Modern 3 bedroom Villa for sale with panoramic view in Santa Barbara de Nexe, Algarve

1,285,000 EUR 1,105,100 GBP 1,387,800 USD

Reference: 247454

Bedrooms: 3
Bathrooms: 4
Floor Size: 305 m2

Features

Garage
Air Conditioning
Golf Resort or Nearby
Roof Terrace
Private Pool
Panoramic View
Walk to Amenities
Contemporary Style
Good Condition

Details

Stunning, modern 3 bedroom luxury villa with roof top pool, enjoying panoramic views from its ideal location near all amenities in the heart of
the picturesque village Santa Barbara de Nexe.

Finished with quality materials and good taste, the entrance leads to a huge open space living and dining room of 80m2 with a welcoming and very spacious open plan modern kitchen having all necessary appliances and a lot of cabinets.

A modern "loft style" lift connects all levels from the ground floor to the rooftop terrace.

On the first floor are 3 large en-suite bedrooms each with built in wardrobes, big windows and high ceilings and a separate bathroom. The bathrooms are very spacious with a lot of natural light. A staircase with steps embedded in the wall covered in wood gives access to a large rooftop with amazing panoramic views of Santa Barbara de Nexe and Algarve beaches.

It has a huge living area of 305 m2, easy to live right in the centre of the marvellous typical village of Santa Barbara where all the shops are open during the whole year.

Just a 15 minute drive from Faro International Airport, Algarve's beautiful beaches and the best golf courses.

There are tiles on the ground and on the walls of the bathrooms and the ceilings are very high. Insulation is on the walls internally but also externally as well as the roof. All the windows and external doors are of high quality and are with tilt and turn opening.

A garage for one car, a utility room, underfloor cooling and heating air conditioning pre-installed throughout, solar panels for hot water, a water tank of 300L and the possibility of having a fireplace, are all features of this stunning property.

The salt water swimming pool is on the top roof terrace with barbecue area and the terrace is surrounded by a glass balustrade with inox.

There is a staircase with steps embedded in the wall and covered with wood, a lot of cabinets in all the rooms, shutters for all the windows and blinds on the windows of the ground floor.

Private health services such as Hospital de Loule or Clinica Particular do Algarve in Gambelas, are about 15 minutes away. It has easy access to the A22 and is about 20 minutes from Faro International Airport, and 6 minutes from the closest shopping area (MAR Shopping), in Loule.

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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.