Immaculate 4 bedroom Villa for sale with panoramic and sea views in Boliqueime, Algarve
Offering superb views of the Algarve coastline from Faro to Lagoa, this superb property was designed for fluidity throughout the house, connecting the exterior with the interior. It maintains a balance between modern and rustic, through a meticulous choice of materials, choice of colours, spacious areas and large windows.
Upon entering the house, there is a spacious and bright living and dining room with high ceilings which offer a greater sense of dimension and natural ...
Offering superb views of the Algarve coastline from Faro to Lagoa, this superb property was designed for fluidity throughout the house, connecting the exterior with the interior. It maintains a balance between modern and rustic, through a meticulous choice of materials, choice of colours, spacious areas and large windows.
Upon entering the house, there is a spacious and bright living and dining room with high ceilings which offer a greater sense of dimension and natural light throughout the area.
The kitchen is separate from the social areas, fully equipped with top-of-the-range materials and an island, and has direct access to the outside with exceptional views.
The bedrooms are in a more secluded area, for more privacy and comfort. The 4 bedrooms, two of them en suite, are large, with built-in wardrobes, large windows and wooden floors. The master bedroom has a small internal patio.
Designed to be a family home, in addition to the fantastic garden and private parking, there is a surprising cinema room in the basement, with excellent sound and image systems.
Located within walking distance of all kinds of services and amenities and 30 minutes from Faro International Airport.
FEATURES:
4 bedrooms Equipped kitchen Swimming pool Cinema room Basement Garden Private parking
Features
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Where is this property?
This Villa is located in Boliqueime 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.

