Inviting 2 bedroom Apartment for sale in Vilamoura, Algarve
The apartment is fully air-conditioned and double glazed throughout and has a great out door balcony with a view of the pool and ideal for enjoying the warmer evenings in the Algarve.
The 93m2 property comes furnished and includes 2 bedrooms, a bathroom, a bright and airy open-plan sitting and dining area. Large windows flood the space with natural light, creating a warm and inviting atmosphere.
With double glazing througho...
The apartment is fully air-conditioned and double glazed throughout and has a great out door balcony with a view of the pool and ideal for enjoying the warmer evenings in the Algarve.
The 93m2 property comes furnished and includes 2 bedrooms, a bathroom, a bright and airy open-plan sitting and dining area. Large windows flood the space with natural light, creating a warm and inviting atmosphere.
With double glazing throughout, the apartment ensures peace and quiet while maintaining a comfortable indoor climate year-round.
There is a large balcony, an ideal spot for alfresco dining, morning coffee, or simply unwinding while enjoying the serene views.
The property benefits from access to beautifully maintained communal gardens and a sparkling swimming pool, offering a private oasis to enjoy the Algarve sun.
Located in Vilamoura, this apartment is close to world-class golf courses, stunning beaches, and a wide array of dining and entertainment options.
Whether you're looking for a permanent residence, a holiday home, or a rental investment, this property ticks all the boxes.
Heating
Air conditioning
Built in Wardrobes
Pool
Garden
Communal pool
Shutters: Manual
Terrace
Furnished
Built year: 1991
Walking distance to beach
Energetic certification: C
Ownership: Private
Distance to airport: 24 kms
Distance to Marina: 3 kms
Distance to Golf: 3 Kms
Distance to Supermarket: 1 Km
Distance to beach: 4,5 kms
Distance to Restaurants: 500 m
Distance to Tennis: 1 Km.
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Where is this property?
This Apartment is located in Vilamoura 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.