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Luxury 3-Bed Villa with Ocean Views in Praia do Almoxarife

€610,000€3,961/m²

Praia do Almoxarife, Faial, Portugal

  • 3

    bedrooms

  • 3

    bathrooms

  • 154 m²

    interior

  • 2,407 m²

    plot

  • Villa

    property type

  • Yesterday

    listed

The Habio take

AI summary

This exquisite three-bedroom villa in Praia do Almoxarife offers luxurious living with breathtaking ocean views. Nestled on the scenic coast of Faial in the Azores, this property blends comfort and elegance while being close to the island’s beautiful beaches and vibrant community amenities.

  • coastal
  • luxury
  • garden
  • beach
  • retirement
  • investment

Highlights

  • Breathtaking ocean views
  • High-quality construction with premium materials
  • Expansive living spaces across two floors
  • Lush landscaped garden with custom greenhouse
  • Potential for rental income
  • Proximity to local amenities and beaches

Worth knowing

  • Air conditioning and heating available only on the top floor
  • Significant attic storage but no additional basement specified

Good fit for: Ideal for those seeking a luxurious island retreat with rental potential.

Lifestyle scores

Beach
80
Walkable
70
Remote work
75
Family
70
Retirement
90
Airport access
80
Investment
85
Luxury
90
Value
70

About this place

This luxurious two-story villa, located on the scenic coast road of Praia do Almoxarife, provides a unique mix of luxury and comfort with stunning ocean views. The first floor showcases expansive living spaces, including a dining room and living room, along with a master bedroom featuring a custom wardrobe, another double bedroom, a full bathroom with a luxurious soaker tub, a powder room, and a well-equipped kitchen.

Step outside to the large covered terrace, where you can enjoy breathtaking views of the ocean and nearby islands. The ground floor includes a complete bathroom, a kitchen/sitting room, an additional double bedroom, and a spacious double garage, perfect for vehicle storage or a workshop. High-end amenities such as a solar system with battery storage, modern appliances, and heating and air conditioning units on both floors enhance the living experience.

The property is set on a generous 2407 m² plot, featuring lush terraced gardens and a custom glass greenhouse. The cobbled driveway leads to an automatic gate, enhancing the property’s curb appeal. Additionally, a sizable piece of land across the street is included in the sale, offering further possibilities for development or expansion.

Situated in Praia do Almoxarife, known for its pristine beaches and rich local culture, this property is an ideal retreat for anyone looking to embrace island life. Faial offers a unique combination of natural beauty and cultural experiences, ensuring a vibrant community atmosphere and numerous opportunities for outdoor adventures, including whale watching and island hopping.

What this place offers

  • 3 bedrooms
  • 3 bathrooms
  • garden
  • heating
  • air conditioning
  • garage
  • storage
  • solar panels

Where you’ll be

Praia do Almoxarife, Faial, Portugal

Location is approximate — exact address is confirmed by the agent.

Open in Google Maps
PT

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.

  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).

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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