Luxury 5 bedroom Villa for sale with panoramic view in Vilamoura, Algarve
This stylish and spacious 776m2 contemporary property was built in 2023 and seamlessly blends modern comfort with state-of-the-art technology to create a sophisticated yet welcoming residence.
Set on a generous 2,394 m2 plot w this property has been designed with meticulous attention to detail and superior quality finishes throughout.
An impressive entrance hall opens onto lovely views of the garden, pool, and golf course.
The ground floor social area includes:
A spacious living room
Elegant dining area
Fully equipped modern kitche...
This stylish and spacious 776m2 contemporary property was built in 2023 and seamlessly blends modern comfort with state-of-the-art technology to create a sophisticated yet welcoming residence.
Set on a generous 2,394 m2 plot w this property has been designed with meticulous attention to detail and superior quality finishes throughout.
An impressive entrance hall opens onto lovely views of the garden, pool, and golf course.
The ground floor social area includes:
A spacious living room
Elegant dining area
Fully equipped modern kitchen
One en-suite bedroom
Upstairs:
Three luxurious suites, each with access to private terraces.
The master suite stands out with its exclusive terrace featuring a private Jacuzzi and panoramic golf views.
Basement:
Garage with space for multiple vehicles
Fully equipped gym
Sauna
Laundry room
Ample storage areas
There is also an independent, fully furnished and equipped apartment with direct access to the garden and pool - ideal for guests or staff.
A superior rooftop terrace with outdoor kitchen offers impressive views over the Millennium Golf Course.
Features include:
Lift (elevator)
Air conditioning
Underfloor heating
Alarm system
Double-glazed windows
Solar and photovoltaic panels with battery storage
Integrated interior and exterior sound system
Outdoor Living:
The landscaped, low-maintenance garden includes multiple fruit trees, a 14x4m heated saltwater swimming pool with retractable cover, and a dedicated barbecue area - perfect for entertaining family and friends.
This unique property represents a true luxury retreat, combining innovative architecture with a prime location in the heart of the Algarve.
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This Villa is located in Vilamoura 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.