The property market has been on fire worldwide over the past few years, and Portugal is no exception. And amid rising prices (including real estate), you might expect a slowdown, but there are no signs of this.
On 21 April 2022, the Supreme Court of Justice (Supremo Tribunal de Justiça) in Portugal blocked the possibility of permanent habitation and temporary (for touristic purposes) coexisting. In other words, it allowed condominiums to restrict or order the cancellation of existing short term rental licenses (Alojamento Local).
As of 1st of January 2022, the Portuguese Golden Visa Program got a bit harder to obtain, especially in residential real estate, no longer being obtainable in Lisbon, Porto, Algarve (with some exceptions)...
This video addresses owners who want to sell their property in Portugal. A step-by-step guide with minute details takes you through the whole process stress-free
When purchasing Real Estate abroad, many clients have demonstrated common concerns:
This video blog will explain the basics of choosing your new property in Portugal and the intricacies of making a purchase.
The Energetic Certificate is an essential and mandatory document when selling your property in Portugal and has been obligatory since December 2013.
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:
