Immaculate 4 bedroom Villa for sale with sea view in Santa Barbara de Nexe, Algarve

960,000 EUR 825,600 GBP 1,036,800 USD

Reference: 247246

Bedrooms: 4
Bathrooms: 4
Floor Size: 200 m2
Plot Size: 390 m2

Features

Balcony
Terrace
Roof Terrace
Garden
Private Pool
Air Conditioning
Fireplace
Sea View
Pool View
Quiet Area
Parking
Good Condition
New Build or Off Plan

Details

Stunning new 4 bedroom luxury villa with pool and garden, enjoying sea views from the roof terrace, ideally located near the beach and all amenities in a peaceful area of Santa Barbara de Nexe.

The condominium it is set in only has 10 properties. It is secure and easy to lock up with a modern system of air circulation and a marvellous view of the Ocean.

On the ground floor, there is a huge living room-dining room- open kitchen with a wood fireplace and a guest WC. There are a lot of cabinets in the kitchen and lots of built-in cabinets throughout the house. In the kitchen, there is a dishwasher, a washing machine and a dryer, an American fridge, a microwave oven and a cooking oven as well as an electric hob. The central island is huge and very useful.

From the kitchen there is access to a wooden terrace on the north side of the house, and from the kitchen and the dining-living room, one can access, through huge sliding windows, the south terraces and the swimming pool.

The roof terrace where a kitchen island of polished concrete has been installed with a sink, can be accessed from the kitchen.

On the first floor there are 4 bedrooms: 3 bedrooms en-suite of which 2 with a beautiful sea view and a fourth bedroom with a separate bathroom with bath.

The whole house is very bright. There is a technical room with a hot water reservoir of 300L and a system of air ventilation. It has air-conditioning throughout and is perfectly insulated.

There is the possibility of a car-port.

This villa is located in Santa Barbara de Nexe, where there are all kinds of amenities and services, such as supermarkets, cafes, pastry shops, markets and schools. It is a 20 minute drive to the beach, and 10 minutes from the centre of Loule.

There are private health services such as Hospital de Loule or Clinica Particular do Algarve in Gambelas Faro, about 15 minutes away. Easy access to the A22 highway, about 20 minutes from Faro International Airport, and 6 minutes from the closest shopping area (MAR Shopping), in Loule.

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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.