Newly refurbished Villa close to beach near Quarteira and Vale do Lobo

€895,000

Villa in Vale do Lobo Area, Central Algarve, Central Algarve, PT

  • 5 bed
  • 4 bath
  • 296 m²
  • villa

About this place

Looking to buy a fully renovated, exquisite and low maintenance 5-bedroom, 3-storey property which is fully furnished and ready to move in. This villa offers it all, plus nice sea views while being nestled on a private plot only a short drive from the coastal towns of Quarteira/ Vilamoura and Vale do Lobo. A mere 10 to15-minute walk brings you to stunning beaches, while an array of restaurants and supermarkets are conveniently situated just 2 minutes away. The renowned Vilamoura Marina and several golf courses are easily accessible within a 10-minute drive. Boasting a construction size of 296 sqm, the modern villa is bathed in natural light, exuding plenty of character as it graces a generous 696 sqm plot. Upon arrival, electric gates unveil an ample parking area in front of the house. The ground floor welcomes you with an inviting entrance hall leading to a spacious living-dining area adorned with modern, stylish furniture, a closed wood fireplace, and two balconies with enchanting sea views. The bright, modern kitchen is fully furnished and equipped with brand-new appliances, complemented by abundant natural lighting. Foldable glass doors seamlessly connect the kitchen to the expansive rear terrace. The ground floor also features a practical utility room, a sizable guest toilet, and a bedroom with sliding glass doors leading to a sun terrace. This bedroom boasts an ensuite bathroom with modern fixtures, including a toilet and shower. Descend the marble staircase to discover a large second bedroom with a stylish ensuite bathroom. On the first floor, two well-sized bedrooms and a master bedroom await, offering spacious enclosed storage spaces. All bedrooms provide magnificent views of the Atlantic Ocean. The master bedroom stands out with a modern glass-enclosed shower and stylish basin. A family bathroom and toilet complete the first-floor amenities. AirCo in all rooms and electric underfloor heating in the bathrooms. Outside, a large terrace beckons with an outdoor BBQ and dining area, surrounded by wooden decking featuring inviting beach chairs and additional seating areas. Steps lead to the swimming pool, bordered by artificial grass areas. This property is fully furnished for sale (brand new) and presents an exceptional opportunity for all year round living or could offer a fantastic rental yield and serves as a promising investment in a rapidly growing and sought-after area. Energy certificate class B.

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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€895,000