Modern 4 bedroom Villa for sale with panoramic and sea views in Albufeira, Algarve
With a modern design and elegant lines, this 290m2 property stands out for its refined architecture, high-quality finishes and spacious interiors, which extend harmoniously into a landscaped garden with a private pool, Jacuzzi and barbecue area - perfect for enjoying moments with family or friends.
On the first floor, there is a bright open-plan social area with a living-dining room and fully equipped kitchen, with direct access to the terrace ...
With a modern design and elegant lines, this 290m2 property stands out for its refined architecture, high-quality finishes and spacious interiors, which extend harmoniously into a landscaped garden with a private pool, Jacuzzi and barbecue area - perfect for enjoying moments with family or friends.
On the first floor, there is a bright open-plan social area with a living-dining room and fully equipped kitchen, with direct access to the terrace and outdoor area.
On this floor there is also a comfortable suite with built-in wardrobes and a bathroom.
The second floor comes with three additional suites, all with built-in wardrobes and functional design.
The highlight is the roof terrace with panoramic sea views - ideal for relaxing at the end of the day.
The basement is a multifunctional space, with the potential to be adapted into a cinema room, gym, spa or additional living area. It also includes a garage for parking up to 3 vehicles.
Equipped with comfort and efficiency features, this villa has an air renewal system, underfloor heating and solar panels.
The swimming pool includes a dedicated childrens area, and the terrace offers stunning views of the Algarve coastline.
Located just a few minutes from the prestigious Pine Cliffs Resort and the Algarve and itss magnificent beaches, the villa also benefits from excellent accessibility to international schools, equestrian centres and golf courses.
Vilamoura International College is just 6 minutes away and Olhos de Agua Beach is less than 10 minutes away.
Faro International Airport is around 35 minutes away.
Plot Area: 647 m2 | 6,968 sq ft
Deployment Area: 150 m2 | 1,615 sq ft
Building Area: 290 m2 | 3,122 sq ft
Bedrooms: 4
Bathrooms: 5
Garage: 3
Energy efficiency: A+
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This Villa is located in Albufeira 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.