real estate agent portugal

20-11-2006

 FAQ

1. Is it hard to buy property in Portugal?

No. The sales process is very fast and hassle free, even for foreigners. The entire contract and deed, called escitura de compra e venda, takes about a month to finish.

2. What taxes are involved in buying property in Portugal?

You will have to pay the Imposto Municipal Sobre, a tax that is placed on all real estate transactions in Portugal.

3. What happens if I can’t personally be present during the sales process?

You can ask your lawyer to draft a Power of Attorney, which will grant the person you choose to act in your behalf. The Power of Attorney should state the limits of that power (what you are authorizing him to do) and the duration (until when the authority is given) .

4. Do I need to hire a real estate agent?

Yes. A real estate agent can help you look for a property and do the necessary research to make sure that the seller is the legal owner of that property. He can also guide you through the real estate process and inform you of the documents you may need to submit. He can also organize property tours so that you can inspect the locations before you sign the contract .


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Welcome to Real EstateAgentPortugal.com! In the past few years Portugal has seen a major boom in construction and real estate. There has been a lot of development in the country's coastal areas. Properties of all kinds are being constructed, from prestigious housing developments that are the epitome of luxury to cozy vacation communities that are affordable and family friendly. These have attracted both tourists and investors from all around Europe and even the world. Portugal's coastal regions aren't the only places that have seen a lot of property development. The rural regions have become a favorite location for vacation homes, beautiful and serene retreats hidden from the hustle and bustle of everyday life.

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