Algarve, South of Portugal, has been for several years one of the most desirable places in Western Europe to buy Property for holidays or to live permanently by foreign citizens. The buying and selling of a Property in Portugal is relatively straightforward providing the ownership of the property is clear and the purchase laws are …
Purchasing a Property in Portugal
Purchasing a Property in Portugal On any purchase and sale of a Property in Portugal it is advisable that both parties appoint a lawyer to prepare and execute all the process. Usually the appointed Purchaser’s lawyer will prepare a draft of a Contract of Purchase and Sale (the Promissory Contract) of the property, which is …
Main Steps Involved in a Portuguese Property Purchase
Algarve is one of the most desirable places to have a home for holidays, both for foreign and national citizens and as well, for an investment point of view in real estate one of the strongest area in Europe. Usually, foreign citizens either purchase a property in Portugal in their individual names (this requires to …