Renovated 3 bedroom Villa for sale in Olhao, Algarve
The 3 bedroom tastefully decorated traditional farmhouse enjoys a privileged setting along the Ria Formosa walking path, offering peaceful nature walks or bike rides toward Olhao and Fuseta, both only a short 10-minute drive away.
The interior of 181 m2 includes a bright open-plan living and dining area, thoughtfully designed for modern living whilst maintaining its traditional features, such as charming architectural details that reflect the homes original soul. Large windows fill the space with...
The 3 bedroom tastefully decorated traditional farmhouse enjoys a privileged setting along the Ria Formosa walking path, offering peaceful nature walks or bike rides toward Olhao and Fuseta, both only a short 10-minute drive away.
The interior of 181 m2 includes a bright open-plan living and dining area, thoughtfully designed for modern living whilst maintaining its traditional features, such as charming architectural details that reflect the homes original soul. Large windows fill the space with natural light and connect seamlessly to the fully equipped kitchen, ideal for cooking and entertaining. there is also a utility and laundry room .
The rooms have been beautifully decorated, creating a harmonious balance between timeless charm and a fresh, coastal aesthetic.
The furnishings are negotiable, offering the option to move straight in and enjoy the home as seen.
The main house includes two comfortable bedrooms and two elegant bathrooms, as well as a dedicated office space,perfect for remote work or creative pursuits. The master bedroom features a private dressing area, adding an extra touch of luxury and practicality. The master suite and both bathrooms benefit from underfloor heating, while air conditioning throughout, ensures year-round comfort.
The property also boasts a completely new electrical installation, plumbing, and mains water connection.
Outdoor stairs lead to a spacious roof terrace with an additional room, offering fabulous panoramic views over the Ria Formosa and the sea - the ideal place to unwind and enjoy the magnificent Algarve sunsets.
A separate annex provides extra accommodation, featuring a bedroom and bathroom, plus an outdoor kitchen and storage area that can easily be converted into a fully enclosed guest suite.
Surrounding the home are beautifully landscaped gardens, rustic land, and a carport for two cars, all secured by an electric entrance gate.
The design and layout create a seamless blend of tradition, comfort, and the relaxed coastal lifestyle that defines the Algarve.
This exceptional farmhouse offers a rare opportunity to embrace authentic Portuguese living, with traditional features lovingly preserved and paired with modern design and high-quality finishes, just minutes from the sea and the vibrant towns of Olhao and Fuseta.
Highlights:
Open-plan living
2+1 bedrooms
3 bathrooms
Office
Underfloor heating
Air conditioning
Roof terrace with sea views
Landscaped gardens
Carport
Electric gate
Mains Waters.
Air conditioning
Under floor heating
Garden
Terrace
Roof terrace.
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This Villa is located in Olhao 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.