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).
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21
Feb
2022
6 Tips on How To Sell a Property in Portugal
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
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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: