Immaculate 4 bedroom Villa for sale with sea view in Santa Barbara de Nexe, Algarve
Overlooking the stunning Algarve coastline, this superb property comprises a welcoming hallway leading to a fully equipped kitchen and four spacious bedrooms, each accompanied by its own en suite bathroom. An additional bedroom with bunk beds offers versatility for guests or family.
The villa features a commodious living room adorned with a fireplace, seamlessly flowing into an adjacent dining area, both granting direct access to the expansive terraces and inviting pool.
Crafted with local materials, such as traditional Sa...
Overlooking the stunning Algarve coastline, this superb property comprises a welcoming hallway leading to a fully equipped kitchen and four spacious bedrooms, each accompanied by its own en suite bathroom. An additional bedroom with bunk beds offers versatility for guests or family.
The villa features a commodious living room adorned with a fireplace, seamlessly flowing into an adjacent dining area, both granting direct access to the expansive terraces and inviting pool.
Crafted with local materials, such as traditional Santa Catarina tiles adorning the terraces and roofs, the villa exudes a charming, authentic ambience. The ground floor, tiled with Santa Catarina tiles, imbues a cosy and indigenous feel throughout.
Notably, the villa boasts unparalleled panoramic sea views and sweeping vistas of the Algarve coast, whether savoured from the remarkable covered terrace beside the pool or from any of the other outdoor spaces.
Adjacent to the house lies a lush garden adorned with mature trees, offering the potential for an office or gym conversion. Additional amenities include a 'Lavanderia' and a capacious garage, complemented by outdoor parking spaces. Air conditioning and underfloor heating further enhance the comfort of the residence.
Set in a secluded cul-de-sac, this villa promises a myriad of delights, meticulously maintained and tastefully decorated and enjoys proximity to all amenities just a few kilometres from the town centre of Loule, yet ensconced in tranquility.
With easy reach to the A22 and a mere 20 minute drive from Faro International Airport, as well as 3 minutes from the nearest shopping area at MAR Shopping in Loule, this location seamlessly blends convenience with serenity.
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This Villa is located in Santa Barbara de Nexe 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.