Spacious 4 bedroom Villa for sale with panoramic view in Loule, Algarve
Set within a peaceful and picturesque environment, the property enjoys breathtaking panoramic views over the surrounding hills and countryside, offering a unique atmosphere of comfort and well-being.
Boasting bright and generous living areas approaching 300m2, it features excellent sun exposure, and a functional layout, designed to provide a harmonious and comfortable living experience, whether as a permanent residence or an elegant holiday home.
Inside, the spacious living room with fireplace stands...
Set within a peaceful and picturesque environment, the property enjoys breathtaking panoramic views over the surrounding hills and countryside, offering a unique atmosphere of comfort and well-being.
Boasting bright and generous living areas approaching 300m2, it features excellent sun exposure, and a functional layout, designed to provide a harmonious and comfortable living experience, whether as a permanent residence or an elegant holiday home.
Inside, the spacious living room with fireplace stands out, flooded with natural light and seamlessly connected to the dining area, creating a warm and sophisticated space for relaxation and entertaining.
The large fully equipped kitchen combines practicality and comfort, complemented by additional utility, storage, and laundry areas.
The four bedrooms are generously sized, including a comfortable en-suite bedroom, and are supported by several bathrooms that ensure convenience and privacy for both family and guests.
The property sits in over an acre of land, including an elegant private swimming pool with expansive terraces and leisure areas, creating the ideal setting to enjoy the Algarves sunny climate.
The outdoor spaces are perfect to enjoy relaxing, al fresco dining, and appreciation of the stunning surrounding landscape.
The mature landscaped gardens further enhance the sense of exclusivity and connection with nature.
Located just a few minutes from the centre of Loule, with easy access to the main roads, golf courses, beaches, and all regional amenities, this villa represents a rare opportunity for those seeking quality of life, privacy, and strong investment potential in the heart of the Algarve.
Air conditioning
Fireplace
Pool
Garden
Terrace
Garage
Furnished
Roof terrace
Security alarm.
Features
Location
Where is this property?
This Villa is located in Loule 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.
