Renovated 3 bedroom Townhouse for sale in Vilamoura, Algarve
Located in an exclusive residential area, this 184m2 property has been fully modernised and tastefully decorated by an interior designer, providing comfort, sophistication and warmth - the ideal refuge for those looking for a contemporary yet warm home in the heart of the region.
Equipped with an advanced home automation system, it allows remote control of lighting and air conditioning, ensuring convenience and state-of-the-art technology for a simple and intuitive daily life.
On t...
Located in an exclusive residential area, this 184m2 property has been fully modernised and tastefully decorated by an interior designer, providing comfort, sophistication and warmth - the ideal refuge for those looking for a contemporary yet warm home in the heart of the region.
Equipped with an advanced home automation system, it allows remote control of lighting and air conditioning, ensuring convenience and state-of-the-art technology for a simple and intuitive daily life.
On the ground floor, the entrance leads to a large, bright living room with a fireplace, a fully equipped modern kitchen and a guest wc with a laundry area.
The large windows open onto an outdoor terrace with a barbecue area and an exclusive outdoor cinema.
The first floor provides two cosy bedrooms, one of them en suite, a second bathroom and a terrace overlooking the surrounding nature.
On the second floor, there is a spacious office with panoramic views of the golf course, easily adaptable to an additional bedroom, accompanied by a large private terrace ideal for relaxing.
Finally, the basement offers an additional bedroom with dressing room and en-suite bathroom, as well as a garage.
The condominium also has a communal swimming pool, strategically positioned to ensure tranquillity and privacy.
Surrounded by green areas and an atmosphere of absolute serenity, this villa is located just minutes from Vilamoura Marina, superb beaches, prestigious golf courses, the international college and a selection of excellent restaurants.
This property presents an excellent combination of comfort, exclusivity and the modern Algarve lifestyle.
CHARACTERISTICS:
Area: 184 m2 | 1,976 sq ft
Useful area: 137 m2 | 1,471 sq ft
Bedrooms: 3 /4
Bathrooms: 4
Energy efficiency: E
FEATURES:
Townhouse
3 floors plus basement
Furnished and decorated
Equipped kitchen
Swimming pool and communal gardens
Private terrace
Private condominium
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Where is this property?
This Villa is located in Vilamoura 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.