Authentic 5 bedroom House for sale with countryside view in Loule, Algarve
This villa is a gem, steeped in tradition yet fully renovated to preserve its original charm.
The ground floor welcomes you with a generous living and dining area featuring a cosy fireplace, a well-equipped kitchen, and an en-suite bedroom.
Ascend to the first floor to discover two more bedrooms, one of which is en-suite, along with a vibrant games room, a convenient laundry area, and another fully equipped kitchen with direct access to the outdoor dining space and barbecue.
Venture down to the bas...
This villa is a gem, steeped in tradition yet fully renovated to preserve its original charm.
The ground floor welcomes you with a generous living and dining area featuring a cosy fireplace, a well-equipped kitchen, and an en-suite bedroom.
Ascend to the first floor to discover two more bedrooms, one of which is en-suite, along with a vibrant games room, a convenient laundry area, and another fully equipped kitchen with direct access to the outdoor dining space and barbecue.
Venture down to the basement to find two additional bedrooms, a bathroom, a stylish wine cellar, and a sleek bar area.
Outside, the pool area is surrounded by a spacious terrace, offering the perfect setting for relaxation and entertaining amidst lush privacy.
Seize the opportunity to experience luxury living at its finest.
Share on Twitter / X
Share on Facebook
Share on Pinterest
Share on Email
PrintFeatures
Fees Paid By SellerLocation
Where is this property?
This House is located in Loule in Portugal
For security, the map shows the nearest town or village. Please get in touch for full details.
Search Location
Find Properties near Loule
Airports near Loule
More Luxury Properties
Similar Properties
Nearest Properties
Featured Properties
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.