Beautiful 5 bedroom Villa for sale with panoramic and countryside views in Alte, Algarve
This exceptional residence enjoys a commanding, elevated south-facing position on a generous 12,000m2 plot, showcasing views that stretch from Rocha da Pena in the east to the Monchique Hills in the west.
This superb property features five en-suite bedrooms, a spacious living area with a striking double-height timber-vaulted ceiling, and a bright dining room that opens onto a large covered terrace, perfectly oriented to the south. The fully fitted kitchen and practical utility room add to the ...
This exceptional residence enjoys a commanding, elevated south-facing position on a generous 12,000m2 plot, showcasing views that stretch from Rocha da Pena in the east to the Monchique Hills in the west.
This superb property features five en-suite bedrooms, a spacious living area with a striking double-height timber-vaulted ceiling, and a bright dining room that opens onto a large covered terrace, perfectly oriented to the south. The fully fitted kitchen and practical utility room add to the homes comfort and functionality.
Outside, several terraces surround the property, ideal for relaxation and for taking in the magnificent countryside scenery. The pool terrace includes a well-appointed pool house, while a separate, secluded terrace offers a private retreat. The recently resurfaced driveway leads to ample parking at the side of the house, preserving the unobstructed views.
Notable features include underfloor heating, air conditioning, pellet burners in both the sitting and dining rooms, built-in wardrobes, solar hot water, a gas boiler, water softener, thermal insulation, high-speed fibre optic internet, a heated swimming pool, borehole, soakaway system, irrigation system, and garden lighting.
Situated on a large south-facing plot just five minutes from the charming village of Alte with its array of amenities, this property is also only 20 minutes from the lively market town of Loule and 30 minutes from the coast and Faro Airport.
Offering privacy, tranquility, and convenient access to the entire Algarve, this remarkable home is for those seeking countryside elegance.
Distance to airport: 43 Kms
Distance to Marina: 6 Kms
Distance to Golf: 30 km
Distance to Supermarket: 5 Kms
Distance to Restaurants: 6.2 kms.
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This Villa is located in Alte 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.