The very step on your journey to purchasing property in Portugal is thinking about exactly why you want to go, and exactly what you are looking for. Grab a piece of paper and a pen, and start to write down the specific reasons you have for buying a property in Portugal. Get an idea of the benefits you expect to experience. After that, you can start to consider more specific questions about what type of property you want, how many bathrooms you need, whether or not you want a terrace, garden and swimming pool, whether you intend to rent the property out and so forth.
Your dreams and intentions may change, and it’s more than likely that you will head off in another direction, but organising your plans is a great place to start - and makes sure that you and your partner (or whoever you are looking with) are on the same track.
This will all help you begin to successfully start your research. Once you have determined your budget, done a few sums, researched information and gathered data from a variety of sources, you’ll then be in a position to think about accurately setting an objective. Take this time to really get to grip with what you want, why you want it and when you want to achieve it, will make it easier for you to achieve your ambitions.
Many people set out not knowing what they want and end up getting something that is not really ‘perfect’ – if they get anything at all! With a bit of time for daydreaming and a log of your notes, you’ll set yourself up for a better outcome than if you just ‘wing it’.
For example, you might want to write something like:
I would like to buy a property in Portugal because:
- I want somewhere to visit that improves my quality of life, somewhere I can go to enjoy more space, more sun and warmer weather, better food and less hustle and bustle
- I want somewhere I can go to enjoy memorable holidays with family and friends
- I’ve always wanted to live in Portugal and I don’t want to get to a point when I’m looking back on my life, never having made the move and regretting it