Stylish 4 bedroom Villa for sale with countryside view in Bensafrim, Lagos, Algarve
This lovingly restored family home offers a modern and comfortable living space with 4 spacious bedrooms and 3 beautifully appointed bathrooms, one of which is en-suite. It boasts a total house area of 186m2 on a generous land area of 180m2.
Featuring an array of modern conveniences such as air conditioning, a Fogo Montana wood burner, and double glazed windows, as well as a newly fitted pellet burner for additional comfort for those cooler months. The fully equipped kitch...
This lovingly restored family home offers a modern and comfortable living space with 4 spacious bedrooms and 3 beautifully appointed bathrooms, one of which is en-suite. It boasts a total house area of 186m2 on a generous land area of 180m2.
Featuring an array of modern conveniences such as air conditioning, a Fogo Montana wood burner, and double glazed windows, as well as a newly fitted pellet burner for additional comfort for those cooler months. The fully equipped kitchen is a chef's dream, complete with a dishwasher, washing machine, and refrigerator.
Outside is a wonderful enclosed rear patio area set up as a solid all-weather area with decking and a built-in barbecue, perfect for entertaining guests.
The garage provides space for parking, but is currently being used as a home office. In the surrounds the countryside and village views provide a picturesque backdrop.
Conveniently located just 10 minutes from Lagos town centre, this property offers easy access to various amenities such as shops and local markets, golf courses, and the beach - all within a short distance. This comfortable home is not only charming but also energy-efficient.
Don't miss this opportunity to own a piece of traditional village life in a very popular area.
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This Villa is located in Lagos 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.