Luxury 4 bedroom Villa for sale in Quarteira, Vilamoura, Algarve

3,500,000 EUR 3,010,000 GBP 3,780,000 USD

Reference: 245050

Bedrooms: 4
Bathrooms: 6
Plot Size: 798 m2

Features

Balcony
Terrace
Garden
Private Pool
Golf Resort or Nearby
Outstanding View
Garage
Ultramodern Style
Good Condition

Details

Enjoying wonderful views over the golf course, is this fabulous
3 storey, 4 bedroom luxury villa with pool and garden, ideally located near the beach and all amenities in the heart of Vilamoura.

With spacious areas, this stunning property comprises of an
open-plan living and dining room with a fully fitted and equipped kitchen, an en suite bedroom and a service bathroom, on the ground floor. This whole floor has plenty of natural light due to its large windows in all rooms.

On the second floor are the three remaining en suite bedrooms, each with its own balcony with spectacular views over the garden and golf course, one of which is the master suite with walk in wardrobe.

The lower floor is for the garage with space for 5 cars, and also has a large living room, a service bathroom and a laundry room, ensuring convenience and space for your needs.

Outside there are ample leisure areas, a garden with a barbecue area for al fresco dining and a heated swimming pool with incredible views over the golf course.

In an excellent location, in the centre of Vilamoura, within walking distance of all kinds of amenities and services, close to the beach and Vilamoura Marina and just 30 minutes from Faro International

Garage: 5

FEATURES:

Four suites Walk in closet Equipped kitchen Home intelligence Garden Barbecue Heated swimming pool Garage Laundry room.

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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.