Excellent, modern villa with panoramic views in a prime central Algarve location.

€3,995,000

Vale Formoso, Algarve, Portugal

  • 4 bed
  • 5 bath
  • 501 m²
  • Villa

About this place

Excellent, modern villa with panoramic views in a prime central Algarve location. Set in the peaceful and picturesque area of Vale Formoso, this beautifully designed modern villa offers a serene lifestyle just five minutes from Almancil and ten minutes from the exclusive resorts of Quinta do Lago and Vale do Lobo. Positioned on an elevated plot, the villa enjoys beautiful views over the surrounding countryside and out towards the sea. Its timeless architectural design is complemented by a contemporary interior, introduced by an impressive entrance courtyard and a striking front door. The welcoming entrance hall sets the tone for the home, featuring a beautifully crafted wooden staircase as a central focal point. The expansive open-plan living area includes a high-spec, fully fitted kitchen with an island, seamlessly connected to the dining space and grand yet cosy lounge, all of which open to a covered outdoor terrace. Tucked just behind the kitchen is a spacious utility room that opens to a private terrace, offering both practicality and privacy. The main living areas extend effortlessly to the generous covered terrace, which overlooks the meticulously landscaped gardens and a sun-drenched, south-facing swimming pool, ideal for both relaxed family living and stylish entertaining. A fully equipped outdoor BBQ area completes the al fresco experience, making this home as functional as it is inviting. Also on the ground floor is a stylish guest bedroom suite with fitted wardrobes and direct access to the garden. An ample garage with mezzanine storage offers ample space and convenient internal access to the main hallway. Upstairs, the villa features three elegant bedroom suites, including the primary suite with a spacious dressing area and a private terrace with panoramic views across the countryside to the sea beyond. This beautifully designed home combines modern comfort with natural tranquillity, offering privacy, elegance, and convenience in equal measure. The property benefits from both a mains water connection and a private borehole. EPC: A 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, Swimming Pool, Terrace, Utility Room, Private Parking, Garden 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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€3,995,000