Spacious 3 bedroom Villa for sale with countryside and sea views in Faro, Algarve
Set on a serene hillside overlooking the stunning Algarve coastline, this exquisite property offers a private retreat just 10 minutes from shops and amenities and 20 minutes from the nearest beach, blending convenience with tranquil rural charm.
A gravel parking area leads to the main entrance of the villa where there is a welcoming lobby with a practical cloakroom. To the left is a fully equipped kitchen, while to the right unfolds the heart of the house, a spacious living room of over 60 m2 with ...
Set on a serene hillside overlooking the stunning Algarve coastline, this exquisite property offers a private retreat just 10 minutes from shops and amenities and 20 minutes from the nearest beach, blending convenience with tranquil rural charm.
A gravel parking area leads to the main entrance of the villa where there is a welcoming lobby with a practical cloakroom. To the left is a fully equipped kitchen, while to the right unfolds the heart of the house, a spacious living room of over 60 m2 with a cosy wood-burning stove and patio doors leading to a shaded terrace. This outdoor space overlooks the sparkling pool and offers uninterrupted coastal views.
The living room flows seamlessly into a dining area, which leads to an en-suite bedroom. Part of the generous living area could easily be converted into a fourth bedroom, adding versatility to the layout.
Upstairs are two further bedrooms, each with en-suite bathrooms and patio doors opening to sun terraces where stunning coastal views await.
Downstairs, the pool terrace offers a relaxing oasis with a barbecue area and a covered living room, perfect for relaxing with refreshments while enjoying the mesmerising scenery.
The centrepiece of this outdoor oasis is the beautiful garden with water features and the expansive heated pool with a large sun terrace. The property's spacious grounds feature low-maintenance landscaping with mature trees.
This villa offers tranquility with breathtaking views of the countryside and the sea.
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This Villa is located in Faro 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.