Architect Designed Modern , Villa with 3 bedrooms Portimao Mexilhoeira Grande Panoramic View
795,000 EUR
683,700 GBP 858,600 USD
Reference: 242859
- Bedrooms: 3
- Bathrooms: 4
- Floor Size: 145 m2
- Plot Size: 550 m2
Features
Details
Stunning new 3 bedroom modern and contemporary architect designed villa with pool and garden, enjoying far reaching countryside views from its private location in Mexilhoeira Grande.
Upon entering the villa, there are two large bedrooms, each with an en suite bathroom, fitted wardrobes, and a south-east-facing balcony, which offers stunning nature views over the Mexilhoeira Grande countryside.
The third bedroom, which is the master suite, has a spacious bedroom area, en suite bathroom, a walk in wardrobe, and a terrace. It is located on the lower level of the property, which is accessed via a spacious staircase, filled with natural light and opens up into a generous living room, a kitchen fully equipped with top-of-the-line appliances, and a dining room, all in open plan, with direct access to the terrace, garden, and pool area.
Great use of light and high ceilings, as well as the large sliding glass doors, maximises the space and brightness throughout the property, creating a seamless connection between interior and exterior.
The pool, terrace, living room, and garden areas are located to the rear of the property and offer total privacy, as well as tranquility.
There is 2,000m2 of countryside to the back of the property ensuring the view will remain unspoilt and guaranteeing peace and seclusion.
The property also has a covered private parking area with space for two cars and a charging point for electric cars.
Located between Lagos and Alvor, the property is perfectly situated to offer the peacefulness of the suburbs, while also being within a short journey to the city. Only 50 minutes from Faro International Airport, and less than 10 minutes to prestigious golf courses, the Portimao Aqua shopping centre, and the stunning Algarvian beaches.
FEATURES:
Fully equipped kitchen Three en suite bedrooms Walk in closet Terrace Swimming pool Garden Solar panels Private parking for two cars Air conditioning Charging point for electric cars
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Portugal Property Buying Guide
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.
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