Large Teaser
Reference248740
Price1,250,000 EUR
Bedrooms6
Bathrooms6
Floor Space0.0m2
Land Area2,470.0m2

6 bedroom Villa for sale with Income Potential in Sao Bras de Alportel, Algarve

1,250,000 EUR
1,075,000 GBP1,337,500 USD
Full of charm and character is this traditional 3 bedroom villa with separate cottage, pool and garden, located near all amenities in Sao Bras de Alportel.

This beautiful property was upgraded by its present owners many years ago to restore the traditional character and true living and years gone by.
From room to room flowing with history and tradition, words cannot really translate the true feel of this wonderful property.

At present it can offer various uses from being a large family home or a great rental/B&B investment.

Situated a short 15 minute drive from the main centre of Sao Bras De Alportel, within a local village where time stands still, is this detached ...
Full of charm and character is this traditional 3 bedroom villa with separate cottage, pool and garden, located near all amenities in Sao Bras de Alportel.

This beautiful property was upgraded by its present owners many years ago to restore the traditional character and true living and years gone by.
From room to room flowing with history and tradition, words cannot really translate the true feel of this wonderful property.

At present it can offer various uses from being a large family home or a great rental/B&B investment.

Situated a short 15 minute drive from the main centre of Sao Bras De Alportel, within a local village where time stands still, is this detached property sitting in enclosed private gardens with a stunning swimming pool.

Internally it comprises of a main reception area, study, dining room, living room with fireplace, 3 bedrooms, 3 bathrooms, and the additional potential of 2 further bedrooms. kitchen and utility room.

There is a wonderful roof terrace with Pergola overlooking the village.

Within the grounds is an additional stone-built cottage offering a bedroom, living room, kitchenette, and bathroom. Private access to the cottage if required. The single-storey property comprises of main double doors accessing the property into the reception area with a large open plan living room, with beamed wooden ceilings and log burner fire, and French doors access the south-facing garden.

From the living room there is access to a traditional working farmhouse kitchen and a door to the outside, double wooden doors lead from the kitchen into a regal structured dining room and lead into a study/smoking room. All flowing through perfectly.

Access to the east wing is via glass doors with a large walk-in family shower room, utility room, area for wine storage, a reception area, shower room, present library/bedroom with door leading out onto the terrace, inner hallway with maids laundry room/additional bedroom, hallway leading into a large second living room with fireplace and doors leading to the terrace.

There is a double bedroom with air-conditioning, master bedroom with additional sitting room with access to covered painting studio overlooking the mature garden, additional double bedroom with door accessing the patio and garden, family bathroom.

The cottage is situated on the south-west corner of the plot with its own private access. Offering traditional stone construction with lots of charm, at present offering a living room/small kitchenette, shower room, and bedroom. It has a private courtyard setting with dining area. Beautiful and private.

The property sits in a south-facing plot maximising the sunshine throughout the year, fully walled and fenced to the boundaries, totally private with an array of mature trees and shrubs, and with plants from various parts of the continent. Rustic olive trees and hanging orchards create a tropical paradise.

In the grounds is a large structured outdoor dining area with a kitchen and barbecue and a tranquil 10m x 6m swimming pool.

A private driveway allows off-street parking for various cars, and the property benefits from an installed solar hot water system, Solar voltaic electric supply, and air-conditioning in the bedrooms.
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Rebecca

Rebecca Ludlow

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This Villa is located in Sao Bras de Alportel 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.