Immaculate 5 bedroom Villa for sale with panoramic and lake or river views in Sao Bras de Alportel, Algarve
1.5 hectares of glorious land with pool and gardens.
This magnificent property of generous dimensions, is set in a large plot of land in the serene hills of Serra do Caldeirao, just 4 km from the centre of Sao Bras de Alportel. This property is a unique opportunity to complete and personalise your residence in a natural setting of rare beauty.
The property can be purchased as-is - with foundations and garage structure already in place - or after structural completion, allowing you to take on the finishing and final design according ...
1.5 hectares of glorious land with pool and gardens.
This magnificent property of generous dimensions, is set in a large plot of land in the serene hills of Serra do Caldeirao, just 4 km from the centre of Sao Bras de Alportel. This property is a unique opportunity to complete and personalise your residence in a natural setting of rare beauty.
The property can be purchased as-is - with foundations and garage structure already in place - or after structural completion, allowing you to take on the finishing and final design according to your taste and needs.
For investors or those looking to develop a rural tourism project, the potential for expansion is exceptional, with the possibility of creating additional accommodation and communal areas.
The total area approved for the villa, terraces, garage and swimming pool is 580 m2, and can reach up to 2,000 m2 under the Rural Tourism regulations.
The architecture combines traditional Algarvian charm with contemporary comfort, presenting a carefully studied configuration to optimise the views and integration with the surroundings. The master bedroom, the open-concept living room and four guest bedrooms open onto large south-facing terraces with panoramic views over the lake and the hills. One of the bedrooms has been designed as a versatile family space, ideal for additional accommodation.
The swimming pool and barbecue area create an independent outdoor space for socialising.
The support house has a kitchen, dining area and bathroom, ideal for receiving guests.
The garage and technical area are integrated into the hillside, complemented by a carport at the entrance. The construction is being carried out in Light Steel Frame (LSF) by a local builder, guaranteeing high standards of energy efficiency and year-round comfort - cool in summer and cosy in winter.
The surrounding environment offers absolute tranquillity, total privacy and the opportunity to experience the authentic Algarvian rural lifestyle, while remaining close to all essential amenities.
The property also benefits from a borehole with a solar-powered pump, helping to reduce operating costs.
The installation of additional solar panels is simple, making the possibility of energy self-sufficiency realistic.
FEATURES:
Swimming pool with pool house Barbecue area Borehole with solar pump South facing Lake view Garage and carport Possibility of extension for rural tourism
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This Villa is located in Sao Bras de Alportel 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.