Immaculate 3 bedroom Villa for sale with sea view in Santa Barbara de Nexe, Algarve
It offers convenient access to the beautiful beaches of Central Algarve, and Faro airport.
Part of a small condominium of 10 houses, it provides a friendly community, making it easy to lock up and travel whenever needed.
A new, modern, and well-insulated build, the house boasts a beautiful sea view and features 3 bedrooms and 4 bathrooms.
The ground floor consists of a spacious living room, dining area, and open kitchen, complete with a wood fireplace and g...
It offers convenient access to the beautiful beaches of Central Algarve, and Faro airport.
Part of a small condominium of 10 houses, it provides a friendly community, making it easy to lock up and travel whenever needed.
A new, modern, and well-insulated build, the house boasts a beautiful sea view and features 3 bedrooms and 4 bathrooms.
The ground floor consists of a spacious living room, dining area, and open kitchen, complete with a wood fireplace and guest WC. The kitchen is equipped with numerous cabinets, a dishwasher, washing machine, dryer, fridge, microwave oven, cooking oven, and an electric hob. A large central island adds functionality.
From the kitchen, one can access a wooden terrace on the north side, perfect for enjoying fresh air on hot summer evenings. The kitchen, dining, and living areas open onto south-facing terraces and the swimming pool through large windows.
There's also access to a roof terrace with a polished concrete kitchen island, sink and spectacular 360 degree views.
The first floor comprises 3 bedrooms, 2 of which are en suite, with the master suite offering stunning sea views. The property is exceptionally bright throughout, and additional features include a technical room with a 300L water reservoir.
It is fully air-conditioned and perfectly insulated, with the option to add a carport. This high-quality home, with top-notch finishes and materials, is an opportunity not to be missed.
This villa is located in Santa Barbara de Nexe, where there are all kinds of amenities and services, such as supermarkets, cafes, pastry shops, markets and schools. It is a 20 minute drive to the beach, and 10 minutes from the centre of Loule.
Private health services such as Hospital de Loule or Clinica Particular do Algarve in Gambelas Faro, are about 15 minutes away. Easy access to the A22 and about 20 minutes from Faro International Airport, and 6 minutes from the closest shopping area (MAR Shopping), in Loule.
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This Villa is located in Santa Barbara de Nexe 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.