Luxury 4 bedroom Villa for sale with sea view and countryside view in Estoi, Algarve
This beautifully maintained luxury property, with the feeling of connecting inside to the garden, with superb terraces leading from the tall sliding patio doors from the modern streamline kitchen with a dining room and a lovely sitting area with views across the garden and the inviting pool.
Benefiting from a great basement with additional double bedroom and potential games/cinema room, the first floo...
This beautifully maintained luxury property, with the feeling of connecting inside to the garden, with superb terraces leading from the tall sliding patio doors from the modern streamline kitchen with a dining room and a lovely sitting area with views across the garden and the inviting pool.
Benefiting from a great basement with additional double bedroom and potential games/cinema room, the first floor offers 2 double suites with built in wardrobes and a stunning master bedroom with open plan bathroom.
Glass and light just pours throughout the house. Large open deck terrace from the first floor. Beautiful enclosed private plot.
Access to the property is very good via a local village tarmac country road, and onto a short lane to the property, electric gates access the fully fenced and walled plot with an ample parking area. The plot is mature with lush landscaped gardens and beautiful rich green lawns.
An impressive entrance hallway leads into a large, bright modern open plan dining room with an elegant modern seamless fitted kitchen with a central island/breakfast bar, integrated appliances and white Silestone work-tops. Floor to ceiling sliding patio doors access this wonderful outside dining raised terrace and access to a sunken seating area, just allowing you to take in the garden and this truly calming setting, To the side of the kitchen there is a family cloakroom and an internal staircase leading to the basement.
With an open plan living area, again with a panoramic window overlooking the pool terrace and gardens.
The first floor: open tread staircase with glazed panels allow access to the first-floor accommodation comprising of a gallery landing leading to the roof terrace with open views over the surrounding countryside and distant ocean views and, 2 good sized double bedroom suites with integrated wet rooms accessing through quality fitted wardrobes, both bedrooms have patio doors and open on to connecting east balcony. The master bedroom is located to the end of the hallway maximising its splendid view across the garden and the pool area, offering spacious bedroom with open plan bathroom with feature free standing tub. Fitted wardrobes and patio door opening onto the east facing balcony.
Basement/lower ground floor: a great use of space with potential to make great use to create a games room/cinema room or a second living room to create a self-contained apartment. Double bedroom with fitted wardrobes and, stunning panoramic window overlooking the pool terrace and gardens. separate wet room, a laundry area and direct access to the garden/pool terrace.
Outside: beautifully manicured irrigated and illuminated gardens, set around a large private swimming pool terrace with various relaxing and sunbathing areas, the pool benefiting from being heated by a solar electric cover.
The property also offers a superb annexe. currently used as a fully equipped gym, an office and bathroom. All of which could be converted into a self-contained overflow annexe, with bedroom bathroom and sitting room or, for the more creative. A superb arts or music studio (subject to local planning consent).
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This Villa is located in Estoi 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.