5 bedroom Villa for sale with sea and panoramic views in Vila Nova de Cacela, Algarve

3,500,000 EUR 3,010,000 GBP 3,780,000 USD

Reference: 233116

Bedrooms: 5
Bathrooms: 6
Floor Size: 500 m2
Plot Size: 0.27 hectares / 0.68 acres

Features

Garage
Turn Key Good Condition
Balcony
Terrace
Gym
Hot Tub or Sauna
Air Conditioning
Fireplace
Elevator
Sea View
Panoramic View
Parking

Details

Exceptional ultra modern and luxurious 5 bedroom villa nestling in over half an acre of glorious landscaped gardens with infinity pool and Jacuzzi, while enjoying breathtaking sea views from its ideal location near all amenities in Vila Nova Cacela.

This incredibly well designed property is peacefully nestled in the picturesque hills of the Eastern Algarve, the place where Jack Nicklaus fell in love with. Monte Rei Golf and Country Club, Jacks signature course, is renowned for being one of the best and most exclusive golf courses in Portugal, the home of European golf, where challenging players or all abilities and handicaps from around the world have attended since 2007.

Offering a stunning property from one of the Algarve's up and coming architects, this villa comprises a bright and spacious open plan living room, dining area and high-spec kitchen.

Floor to ceiling windows cover the span of the wall enabling you to overlook your private grounds, swimming pool and sea views - Spain can be seen from Tavira on a clear blue day which very few properties are able to boast.

Integrated appliances adjourn the high spec kitchen creating an elegant and sleek area. On the other side of the open space there is a feature fireplace for the cooler winter evenings.

Five bedrooms are spread throughout this luxurious villa, each comes with its own en-suite bathroom, fitted wardrobes and stunning, panoramic views of the Algarvian coastline and what will soon be the second best golf course in Portugal.

A Jacuzzi is on the upper terrace with the large infinity pool on the ground floor.

This terrace can be accessed from all rooms on this floor as they also have floor to ceiling windows which slide back providing total outdoor-indoor living. In addition to this, the basement will have a cinema room with its own WC, a gym, sauna, utility space and one of the en-suite bedrooms.

The underground garage has an electric charging point for cars or golf buggies making it energy efficient.

Extra features include an internal lift, air-conditioning, heating, alarm system, an external seating area around a fire-pit by the swimming pool, landscaped gardens, private driveway with a gated entrance and plenty of outdoor parking space.

Monte Gordo is ten minutes away and is a modern beach resort with a wide selection of bars, restaurants and shops.

Just a little further along the coast is Vila Real de Santo Antonio on the Portuguese border. As well as visiting the town itself with its beautiful marina and picturesque town plaza, Praca Marquis of Pombal, from here an easy and inexpensive ferry goes across the Guadiana River to Spain.

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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.