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PAn Infographic Review - Buying and Selling in the Algarve.

In this video, Suzana reviews an existing masterclass - the Buying and Selling process in the Algarve, Portugal.

Our helpful handbooks break down the process into 5 easy steps.

The Buying Process

1. Get the right advice - talk to the professionals about ownership history and the general conditions.

2. Agree on the terms - as well as the price, the terms and conditions must now be agreed by both parties.

3. Prepare your documents - you will need a Portuguese fiscal number.

4. Promissory contract - this outlines the terms and conditions as well as the completion date.

5. Sign the deeds - Congratulations!

 

The Selling Process

1. Get the right advice - a lawyer can help you understand all the costs involved.

2. Conditions of sale - the terms as conditions as well as the price must now be agreed by both parties.

3. Prepare your documents - you will need to have all your property documents ready.

4. Promissory contract - the seller usually asks for a 10% deposit.

5. Sign the deeds - the keys are handed over, congratulations!

For detailed information, our handbooks are available to download or contact us directly for further clarification. 

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