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.
This ultra modern state of the art design is one of the architect Vasco Vieira's most exciting projects to date. To be constructed to the highest possible standard and including all the latest ...
- Floor Size: 658 square metres
- Plot Size: 2,400 square metres (0.24 hectares / 0.59 acres)
- Bedrooms: 5
Charming, bright and spacious south-west facing villa, with a total living area of 160m2, ideally situated in a central location within walking distance to local amenities in Vilamoura. Set on...
- Floor Size: 160 square metres
- Bedrooms: 3
Absolutely stunning 5 bedroom villa, with a vast total living area of 550m2, ideally situated in a quiet setting in Almancil, set within a fully fenced private plot of 7,800m2 with a swimming pool and...
- Floor Size: 550 square metres
- Plot Size: 7,800 square metres (0.78 hectares / 1.93 acres)
- Bedrooms: 5
Very well presented, bright and spacious 3 bedroom villa with garden and private pool, located near the beach, golf and all amenities in Castro Marim. This attractive property is situated within t...
- Floor Size: 220 square metres
- Plot Size: 706 square metres (0.07 hectares / 0.17 acres)
- Bedrooms: 3
Very well presented traditional 3 bedroom villa with pool and garden, located near the beach and all amenities in Ferreiras. Situated in Urbanizacao dos Canais close to Albufeira city centre an...
- Floor Size: 204 square metres
- Plot Size: 631 square metres (0.06 hectares / 0.16 acres)
- Bedrooms: 3
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- Floor Size: 153 square metres
- Plot Size: 166 square metres (0.02 hectares / 0.04 acres)
- Bedrooms: 4
Ideally situated within the prestigious Palmares golfing resort', this luxury turnkey project for a spacious 4 bedroom villa, with the highest specifications, is beautifully designed by award winning ...
- Floor Size: 484 square metres
- Plot Size: 2,202 square metres (0.22 hectares / 0.54 acres)
- Bedrooms: 4
A bright and spacious 6 bedroom villa in a quiet and private location in a cul de sac close to Almancil, with swimming pool and offering comfortable living. The generous 340m2 property comes ...
- Floor Size: 340 square metres
- Plot Size: 500 square metres (0.05 hectares / 0.12 acres)
- Bedrooms: 6
This superb villa in a quiet area of Val do Lobo surrounded by mature trees in an elevated position with gorgeous ocean views. The traditional style villa with modern interior comes with just o...
- Floor Size: 367 square metres
- Plot Size: 1,275 square metres (0.13 hectares / 0.32 acres)
- Bedrooms: 3
Impressive classical style grand villa set in beautiful landscaped gardens. The attractive finishes include terracotta and wood floors, use of antique doors and state of the art kitchen.