Stunning 6 bedroom Villa for sale with sea view in Santa Barbara de Nexe, Algarve

2,395,000 EUR 2,059,700 GBP 2,586,600 USD

Reference: 246823

Bedrooms: 6
Bathrooms: 8
Floor Size: 684 m2
Plot Size: 0.4 hectares / 0.99 acres

Features

Good Condition
Balcony
Terrace
Garden
Private Pool
Gym
Air Conditioning
Fireplace
Sea View
South Facing
Private
Parking

Details

Absolutely stunning 3 storey, 6 bedroom luxury villa with gym, nestling in an acre of beautiful landscaped gardens with pool, while enjoying panoramic sea views from its
location near all amenities in Santa Barbara de Nexe.

This classically styled property was built in 2001 to a high standard. It is completely fenced with electric gates and a video door entry system to ensure privacy.

The low maintenance garden and patio spaces are private, not overlooked and include a water feature fountain with koi carp. A two-vehicle carport and a portico entrance give adequate shade for several vehicles.

The ground floor features a large dining room with a vaulted ceiling and a double-aspect wood burner unit which also serves the adjacent living room. The fully equipped kitchen has Bosch appliances and connects both to the outside breakfast terrace and to the dining room. Doors are in hardwood and floors use high-quality ceramics.

There are currently six bedrooms, each with an en-suite bathroom and two further bathrooms. Every bedroom has a sea view and direct access to a south-facing terrace or patio.

Currently, the basement layout includes a gym and a library room with pool table and TV. Each level is capable of being self-contained to offer possibilities of a separate floor for owners, guests, family, or staff.

The 9m x 4m heated pool sits on the main patio in front of a glazed sun room with bi-fold doors.

The property is connected to mains drainage and to mains water, there is a private borehole and cisterna to provide and store water to feed the automatic irrigation system for the garden.

There is a direct high-speed fibre internet connection to the house and distributed Wi-Fi with capabilities of up to 1gbps. IPTV and VoIP functioned faultlessly for the past 20 years.

Show Map

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.