Reference259470
Price2,697,500 EUR
Bedrooms3
Bathrooms4
Floor Space240.0m2
Land Area900.0m2
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Immaculate 3 bedroom Villa for sale with sea and panoramic views in Praia da Luz, Algarve

2,697,500 EUR
2,319,850 GBP3,129,100 USD
An exceptional opportunity to acquire a brand-new 3 bedroom contemporary villa with pool and garden, enjoying panoramic sea views from its prestigious location in the Monte Lemos area of Praia da Luz.

Designed to embrace the natural beauty of the Western Algarve, this three-bedroom residence combines architectural vision, refined materials, and modern engineering to create a sophisticated coastal home with lasting appeal.

The villa has been carefully conceived to maximise natural light, space, and connection with the surrounding landscape. Floor-to-ceiling glazing, generous ceiling heights, and expansive terraces create a seamless flow between elegant interiors and outdoor li...
An exceptional opportunity to acquire a brand-new 3 bedroom contemporary villa with pool and garden, enjoying panoramic sea views from its prestigious location in the Monte Lemos area of Praia da Luz.

Designed to embrace the natural beauty of the Western Algarve, this three-bedroom residence combines architectural vision, refined materials, and modern engineering to create a sophisticated coastal home with lasting appeal.

The villa has been carefully conceived to maximise natural light, space, and connection with the surrounding landscape. Floor-to-ceiling glazing, generous ceiling heights, and expansive terraces create a seamless flow between elegant interiors and outdoor living areas, framing views towards the Atlantic and capturing the essence of the Algarve lifestyle.

Designed for both comfort and contemporary living, this superb property features three en-suite bedrooms, including a private master suite, an open-plan living and dining area with a fully equipped kitchen, private swimming pool, landscaped gardens, rooftop terrace, and secure garage with private car elevator.

Premium finishes, underfloor heating, microcement flooring, and solar energy solutions reflect a commitment to quality, efficiency, and thoughtful design.

Located within easy reach of the beaches and amenities of Praia da Luz, with the historic town of Lagos just minutes away, the villa offers the perfect balance of tranquillity and convenience. Faro International Airport is less than an hours drive, ensuring easy access for international owners and guests.

This is a rare opportunity to secure a newly built contemporary residence in one of the Western Algarve's most sought-after locations. As the vision takes shape, buyers have the opportunity to become part of the journey towards a home where architecture, craftsmanship, and coastal living are brought together in perfect balance.

A distinctive Algarve residence, created for those who appreciate thoughtful design, exceptional quality, and life by the Ocean.

-Production of hot water using solar energy, with back up by heat pump and thermal accumulator tank

-Hydraulic underfloor heating

-Air conditioning by Multi-split system with ducts and grills

-Mechanical ventilation system with heat recovery

-Simple and configurable Home Automation system, controlling lighting, video intercom,blinds and heating

-CCTV system

-Smoke detection

-Alarm system - intrusion detection

-WiFi network

-Swimming pool with pre-installation for heat pump

-Garden - Mediterranean vegetation, native and sustainable with automatic irrigation

-Car lift elevator

Contact our Property Expert
Rebecca

Rebecca Ludlow

UK Office: +44 (0)1935 817188

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Features

Location

Where is this property?

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.