Immaculate 4 bedroom Villa for sale with panoramic view in Vilamoura, Algarve
Set in a highly sought-after area, this superb property offers the perfect blend of privacy and convenience with the vibrant Old Village just a short stroll away, complete with its charming restaurants and cafes.
The Marina and beach are also within easy reach, making this an ideal base for enjoying the very best of the coastal lifestyle.
Inside, the home is designed for both relaxed family living and effortless entertaining. All four bedrooms are en-suite, offering comfort ...
Set in a highly sought-after area, this superb property offers the perfect blend of privacy and convenience with the vibrant Old Village just a short stroll away, complete with its charming restaurants and cafes.
The Marina and beach are also within easy reach, making this an ideal base for enjoying the very best of the coastal lifestyle.
Inside, the home is designed for both relaxed family living and effortless entertaining. All four bedrooms are en-suite, offering comfort and privacy for family and guests alike.
The spacious living and dining areas are anchored by a striking fireplace, while an additional first-floor living room provides a second space to unwind. For those who love to host or simply enjoy downtime at home, a dedicated games room and gym area add further versatility.
Step outside to beautifully landscaped garden surrounds, the swimming pool and a luxurious 7-person Jacuzzi, while the outdoor dining area with built-in barbecue is perfect for al fresco entertaining against a backdrop of golf course views.
This home offers solar panels and energy efficiency combining an unbeatable front line golf position with walking-distance access to the Old Village's amenities, this home is a rare opportunity for those seeking comfort and location in equal measure.
Distance to airport: 24 kms
Distance to Marina: 3 kms
Distance to Golf: 1 Km
Distance to Supermarket: 1 Km
Distance to beach: 5 Kms
Distance to Restaurants: 1 Km
Distance to Tennis: 1 Km
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Where is this property?
This Villa is located in Vilamoura 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.