Property for sale in Portugal

Portugal continues to attract a large number of foreigners who in turn invest in property, thanks to the country's climate, safety, beaches and much more. So much so that the demand for houses to buy continues to be much greater than the existing supply in the residential market.

In the first quarter of 2022, 5.9% of property transactions were carried out involving buyers with tax address outside Portugal, according to data released by Engel & Völkers in its Market Report.

The current economic context, characterised by high inflation and rising interest rates, is influencing several sectors, namely real estate.

Every now and then a house needs to be renovated, whether for architectural or aesthetic needs, in order to respond to a specific desire of its owner or simply to have a new look during the different times of the year, but it can also be the dream of many to buy and renovate a house abroad.

Inflation is contaminating all markets - and real estate is no exception. Data from the National Statistics Institute (INE) show proof, stating that houses were 13.2% more expensive in the first quarter of 2022 compared to the previous year.

Buying a house that needs some renovation work is a solution that can have several advantages, especially if you are moving to Portugal and want to live in your dream home.

Portuguese bank repossessions are becoming a more and more popular option for buyers to get a bargain property in places such as the Algarve.

Besides the sense of community, the constant sharing with neighbours, living in a condominium in Portugal, also simply known as an apartment block, also allows you to benefit from security which is one of the main reasons why they are such a popular type of housing in Portugal. We're here to he

Portugal is the 2nd country in the European Union (EU) with the highest percentage of people living in houses in poor conditions, such as roofs leaking water, damp walls or with rotten floors and window frames, according to data released by Pordata.

Having a property by the beach is, increasingly, the decision of those who decide to buy a property in Portugal, both for Portuguese families and foreign investors.

When searching for a holiday home in Portugal, many expats will be in search of buying a property with a pool.

Portugal's mild climate, delicious cuisine, an excellent safety record, beautiful beaches and green landscapes attract foreigners from the four corners of the world to both visit and live in the country.

A heat wave has invaded Portugal in recent days, highlighting how important it is to live in energy-efficient homes. And not only that: it has also shown how air conditioning can be a great ally to escape the hottest days of the summer.

When it comes to buying property in Portugal, in a context of high inflation and rising interest rates on mortgages, one of the factors to pay special attention to are house prices in Portugal which are on the rise. What is the cheapest place to live in Portugal?

Will house prices go down in Portugal? This isn't looking likely, as the current economic context is putting pressure on the purchasing power of those living in Portugal. Inflation jumped 8.7% in June and interest rates on mortgages are rising with the steep rise in Euribor.

When selling property, it is normal for an owner to try sell without having a real estate agent involved, mainly to save money. Selling property without a real estate agent in Portugal is possible.

The demand for property is on the rise in Portugal, even with inflation and rising house prices. And this is reflected in the time that the houses are on the market: about 14% of the houses bought at the start of 2022 through idealista were on the market for less than a week.

The mild climate, the sun, the sea, the delicious local cuisine, the security and the friendliness of the Portuguese people are some of the things that attract foreigners from across the world to visit and live in Portugal.

Selling a house is a process that for many people can be bureaucratic and quite frankly stressful. Between paperwork and all the legal bits and pieces that need seen to, you'd be forgiven for thinking that selling property in Portugal is complicated, but does this have to be the case?

Before selling a house, it is essential to study the surrounding real estate market and understand what features are most sought after by buyers. By doing this research, you can boost the sale of your property, highlighting elements that it already has or improving others.

Is it better to rent or buy in Portugal? Is buying property in Portugal a good investment?

If you're selling a house in Portugal, planning is key, especially when it comes to expenses and taxes. When you get to the moment of selling your house, you'll first of all establish the asking price, while the approximate extra costs and expenses should also be on your radar.

Before selling a property in Portugal, it is very important that you have all the necessary documents in order. What do you need to sell a property in Portugal?

Selling a house is probably one of the most important things you will do in your life and it is something that requires time and organisation to be successful.

When it comes to buying property in Portugal, it's a good idea to look into all the options on the market, including bank repossessions in Portugal.