5 bedroom Villa for sale with sea view with Income Potential in Sao Bras de Alportel, Algarve
The main house has been well maintained by the present owner, comprising of a ground floor with easy flowing rooms, main hallway, garage, wine cellar, utility room, open plan living room with dining area, patio doors accessing a covered terrace, and a modern fully fitted kitchen.
The property benefits from an inner hallway leading from the main living accommodation to the sleeping section comprising of 2 double bedrooms with fitted air-conditioning, a recently updated shared shower room, bedroom 3/off...
The main house has been well maintained by the present owner, comprising of a ground floor with easy flowing rooms, main hallway, garage, wine cellar, utility room, open plan living room with dining area, patio doors accessing a covered terrace, and a modern fully fitted kitchen.
The property benefits from an inner hallway leading from the main living accommodation to the sleeping section comprising of 2 double bedrooms with fitted air-conditioning, a recently updated shared shower room, bedroom 3/office with fitted wardrobes and air-conditioning, master bedroom with fitted wardrobes and direct access to the terrace and swimming pool. A family bathroom is adjacent.
The property benefits from air-conditioning throughout and additional wall mounted wafer heaters for the winter evenings.
External stairs lead to a good size attic/office/studio room with window and 2 additional rooms in the attic space of the roof.
Within the grounds is a registered building comprising of an old cottage in good condition but could benefit with a little updating. It comprises of a living room with kitchenette and log burner, fitted shower room, double bedroom and terrace with sea views.
Features
Location
Where is this property?
This Villa is located in Sao Bras de Alportel in Portugal
For security, the map shows the nearest town or village. Please get in touch for full details.
Search Location
Find Properties near Sao Bras de Alportel
Airports near Sao Bras de Alportel
![](https://maps.googleapis.com/maps/api/staticmap?center=37.152576000,-7.889052000&zoom=8&size=500x500&markers=icon:https://res.cloudinary.com/prestige-property-group/image/upload/new/icons/icon_map_home.png%7C37.152576000,-7.889052000&key=AIzaSyDeNTmxxIObH9mk1p2loIzt_KYciv_akqY)
More Luxury Properties
Similar Properties
Nearest Properties
Featured Properties
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.