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Algarve property - Villas, Linked villas & Golf Property

We offer a wide variety
of luxury Algarve property
for sale in Portugal.

including Algarve villas, golf villas and
beach properties:
Property:
Resort:
Ownership:
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Outright Buying Process

Buying your dream home in the sun couldn’t be simpler. We offer advice, guidance and support every step of the way. To help understand the procedures and legal acts that are involved in acquiring your property in Portugal, it is always recommended that qualified advice should be sought in any purchase.

The main steps to owning your home in the sun are:

Buying process - Outright
1) Inspection Visit
Try before you buy…. whether it be a village house, linked villa or independent villa in a beach or golf location, Vigia offer two or three night inspection visits to help you gather the information you need to allow you to feel comfortable investing in your selected property. Our knowledgeable sales advisors will provide you with expert advice and guidance, as well as giving you a personal tour around properties of interest. You will also have the opportunity to explore and enjoy the region as we understand this is a major part of the decision making process.

2) Reservation
Once you have made your decision, a reservation fee of €5,000 is required to secure your property for two weeks. During this time Vigia sales advisors will be more than happy to answer any additional questions, helping to ensure you are fully satisfied with your choice. Conditions apply to the reservation fee and should be carefully read and understood.

3) Promissory Contract
A promissory contract is signed between Vigia and the purchaser which acts as a legally binding document for both parties. Prior to signing, the contract should have been fully reviewed by a lawyer. Any questions that arise can be answered by Vigia’s in-house legal team. Upon signature a deposit is required, depending on what type of property you will be investing in the value will vary, starting from 10% of the property value (please note that your reservation fee will be deducted from this amount) During the construction period there will be further stage payments required. Again, these will be confirmed by your sales advisor in advance and you will receive a structured payment schedule prior to signing.

4) Deed and Registration
Once your property is complete, a deed is booked and the property is transferred to you on payment of the final balance due. The property is then legally yours. Please note the procedure is a little bit different if you are initially purchasing a plot of land, with villa to follow. In this instance the plot will be transferred into your name prior to property completion. However your lawyer will advise you on the procedure and so will our in house legal team.

Following the issuing of the deed your lawyer or our in house legal team will arrange to have the deed registered. Time scale varies for this.

Buying process - Fractional
1) Inspection Visit
Try before you buy…. whether it be a village house, linked villa or independent villa in a beach or golf location, Vigia offer two or three night inspection visits to help you gather the information you need to allow you to feel comfortable investing in your selected property. Our knowledgeable sales advisors will provide you with expert advice and guidance, as well as giving you a personal tour around properties of interest. You will also have the opportunity to explore and enjoy the region as we understand this is a major part of the decision making process.

2) Reservation
Once you have made your decision, a reservation fee of €5,000 is required to secure your purchase for two weeks. During this time Vigia sales advisors will be more than happy to answer any additional questions, helping to ensure you are fully satisfied with your choice. Conditions apply to the reservation fee and should be carefully read and understood.

3) Agreement for sale
A promissory contract is signed between An agreement for sale contract is signed between Vigia and the purchaser which acts as a legally binding document for both parties. Any questions that arise can be answered by Vigia’s in-house legal term.

Upon signature a deposit is required, depending on what type of property you will be investing in the value will vary, starting from 10% of the property value (please note that your reservation fee will be deducted from this amount) During the construction period there will be further stage payments required. Again, these will be confirmed by your sales advisor in advance and you will receive a structured payment schedule prior to signing.

At this stage you will be required to complete due dilligence, which is a lot easier than it sounds. The due dilligence is purely to make sure that your transfer of funds for the purchase is within UK regulations. This will consist of a questionnaire, copy of passport and utility bill.

4) Membership certificate
This will be issued upon receipt of check of the due dilligence. The membership certificate is proof that you are the owner of that particular share.

Call-back
Complete this simple form and one of our Algarve property team will call you at a time convenient to yourself to discuss your property in Portugal.