Exclusive 6 bedroom Villa for sale with countryside view in Santa Barbara de Nexe, Algarve

7,950,000 EUR 6,916,500 GBP 7,870,500 USD

Reference: 221127

Bedrooms: 6
Bathrooms: 6
Floor Size: 1,150 m2
Plot Size: 0.9 hectares / 2.22 acres
Work Required: None
Swimming Pool
Balcony
Gym
Garage(s)
Parking space(s)
Tennis Court

Details

Set in over 2 acres of beautiful mature land is this exceptional 6 bedroom villa with pool and tennis court plus a separate one bedroom apartment, located in Santa Barbara de Nexe close to the beach, golf course and all amenities.

Wonderfully situated on a south east facing hillside, this property offers the sense of a unique small boutique resort.

This spectacular property is reached via the imposing gate entrance, through the gatehouse building, and the fountain.

It benefits from sophisticated state of the art systems like the AMX intelligent home system and Lutron lighting.

Included is a spacious living area, a huge cinema room, library, wine cellar, spa, gym room, 2 kitchens, one has a traditional wood-fire pizza oven and 6 en suite bedrooms.

Separate staff accommodation with a living room, one bedroom en suite.

The property has floor heating, and the same system provides floor cooling.

Throughout the house, an air ventilation system keeps the rooms pure, fresh and healthy.

Outside :

Gate house complex
Covered barbecue and dining area with fireplace
Beautiful landscape gardens with water features
Tennis court
Heating swimming pool with child safety
Alarm system.

Property of this size and quality are exceptionally rare.

Property owned by a Company in Malta.

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Portugal Property Buying Guide

Guide to the Portugese Buying Process

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.