Excellent 3-bedroom traditional villa in Loulé, Algarve.

€1,929,000

Loulé, Algarve, Portugal

  • 3 bed
  • 4 bath
  • 439 m²
  • Villa

About this place

Excellent 3-bedroom traditional villa in Loulé, Algarve. Situated on an elevated plot, this delightful traditional property offers a unique combination of space and seclusion, whilst being tucked away near the tranquil village of Alfeição, just a stone's throw from Loulé town, with its vibrant markets and shops. It is also just minutes from the Nobel International School and several well-regarded restaurants. Despite its peaceful setting, everyday essentials and premium amenities are within easy reach. The home features a warm and distinctive layout. The ground floor includes a spacious principal suite with an en suite bathroom and a large walk-in wardrobe, conveniently located near the generously proportioned living and dining areas. Upstairs, two guest bedrooms provide comfortable accommodation for family or visitors and lead to a stunning roof terrace, offering panoramic sea views. The lower level of the home offers exceptional versatility, with a spacious multi-purpose room that can be easily adapted to suit your needs, whether as a home office, gym, studio, or creative space. Adjacent to this, a generously sized garage provides ample room for multiple vehicles and offers excellent potential for redevelopment. Whether you imagine transforming the space into further living quarters, a private guest suite, or a dedicated games or cinema room, the possibilities are wide open to create something truly special. Outside, mature, landscaped gardens surround a charming, south-facing and extensive swimming pool area, ideal for sun-drenched afternoons or quiet relaxation, whilst enjoying the surrounding views of the countryside and the sea. The expansive grounds offer endless potential, whether for growing herbs and vegetables, planting additional fruit trees, or simply savouring the natural surroundings. The home is also equipped with environmentally friendly solar panels, enhancing its appeal. If you are drawn to adding your personal touch or simply appreciating the property's original character, this is a rare opportunity to acquire a peaceful countryside retreat that offers complete tranquillity while remaining conveniently close to all everyday essentials. EPC - B Please note that all distances and measurements are approximate and, for security reasons, do not represent the property's exact location. For more information on the precise location of the property and its surrounding area, please contact the listed Property Adviser. Features: Air Conditioning, Garden, Roof Terrace, Swimming Pool, Terrace, Private Parking, Garden View, Mountain View, Central heating

Buying property in Portugal

Full guide →

Portugal is open to foreign buyers with no restrictions on ownership. A NIF (tax number) and Portuguese bank account are required, and most buyers engage an independent lawyer to handle searches, contracts, and the public deed.

The buying process

  1. 1

    Get a NIF

    Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.

  2. 2

    Open a bank account

    Open a local account to handle the deposit, taxes, and ongoing utility payments.

  3. 3

    Engage a lawyer

    Hire an independent lawyer (not the seller's) to run title and planning searches.

  4. 4

    Sign the CPCV

    Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.

  5. 5

    Final searches & funds

    Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.

  6. 6

    Escritura (deed)

    Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.

  7. 7

    Register the property

    Lawyer registers the new ownership at the Land Registry (Conservatória do Registo Predial).

  • NIF (tax number)
  • Portuguese bank account
  • Passport / ID
  • Fiscal representative(optional)

    Required for non-EU/EEA residents

The Golden Visa programme no longer accepts residential real estate as a qualifying investment (changed 2023). Mortgages are available to non-residents, typically up to 60–70% LTV.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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€1,929,000