What are the taxes and costs of a vendor when selling a property in the Algarve, Portugal?
Many of our clients ask us if it’s a better option to buy a house in the Algarve or to build one, so we try to give you an approximate based on our past and current sales experiences, for example, because accurate figures depend on thousands of factors to discuss:
In today's blog post, we will talk about all the purchase taxes & costs that come with buying property such as apartments, land plots, houses, or villas in the Algarve. Any property price advertised in Portugal, no matter where, privately, real estate, internet, or anywhere else, are net prices to the vendor, meaning the purchase taxes, fees, and costs must be calculated on top of the agreed price with the vendor. Let´s start with the costliest one: