Stunning 3 bedroom Villa for sale with sea view in Santa Barbara de Nexe, Algarve
2 acres of glorious landscaped gardens with pool.
A small country road leads to this lovely property set on the gentle hills, just 2 km from the centre of the village.
On arrival at the property there is no direct neighbour and the property is not overlooked by any other. To the South-East and to the South is the ocean. Towards the North, there are some gentle hills and towards the East, the land of this property extends itself which have been perfectly landscaped by the current owners.
It is only to the West that there are some...
2 acres of glorious landscaped gardens with pool.
A small country road leads to this lovely property set on the gentle hills, just 2 km from the centre of the village.
On arrival at the property there is no direct neighbour and the property is not overlooked by any other. To the South-East and to the South is the ocean. Towards the North, there are some gentle hills and towards the East, the land of this property extends itself which have been perfectly landscaped by the current owners.
It is only to the West that there are some neighbours, but far away. After the electric gate, there is a driveway going to the entrance door. A few steps from the hall is the bright living room with its huge windows facing the south and the ocean.
The living room is partly open to the dining room and the open kitchen. All around are high, double glazing windows which offer views of the ocean and lead out to the terrace with, on one side, a covered area and on the other side the swimming pool. From the terrace of the swimming pool is a superb sea view.
On the ground floor are 2 large bedrooms (one en-suite) with huge fitted wardrobes, and on the first floor, a huge master bedroom with a spacious en-suite bathroom and a big terrace oriented to the South-East.
There is also a basement with storage area and a garage which can be transformed into a 4th bedroom en-suite.
All has been renovated, the house has new double glazing windows, is insulated by an insulation layer on all walls, has new tiles, a new kitchen, new bathrooms, new air conditioning, and new alarm system.
There is a new swimming pool, new outside lights, new outside shade area, new terraces with new tiles, and landscaping of the large plot with beautiful flowers, plants and trees.
All rooms are bright and the 3 large bedrooms en-suite, the living room, dining room and kitchen are very spacious.
It is equipped with air-conditioning throughout, an alarm, an electric gate and a borehole. Mains water is at the road, but not connected.
The house is sold completely furnished with new furniture of good quality.
This is a home for permanent living but it can also be a perfect holiday house.
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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.