If you buy a property in Portugal, it is recommended to appoint a lawyer. In Portugal it is the lawyer who represents the legal interests of yourself as a buyer when purchasing in Portugal. Think of checking on charges and mortgages, but also making the promissory contract and do all preparations necessar for the title deed.
Portugal: the best choice for retirees. Buying Property in Portugal and move to Portugal for retirement, is absolutely the best choice. In Portugal you can enjoy not only of one of the best climates in the world and almost the most hours of sunshine in Europe, but also good health services and favorable tax climate for retirees.
Is your dream to buy a house in Portugal and to turn this into your own bed & breakfast (B&B) in the Portuguese sun? While you provide your guests a pleasant stay, you yourself can enjoy too from all the good that life in the sunny area of Portugal has to offer. But don't let your dream be upset by a lack of knowledge of the Portuguese legislation where you as the owner of a B&B or as a landlord of rooms have to deal with. Since the end of 2014 new legislation is in place.
If you buy a house in Portugal, whether to live there permanently or for a holiday, you will have to face the costs of daily life in this southern European country. How cheap or expensive is it to live in Portugal?
When buying a house in Portugal, you have to pay an annual tax on your property. This Portuguese property tax – which is called: Imposto Municipal sobre Imóveis (IMI) - is a municipal tax. How the IMI is being calculated and if exemption or reduction for IMI payment of your property is possible, you can all read in this article.
The Algarve is a popular region for buying a (second) home and spending a holiday. In early spring, when the high season of tourism have not yet started, already the temperature rises in the South of Portugal to very pleasant values, it is actually in this time of the year when the Algarves nature is at its most beautiful. Five reasons why you should buy a property in the Algarve.
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