Spectacular, elegantly renovated 4-bedroom villa in Vale Formonso, Algarve
€2,190,000
Vale Formoso, Algarve, Portugal
- 4 bed
- 4 bath
- 303 m²
- Villa
About this place
Spectacular, elegantly renovated 4-bedroom villa in Vale Formonso, Algarve Set on a landscaped corner plot within The Crest development in Vale Formoso, this thoughtfully upgraded three-plus-one bedroom villa offers space, privacy, and everyday comfort just minutes from the heart of the Almancil–Loulé Golden Triangle. Renowned resorts, local amenities, and the area’s leading international schools are all within a short drive, making this an ideal location for families, retirees, and international buyers seeking a well-connected Algarve base. Recent improvements have transformed the home. At its centre is a newly fitted, contemporary kitchen, complemented by refreshed bathrooms and a completely redesigned pool terrace with a re-tiled swimming pool. The open-plan dining and living area on the ground floor flows naturally to the BBQ terrace, equipped with a drinks fridge, pizza oven, and generous al-fresco dining space overlooking the pool, an inviting setting for long summer evenings. This level also includes a bright guest bedroom with built-in wardrobes, positioned beside a modern shower room that doubles as the guest cloakroom. Upstairs, the principal bedroom and third bedroom, both en suite and equipped with fitted wardrobes, offer access to a private terrace featuring distant sea views across the Algarve coastline, as well as a practical study area on the same floor. The lower level adds versatility and space. Here you’ll find the garage, an equipped laundry room, a comfortable fourth bedroom with wardrobes, a spacious shower room, and a light and bright snug opening directly to the pool terrace, making this an ideal room for both summer and winter living. Outside, the generously sized pool is framed by sun terraces, seating areas, a calming water feature, and mature hedging, while the fully fenced boundaries enhance the sense of seclusion. The property combines quiet surroundings with excellent rental potential and year-round liveability within one of the Algarve’s most established neighbourhoods. EPC: A Please note that all distances and measurements are approximate and, for security reasons, are not representative of the property's exact location. For more information on the precise location of the property and its surrounding area, please get in touch with the listed Property Adviser. Features: Modern, Balcony, Swimming Pool, Terrace, Private Parking, Garden View
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
Get a NIF
Apply for a Portuguese tax number (Número de Identificação Fiscal). Non-EU residents need a fiscal representative.
- 2
Open a bank account
Open a local account to handle the deposit, taxes, and ongoing utility payments.
- 3
Engage a lawyer
Hire an independent lawyer (not the seller's) to run title and planning searches.
- 4
Sign the CPCV
Promissory contract (Contrato de Promessa de Compra e Venda) with a deposit, typically 10–30%.
- 5
Final searches & funds
Lawyer confirms clean title; you transfer the balance and pay IMT and stamp duty before completion.
- 6
Escritura (deed)
Sign the public deed at a notary or via online platform Casa Pronta. Keys handed over.
- 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






