Unique 7 bedroom Villa for sale with sea and countryside views in Quelfes, Algarve
This charming 19th century property combines the elegance of Algarvian tradition with the comforts of contemporary life. With seven suites, it offers the ideal space and privacy to welcome the whole family with refinement. The original architectural charm remains intact, enriched by a swimming pool that invites moments of leisure and relaxation.
Currently operating as a highly profitable vacation rental business, the interior has been designed to guarantee maximum v...
This charming 19th century property combines the elegance of Algarvian tradition with the comforts of contemporary life. With seven suites, it offers the ideal space and privacy to welcome the whole family with refinement. The original architectural charm remains intact, enriched by a swimming pool that invites moments of leisure and relaxation.
Currently operating as a highly profitable vacation rental business, the interior has been designed to guarantee maximum versatility. Whether it is for permanent residence, partial use with seasonal rentals or to maintain tourist operations all year round, this quinta offers a wide range of possibilities, combining profitability with a unique lifestyle experience.
The house retains its traditional white tones, enriched with hints of natural stone and wood, creating a welcoming and elegant atmosphere. It has seven independent suites, each designed as a small apartment, with a living room, bathroom and equipped kitchenette - perfect for ensuring the privacy and well-being of those who live there.
Outside, a large garden with fruit trees surrounds a saltwater swimming pool and a leisure area where it's easy to imagine relaxing afternoons in the sun.
From the second floor, a generous terrace offers open views of the countryside and the sea, the ideal setting for a quiet coffee or an unforgettable sunset.
Located just 10 minutes from the centre of Olhao, this property is an invitation to enjoy the serenity of the countryside while remaining close to the city and its beaches, restaurants and vibrant cultural life.
Whether as a tourist investment with great potential or as a family home, this property is an invitation to experience the Algarve with authenticity, comfort and a charm that never goes out of fashion.
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Where is this property?
This Villa is located in Quelfes 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.