Authentic 4 bedroom Villa for sale with panoramic and sea views in Loule, Algarve
4 bedroom villa with apartment, enjoying panoramic sea and countryside views from its peaceful location near Loule.
This charming traditional property combines privacy, generous accommodation, and beautiful sea views on a substantial 4,000 m2 terraced plot.
The property offers spacious living areas full of natural light and traditional character, a fully fitted modern kitchen, four comfortable bedrooms and three bathrooms.
A series of terraces provide the perfect places to relax, dine outdoors, and enjoy the panoramic views across the surrounding countryside to the sea.
On the lower ground f...
4 bedroom villa with apartment, enjoying panoramic sea and countryside views from its peaceful location near Loule.
This charming traditional property combines privacy, generous accommodation, and beautiful sea views on a substantial 4,000 m2 terraced plot.
The property offers spacious living areas full of natural light and traditional character, a fully fitted modern kitchen, four comfortable bedrooms and three bathrooms.
A series of terraces provide the perfect places to relax, dine outdoors, and enjoy the panoramic views across the surrounding countryside to the sea.
On the lower ground floor, a separate self-contained apartment offers excellent flexibility, providing ideal accommodation for guests or extended family, or the opportunity to generate rental income.
The extensive grounds are arranged over several levels, creating a variety of attractive outdoor spaces with mature trees, established gardens, and ample room for leisure or gardening. The terraced landscape enhances both the character of the property and its commanding views.
Ideally located close to the historic market town and county seat of Loule, with its shops, restaurants, amenities, and renowned weekly market, the property offers the tranquillity of country living while remaining within easy reach of the Algarve's beautiful beaches, golf courses, and Faro International Airport.
Features Traditional four-bedroom villa
Three bathrooms
Separate self-contained apartment
Approximately 4,000 m2 terraced plot
Panoramic sea and countryside views
Mature gardens and established outdoor areas
Peaceful rural setting close to Loule
Ideal as a permanent residence, holiday home, or investment opportunity.
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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.