What happens to the family home when a relationship comes to an end? Portugal has seen an increase in marital break-ups that end in divorce due to the COVID-19 pandemic.
When putting a house for sale on the market, it is necessary to take into account some elements of the property itself that may influence the final result of the operation.
Along with the rest of Europe and many countries worldwide, Portugal is currently experiencing exceptional circumstances during the period of confinement due to the coronavirus outbreak in the country.
Buying the house of your dreams or selling your property can be the biggest challenge of your life. During these moments several problems usually arise, not only because of the lack of experience, but also because they are bureaucratic and sometimes complex processes.
Buying a new house is as special and exciting as it is complex and frustrating. To make sure everything goes well, there’s nothing better than being properly informed.
Finding property for sale in Portugal direct from owners, whether in the Algarve, Alentejo or Lisbon is easier than ever before thanks to real estate websites and apps, but there are still lots of aspects of the Portuguese real estate market than can be a real headache for expats.
After the euphoria of recent years, house prices in Portugal are levelling off, heading towards stabilisation. While Portuguese property prices are still rising, they are doing so at a slower rate.
When you buy or sell a house in Portugal, it’s not obligatory to make a preliminary purchase agreement and it does cost you extra money, but you would be wrong to rule out signing one so quickly.
If you are looking for a property in Portugal, sometimes it is not easy to find the right dream house or the perfect holiday home. There are many factors to consider when choosing a home, from the number of rooms to the balcony to the garage parking space – every detail counts.
Buying a home is getting more and more expensive, but property sales keep going up year after year; in 2018, the number of transactions grew between 15% and 20%, which means that about 180,000 properties were sold, 25,000 more than the previous year and an average of 500 per day.
The Muda Reserve project, located in the village of Muda, near Comporta on the Alentejo coast, is coming to life. The commercialisation of the 42 quintas built in the village will start soon, says the developer Vanguard Properties.
The luxury real estate market in Portugal continues to grow, under the gaze of domestic and foreign investors. According to the Luxury Estate web portal, average demand in this sector stood at almost three million euro in the first half of 2018.
There is a certain real estate practice that seems to be gaining ground in Portugal, based on a model used in France – the sale of properties with the reservation of the usufruct of the property in exchange, without paying the full amount of the agreed sale price, but rather paying a kind of agreed
Do you have a doorman in your apartment building, or did there used to be one? Is there a flat set aside for this porter to live in but now it’s empty?
The concept of Home Staging is becoming more popular and valued in the real estate market. Barb Schwarz invented this technique in the United States while working as a real estate agent. Her goal was to prepare a house to be sold at the best price and as quickly as possible, and she did it.
Every year, millions of euros are invested in improving detached and semi-detached houses to increase their market value for sale or rental purposes, trying to make the most of the improvements made.
The real estate market is red-hot in Portugal. Never before have so many houses been sold – 153,292 in 2017, 26,186 more than the previous year (20.6%), and prices are in line with this trend.
Selling your house is a big moment, so follow these steps to make sure you’re doing it right:
1. Prepare the documentation: Before you sell, you’d be advised to collect together all the important documents connected with the property.