny days characteristic of the Algarve.
Comfort is also present in the details: equipped kitchen, underfloor heating, air conditioning, solar panels for water heating, wood fireplace and automatic gate.
The location is another of its strengths. From here, you can easily reach Portimao, Lagos and the beaches of the region, while maintaining the tranquility associated with Mexilhoeira Grande. Faro International Airport is approximately 50 minutes away.
An opportunity to acquire a contemporary villa, designed from scratch to meet the demands of modern life, in one of the most desired destinations in Europe.
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This Villa is located in Mexilhoeira Grande 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.