Inviting 3 bedroom Villa for sale in Quarteira, Algarve
Upon entering the villa, on the ground floor to the right is a guest wc and the first double bedroom with en-suite and built-in wardrobes. To the left of the entrance is a fully fitted and equipped kitchen with lit cupboard space and breakfast nook area which leads into the dining area and large open plan sitting room with fireplace where the natural light flows through to this space. From the kitchen there i...
Upon entering the villa, on the ground floor to the right is a guest wc and the first double bedroom with en-suite and built-in wardrobes. To the left of the entrance is a fully fitted and equipped kitchen with lit cupboard space and breakfast nook area which leads into the dining area and large open plan sitting room with fireplace where the natural light flows through to this space. From the kitchen there is access to small courtyard which leads to a storage room and further on is a lockable garage with more storage.
On the first floor is the master room with en suite bathroom boasting a large walk-in shower and underfloor heating. The other double bedroom also has an en suite bathroom with separate bath and shower. Both bedrooms are separated by a large terrace (great for catching the afternoon sun) that overlooks the pool and garden area.
As well as having a private swimming pool and garden, there is access to the communal swimming pool and garden area.
This property is a great investment and would serve as a spacious, comfortable family home.
Vilamoura, located in the Algarve region of Portugal, is a renowned resort town known for its upscale amenities and vibrant atmosphere. Nestled along the southern coastline, Vilamoura is celebrated for its marina, one of the largest in Europe, where luxurious yachts, shops, restaurants, and bars line the waterfront. The town boasts world-class golf courses, attracting avid golfers from around the globe.
Visitors can explore beautiful beaches, such as Falesia Beach, and enjoy a range of water sports and outdoor activities. With a plethora of high-end hotels, fine dining establishments, and a lively nightlife scene, Vilamoura offers a sophisticated and leisurely retreat for those seeking a luxurious coastal experience in the Algarve.
Heating
Air conditioning
Under floor heating
Fireplace
Built in Wardrobes
Modern Kitchen
Modern Bathrooms
Garden
Private Pool
Communal pool
Private Garden
South Facing
Shutters: Electric
Terrace
Garage
Furnished
Built year: 2016
Private condominium
Security alarm
Energy certification: B
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 Villa is located in Quarteira 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.