Selling in Portugal

Portugal has always been a popular area for British expats to buy and sell property – around 50,000 Brits now permanently reside there and may more have chosen to own second homes there.

 

The recent recovery of the Portuguese property market is thought to have been partly caused by foreign property demand. The OGC’s most recent quarterly index report has shown that Portugal has experienced a particular surge in popularity with overseas property buyers – a 60% increase over the previous quarter, and almost 70% over the same quarter year on year. There has been a surge of buyer confidence in the Portuguese housing market, as well as sales in the country, showing that once again Brits are looking to the southern European country for their overseas home. Prices are still falling slightly, but all reports indicate that this is a good point to start thinking about selling your Portuguese home!

 

Portugal will always be popular with British buyers thanks to the relaxed lifestyle, culinary delights and an enormous choice of landscapes; not just the Algarve, traditionally the most popular area of the country with British homebuyers and tourists – recent reports indicate the popularity of the shores of the Atlantic and the Silver Coast, in part of course due to their more realistic prices. 

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Selling Options

There are a number of ways that you can use an estate agency, and it is a good idea to think about how you wish to go about this in advance.
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Selling top-tips

Selling a property can be a complicated process. We have put together our top tips for successfully selling your property.
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Legal matters

Once you have agreed a selling price with a buyer, both parties must sign a contracting agreement at the office of your notaire.
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Sending your money home

Don't lose money to fluctuations in the currency markets. Ensure you work with a reputable currency specialist.
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Help finding a property agent

Find trusted agent in your area, who will help you sell your property.
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Getting the right price

It’s really important to makes sure you are realistic about the price you will receive for your property.
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