Algarve Villa For Sale
If you are lookin for an Algarve villa for sale, the Algarve in the southern part of Portugal (running from Cabo de Sao Vicente in the west to the Spanish border at Vila Real de Santo Antonio in the east) offers a huge range of beautiful villas for sale in the Algarve.
The main towns of the area are Faro, Albufeira, Portimao, Praia da Rocha and Lagos, all of which are replete with stunning property for sale, from small townhouses, cottages and apartments to large and exclusive Algarve villas for sale.
For those liking the smaller, quieter beaches and coves, Olhos D'Agua just east of Albufeira offers an almost perfect setting with sandy beach and rocky coves and a small village set in a ravine with excellent small restaurants which include a choice of fresh seafood. Use the links below to select your Algarve villa for sale. Carvoeira further west towards Portimao again offers a similar attractive setting though the village is a little larger. To the east of Faro is Tavira, an old, very historic town with fascinating buildings with unusual undulating roofs and several old churches plus a castle. We have many villas for sale in these areas of the Algarve. On the Spanish border is the holiday resort of Montegordo with a long sandy beach and pine covered dunes behind.
The Algarve inland has a great appeal to those wanting tranquillity, with many new and resale opportunities for those looking for a villa in the Algarve. The coastal plain is gently rolling with almonds, figs, vines, olives, cork trees etc. on reddish soils but behind there lies a range of mountains with the most excellent views and many small hill villages where villas, farmhouses, houses, apartments and more can be purchased at lower prices than Algarve property nearer the coast.
For yachting enthusiasts the new town of Vilamoura has a good yacht marina and adjacent is the seaside town of Quarteira with many restaurants, bars, etc. Golf courses in the area include Val de Lobo near Faro and Penina between Portimao and Lagos, but there are several other courses to choose from. Algarve villa for sale can be found on and near golf courses, off-plan, new builds and resale. Towns such as Silves, with its old castle and historic cathedral are well worth a visit.
The tiny hamlet of Caldas de Monchique, some 25 minutes' drive inland from Portimao, has a spa, several small restaurants and a very inexpensive small hotel just 5km below the town of Monchique perched right at the top of the mountains.
Guide to the Portugese Buying Process
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.
IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.
Grand, spacious and simply stunning 6 bedroom villa, which is ideally located within a quiet mature landscaped garden of 5,000m2 with an inviting swimming pool, situated on the outskirts of Vale do Lo...
- Floor Size: 1,218 square metres
- Plot Size: 5,000 square metres (0.50 hectares / 1.24 acres)
- Bedrooms: 6
Stunning and unique 4 bedroom villa, ideally situated in a quiet and private setting within a large mature plot of 16,240m2 with a swimming pool. With stunning sea views, this quiet paradise is...
- Floor Size: 350 square metres
- Plot Size: 16,240 square metres (1.62 hectares / 4.01 acres)
- Bedrooms: 4
Excellent 3 bedroom villa for sale located in Montinhos da Luz in the Western Algarve. Located just 5 minutes from one of the finest beaches in the Algarve, Praia da Luz, with its fine white sand, bea...
- Floor Size: 145 square metres
- Plot Size: 600 square metres (0.06 hectares / 0.15 acres)
- Bedrooms: 3
Grand and spacious 4 bedroom villa, ideally situated in a quiet setting within a commanding position, tucked discreetly in a corner and not overlooked. With a total living area of 372m2, featur...
- Floor Size: 372 square metres
- Plot Size: 1,490 square metres (0.15 hectares / 0.37 acres)
- Bedrooms: 4
Excellent 3 bedroom family villa with a total spacious living area of 165m2, ideally situated within a prestigious location on the Boavista Golf course, almost opposite the 1st tee and with lovely vie...
- Floor Size: 165 square metres
- Bedrooms: 3
Modern and spacious 5 bedroom townhouse, set within a mature private garden of 1,000m2 with a swimming pool, situated in a private condominium framed within beautiful gardens and just a few minutes wa...
- Floor Size: 550 square metres
- Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
- Bedrooms: 5
PRICE REDUCED - This outstanding property is perfectly situated within a private cul-de-sac of Quinta do Lago, enjoying views across the resort stretching towards the ocean. Offering a truly un...
- Floor Size: 750 square metres
- Plot Size: 3,200 square metres (0.32 hectares / 0.79 acres)
- Bedrooms: 5
Vast and beautifully presented 4 bedroom villa with a total living area of 510m2, set within a plot of 1,030m2 with a swimming pool, located in Varandas do Lago, which is a relatively new development ...
- Floor Size: 510 square metres
- Plot Size: 1,030 square metres (0.10 hectares / 0.25 acres)
- Bedrooms: 4
Currently going through the final stages of construction is this bright, modern brand new 5 bedroom villa in Vilamoura. It is ideally situated within a prestigious area in the Central Algarve,r...
- Floor Size: 450 square metres
- Plot Size: 1,365 square metres (0.14 hectares / 0.34 acres)
- Bedrooms: 5
Immaculate newly built 4 bedroom villa, with a total spacious living area of 472m2, set within an easy to maintain plot of 730m2 with a swimming pool and garage, ideally situated within a quiet and ex...
- Floor Size: 472 square metres
- Plot Size: 730 square metres (0.07 hectares / 0.18 acres)
- Bedrooms: 4