Finding the Perfect Home in Portugal
Whether purchasing a property in Portugal for relocation or investment, our team will support you through the entire process with one point person. We thoroughly review the steps with you, manage expectations about availability and costs, and ensure you are getting the best deal.
Why use a Buyer's Agent?
In Portugal for a long time, one agent would represent the seller and buyer. This is slowly changing as many see the conflict of interest in securing the best offer for competing sides! We do not focus on listing properties, only on representing foreign buyers in a new, complicated market.
What do we do?
Our process is very thorough. We start buy discussing financial availability and putting you in touch with our mortgage brokers if further financing is needed. Next, we help you define the paramenters of your search and begin to book visits, either in person or remotely. We help negotiate and make the official offer, and then guide you through the inspection and legal processes to completion.
What does the legal process look like?
Once an offer is accepted it is common to make a “reservation” for 5 business days to have the property properly inspected. This means a small refundable deposit to hold the property for you. The legal team will also perform due diligence at this time (illegal construction, back taxes, land registration, etc.). After this the CPCV (Promissory Note) is reviewed and signed, and a deposit given (typically 10%). Depending on the structure of payment (mortgage or cash) the deed is usually signed within 30-45 days, where the remainder of the payment and taxes are paid.
Seamless Step-by-Step Experience
We work as a team and use our expertise in the critical areas of purchasing a home in Portugal, which should never be overlooked.
Many times we have clients come to us to help save the situation they are in. Ill advisement from agents about legal or financial dealings in Portugal, properties showing faults only after binding documentation has been signed, etc. We have seen it all.
This is one of the main reasons we offer this service. To provide a holistic team with individual expertise in their respective professions all working together to promote and protect your best interests.