Bright 4 bedroom Villa for sale in Loule, Algarve
The villa's unique layout sits on a plot facing two streets, offering versatility and ease of access. The quiet surroundings and total privacy make this villa an ideal retreat from the hustle and bustle of city life.
Spanning three levels, this fully refurbished and exquisitely furnished villa boasts personalised decoration throughout. The layout is thoughtfully designed, featuring a suite in the basement, a suite on the ground floor, and two suit...
The villa's unique layout sits on a plot facing two streets, offering versatility and ease of access. The quiet surroundings and total privacy make this villa an ideal retreat from the hustle and bustle of city life.
Spanning three levels, this fully refurbished and exquisitely furnished villa boasts personalised decoration throughout. The layout is thoughtfully designed, featuring a suite in the basement, a suite on the ground floor, and two suites on the first floor, offering luxury and comfort.
There is white lacquered wood with vinyl flooring underneath.
The villa is a haven for entertainment. The basement is home to a fully equipped games room with billiards, ping-pong, and table football.
Outside, there is a heated swimming pool, ideal for relaxing in any season. For a touch of luxury, the second-floor terrace features a Jacuzzi for up to six people.
On the top terrace of the villa there is a viewpoint that provides excellent sea views.
The kitchen is a cooks delight, equipped with Bosch appliances, an LG American fridge freezer, and a cooking island with a hob and extractor fan. The laundry area is equipped with a washing machine and tumble dryer.
Outdoor Living:
The outdoor area is perfect for entertaining and enjoying the outdoors. A pergola, large enough to accommodate 10-12 people, is ideal for al fresco dining. An outdoor barbecue adds to the enjoyment of hosting gatherings. The villa also features a carport for up to three cars and with an 11 k
W electric car charger which ensures fast and efficient charging.
Technology and Security:
This villa is designed with modern technology in mind. With a video intercom system as well as controlling electric shutters, exterior lighting, and the alarm system all via mobile phone. There is an electric gate entry and also 18 exterior surveillance cameras.
Energy Efficiency and Comfort:
Solar panels provide hot water, reducing energy costs, while PVC window frames and electric shutters enhance energy efficiency and security. The villa's false ceilings with LED spotlights and crown molding with indirect lighting create a warm and inviting ambiance.
Distance to Marina: 1,5 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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This Villa is located in Loule 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.