There are some differences between buying a property in the UK, Ireland and Europe, compared to buying a property in Portugal, and as your Estate Agent we are used to dealing with this, it’s our job to deal with Real Estate every day, all day long and we are conveniently located right in the heart of the Algarve to be able to do it.
One of the biggest differences is that all the official documentation will be in Portuguese but don’t worry, for most of our clients this is not their first language so we have systems in place to help you.
For a straightforward purchase of a property it is a two step process.
*There are of course situations where the property purchase does not follow the above course, monetary values and timeline, such as if you are buying off-plan, off-shore or with a mortgage for example.
There are lots of processes that your lawyer and your Estate Agent deal with before, inbetween and after the property purchase. The buyer is responsible for the purchasing costs and we recommend you put aside up to 10% of the purchase price to cover all costs.
As your Estate Agent we are familiar with all the things that can cause delays and problems which are often overcome. We also have some money saving tips and tricks to help you. We have a list of trusted and recommended lawyers, surveyors, mortgage brokers, insurers, tax, wealth and foreign exchange experts, home removals and much much more, everything and everyone you will need.
We are available to you before, during and after your property purchase and you can contact us anytime with any queries or questions. If you need someone to caretake your property, we can do that too with our Property Management Service.
Happy to help you. Let us know your criteria to find your dream home.