Immaculate 2 bedroom Apartment for sale with sea view in Loule, Algarve
The 93m2 comprises of feature ceilings in the bright and spacious living and dining room, a modern fitted and equipped kitchen, 2 good size bedrooms with fitted wardrobes in the Master, and 2 bathrooms.
Owners encounter a brand-new lifestyle while enjoying exclusive access to five-star, contemporary facilities, including The Spa offering luxurious treatments, an Indoor-outdoor pool, a Jacuzzi, a cold plunge pool, speciality treatment rooms, a sauna, a steam room, and a relaxation zone featuring hot stone beds.
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The 93m2 comprises of feature ceilings in the bright and spacious living and dining room, a modern fitted and equipped kitchen, 2 good size bedrooms with fitted wardrobes in the Master, and 2 bathrooms.
Owners encounter a brand-new lifestyle while enjoying exclusive access to five-star, contemporary facilities, including The Spa offering luxurious treatments, an Indoor-outdoor pool, a Jacuzzi, a cold plunge pool, speciality treatment rooms, a sauna, a steam room, and a relaxation zone featuring hot stone beds.
Expanding onto a decking area, a platform overlooking the gardens features a zen space with sun loungers, for tranquil moments under the Portuguese sun.
Complemented by a rooftop yoga studio, a high-specification gym with state-of-the-art equipment, and multi-use sports courts like tennis and paddle to maintain an active lifestyle.
An outstanding restaurant serving high-quality dishes and a rooftop cocktail and tapas bar to soak up the incomparable 360-degree vistas.
Embrace the enchanting beauty of the night sky with exclusive access to The Observatory, equipped with a state-of-the-art 16-inch refractor telescope.
As one of the newest property developments in the Central Algarve, the resort comprises a rich collective of stylish one, two, three, and four apartments. Finished to an impeccable standard, each property building features an exclusive-use pool that spills gracefully onto an exquisitely crafted, landscaped outdoor space.
HIGH-QUALITY FINISHES
Architectural prowess prevails throughout the entire resort, the apartments are certainly a testament to this. Expertly fashioned exterior spaces combine with exquisite interior design and distinctive features, including abstract artworks and clean-lined fixtures and units.
Taking centre stage is an unwavering dedication to quality from resilient worktops to natural-hued ceramic flooring and floor-to-ceiling glass, every feature and finish has been prioritised.
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This Apartment is located in Loule 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.