Architect Designed 4 bedroom Villa for sale in Porto de Mos, Algarve

2,900,000 EUR 2,494,000 GBP 3,132,000 USD

Reference: 237423

Bedrooms: 4
Bathrooms: 5
Floor Size: 223 m2
Plot Size: 1,520 m2

Features

Balcony
Terrace
Gym
Hot Tub or Sauna
Air Conditioning
Fireplace
Renewable Energy
Parking
Garage
Good Condition

Details

Extremely well designed 4 bedroom futuristic villa, which has been beautifully designed by renowned architects, with a total spacious living area of 223m2, with a very modern and industrial feel, with exposed iron pillars both inside and out.

With great care taken to maximise the use of outdoor and indoor spaces, this amazing villa is ideally situated within a highly sought after area of
Porto de Mos and close to the centre of town and the beach and with lovely views.

Ground floor: entrance hall, guest WC, living room with a beautiful wooden floor and a dining room with an exquisite glass floor. Down a few steps to a top of the range open plan kitchen with high tech SMEG appliances. There is also access onto a covered terrace with lovely views off the living room and a summer kitchen area and a covered patio with a barbecue area.

First floor: bedroom 1 with a dressing area, en-suite open plan bathroom with a bath and shower, terrace with beautiful views. Bedroom 2 with a dressing area and en-suite shower room. Bedroom 3 with an en-suite shower room. Bedrooms 2 and 3 share a nice terrace.

Lower floor: 4th bedroom with an en-suite, gym, sauna, shower room, double garage (pre installation to charge electric cars), technical room ready for CCTV cameras, storage, laundry with sink.

Lower patio houses a 6 person Jacuzzi.

Front garden: 10 x 4.5m heated swimming pool with an automatic cover.

Deck surround, very ample and offering beautiful views.

The garden is very carefully landscaped, with different areas, Portuguese stone driveway, extensive deck, lawns, beautiful palm trees, gravel, stone, luxurious plants.

The summer kitchen with sink and barbecue is prepared for gas or electricity, at clients choice.

Interior roller blinds
Fireplace in the living room
Air conditioning
Underfloor heating
Solar system
2 pumps for renovation of air
Central vacuum
Automatic irrigation
Sauna + Jacuzzi
Gym
Laundry
Technical rooms
Led lights in and out
220m2 habitable area on 2 floors + 170m2 basement.

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Portugal Property Buying Guide

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.