Authentic 3 bedroom Villa for sale with sea view in Praia da Luz, Algarve
Featuring traditional Santa Catarina floor tiles throughout, the villa has a beautiful rustic elegance. The main living area has a great flow from the cosy living room with feature fireplace to the kitchen and dining area. Natural light floods the upper level with double doors giving direct access leading out to the covered terrace with full ocean views left to right. There is also a utility r...
Featuring traditional Santa Catarina floor tiles throughout, the villa has a beautiful rustic elegance. The main living area has a great flow from the cosy living room with feature fireplace to the kitchen and dining area. Natural light floods the upper level with double doors giving direct access leading out to the covered terrace with full ocean views left to right. There is also a utility room and guest bathroom for convenience.
An attractive stone spiral staircase descends to three double bedrooms, all with fitted wardrobes, one of which has an en-suite bathroom. There is an additional bathroom that serves the other two bedrooms. Also on this lower level, there is a games room with pool table and study area. This recreational area has an attractive stone fireplace and doors that lead out to a larger terrace that has a table tennis table.
The external arrangements include a large swimming pool and barbecue area, ideal for relaxing or entertaining. The landscaped gardens feature pathways as well as a blend of Mediterranean and tropical trees and shrubs. At the front of the property, there is a garage and a spacious courtyard with off-street parking and additional seating areas.
Set in a quiet residential area, this villa offers privacy while being close to beaches, restaurants, and amenities. This is a home for someone looking for quiet, space, and lasting views whether for holidays, rental investment, or full-time living, it offers a peaceful base in the beautiful Praia da Luz area of the Algarve.
Praia da Luz is located on the western side of the Algarve, just a 10-minute drive from the historic city of Lagos. It enjoys beautiful beaches, a relaxed pace of life, and excellent weather year-round.
The charming and traditional village of Luz is an ideal destination for families on holiday, as well as for those seeking a peaceful and secure place to live. Private schools and hospitals are just a 10-minute drive from the village centre, making it convenient for year-round living.
Originally a fishing village, Praia da Luz has grown into a welcoming, family-friendly community. While the area remains calm and laid-back, it is only 5 km from the lively city of Lagos known for its shopping, historic old town, and vibrant nightlife. There are good public transport connections to Lagos, and regular buses heading west toward Sagres. Faro International Airport is just a 50-minute drive away.
Garage
Fireplace
Swimming pool
Sea View
Energy Certificate: C.
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This Villa is located in Praia da Luz 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.