How to buy a property in the Algarve PORTUGAL

How does it work?

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Instead to put plenty of pictures and prices on the net, I prefer to offer a personalized service whitch will certainly match better your request.

So if you want to use my service, please send me the following information and you will receive an answer within 72 hours (time I need to contact all my real estate agents and builders partners):

PROPERTY:

Apartment+Nb of rooms.
Town House+Nb of rooms.
Private house or Villa+Nb rooms (optional: garage,swimming-pool,tennis court,other...)

LOCATION:
Area of the Algarve, specify the town. Check Algarve map: http://geo.algarvedigital.pt/Default.aspx
Sea View.
Not sea view but near the beach (max. 1km.) for example
Down Town.
Far from the cost (inland)

BUDGET:

Estimated lowest and highest margin.

Send your request to. pat.dufer@hotmail.com and you will receive terms and conditions about my services.

Thank you for your confidence.

WHY BUY PROPERTY IN THE ALGARVE

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The allure of the Algarve is timeless.

It continues to offer the safest and most attractive conditions for those wishing to buy in the sun.

The climate is one of the healthiest and most pleasant in the world. Winters are never too cold and summers never too hot. A real paradise for golfers all year long with more than 30 Golf Courses along the cost and inland.

The environment is much less spoilt and pollued than in other European Countries.

The nation's constitution and weel-founded legal system give foreign buyers and property owners the same fundamental rights and protection as those enjoyed by Portuguese citizens. Also new legislation has even abolished inheritance tax for family members and tax on house purchases has been slashed (exemption untill 87.500,00€).

The cost of living is considerably less than other European destinations. Inexpensive restaurant bills and absurdly low price of wines and spirits make dining out the norm.

The only thing completely missing here that you may find in sunny places such as Italy, Spain, France, Greece, Florida or the Carribean are hurricanes, sweltering summers, pollution, floods or high crime rates.

East Algarve Description

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ALGARVE IS CONSIDERED AS THE SUN GARDEN OF EUROPE

The east Algarve between Tavira and Vila Real de Santo António (border city with Spain) is the less populated part of the Algarve.

It is surrounded by an extremely natural beauty that gives those who visit us a high sense of well-being, and also the possibility of enjoying the long beaches and a swim in hot and translucent sea, without comparison throughout Europe.

Click here to see digital map of the algarve: http://geo.algarvedigital.pt/Default.aspx
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HOW TO BUY A PROPERTY IN PORTUGAL

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There are several steps to follow to acquire a property in Portugal.

You can deal directly with the owner, a builder company or use the services of a real estate agent. In any case you will have to provide the following documents:
· Passport
· Current address
· Marital status
· Fiscal Number in Portugal (to register your property, open bank account and pay taxes)

If you need a loan in Portugal, according to the policy of the bank of your choice you will have to provide more documents such as: Bank Ref in your country, last 3 payslips, Income Tax Return, Last 6 months statements of other mortgages/loans.... depending to your status (employed, self employed or retired).

Usually a “Promissory Contract” detailing the sales conditions has to be sign by both parts.

The final act of sale can proceed in any notary office.
It is at this moment that the balance payment is completed to the seller.

On completion of the above act the property has to be registered in the new owner name in the “Land Registry”.

To complete all the steps it is more practical to appoint a third
part such as a lawyer and give him power of attorney to act legally in the matter (specially if you do not live in Portugal).

Patrice Dufermont Consultant services helps you to find the property of your dream and helps you during and after the process of purchase.

For example: How to get a fiscal number and open a bank account in Portugal, information about taxes and extra costs, register water and electricity meters in your name.....

For free estimate contact me at: pat.dufer@hotmail.com

Or call TEL: (+351) 938 728 457