Authentic 3 bedroom Villa for sale with sea view in Sao Bras de Alportel, Algarve

665,000 EUR 571,900 GBP 718,200 USD

Reference: 244784

Bedrooms: 3
Bathrooms: 3
Floor Size: 200 m2
Plot Size: 850 m2

Features

Roof Terrace
Garden
Private Pool
Air Conditioning
Fireplace
Sea View
Parking

Details

Ideally located in a quiet area near the heart of Sao Bras de Alportel, is this charming traditional 3 bedroom villa with pool and garden enjoying sea views from the roof terrace.

Situated 4 km from the centre of Sao Bras de Alportel and 4 km from Santa Barbara de Nexe.

The living and dining room is oriented South West and gives direct access to the garden. This is a huge room and can be increased by a supplementary opening to the kitchen in order to have an open living- dining- kitchen area.

Behind the kitchen is a pantry for storage, which can be used as a utility room.

The hallway leads to 3 bedrooms, one en suite and the other 2 with a communal bathroom. There is also another room which is currently used as a utility room which can be a bedroom en suite, leading to the swimming pool and the garden.

The house has air-conditioning throughout as well as gas central heating. In the living room there is a wood burner and there are solar panels for hot water.

From the swimming pool one can see a small sea view. There is also an outside kitchen, a nice garden on the front of the house with fruit trees and a stair leading to the roof terrace offering sea views.

This property is completely fenced and surrounded by very beautiful villas.

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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.