Character 5 bedroom Villa for sale with countryside view in Alcantarilha E Pera, Algarve

890,000 EUR 765,400 GBP 961,200 USD

Reference: 245825

Bedrooms: 5
Bathrooms: 3
Floor Size: 225 m2

Features

Single Storey
Balcony
Terrace
Garden
Land
Fruit Trees
Private Pool
Air Conditioning
Fireplace
Countryside View
Parking
Good Condition

Details

Nestling in over 4 acres of glorious land with gardens, pools and fruit trees, is this spacious and bright 5 bedroom single storey villa, enjoying far reaching countryside views from its peaceful location near all amenities in
Alcantarilha E Pera.

This rustic-style family property is surrounded by a stone wall, and entered via an iron gate and cobbled floor. It has large areas with lots of natural light, white walls and dark floors and a very distinctive decor that conveys the villa and its character.

The large entrance hall leads to the open-plan area, comprising a dining room and the inviting living room with fireplace. The kitchen, which is also large, is fully equipped, has plenty of storage space and a dining area.

All the bedrooms are spacious, with plenty of natural light thanks to their large windows, and all are equipped with air conditioning. One room has an en suite bathroom and a balcony.

In addition to the well-kept garden, there is an orchard full of fruit trees, an amazing outdoor dining area and two outdoor swimming pools: a smaller round one and a rectangular one connected to it by a small waterfall.

In an excellent location, in the peace and quiet of the countryside, but near to all kinds of services and amenities, as well as the beaches, and just 40 minutes away from Faro International Airport.

Five bedrooms Air conditioning Terrace Fireplace Orchard Swimming pools Garden.

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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.