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.
Getting Started
An exploratory call with us is the place to start. We can assess your needs, explain the market and the process and get started with our mortgage broker if necessary.
Setting Parameters
We define your "where" and introduce you to the realities of home characteristics in Portugal to confirm your final search parameters.
Organizing Options
After a deep market search, we present the options for confirmation of booking visits and investigating the properties.
Making an Offer
Negotiating, signing a reservation agreement, and giving time for our inspector and lawyer to perform due diligence on all aspects of the property.
Signing the CPCV
The CPCV will be reviewed and agreed with our lawyer and you and the owners will sign "the promissory" note. At this time a 10-30% deposit is paid.
Wrapping Up
You will be accompanied by our lawyer to the notary with the owners to sign the deed, deliver the final payment, and pay the taxes.
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.
How Can Our Team Save You Time, Money, and Stress?
Financial Planning
We begin with a full financial assessment, manage expectations, and introduce the right professionals if financing is needed. Many are unaware of additional and hidden costs when purchasing a home in Portugal, and we outline this from the start. Leaving no room for surprises at critical stages of the purchase.
Thorough Inspections
Believe it or not, this is a relatively new step in Portugal when buying a home and many will not tell you it is not necessary. This could not be further from the reality. We work with well-known professionals in this area to ensure you know what you are buying before signing any documentation.
Legal Process
Our lawyer will work alongside our agent from the beginning to keep a full understanding of the property and the deal. We go step-by-step through the legal process of purchasing a home, answering any and all questions you may have. Beyond the standard due diligence, we coordinate with financial partners when needed.
How can our team help you to reach your goals
Financial Planning
We begin with a full financial assessment, manage expectations, and introduce the right professionals if financing is needed. Many are unaware of additional and hidden costs when purchasing a home in Portugal, and we outline this from the start. Leaving no room for surprises at critical stages of the purchase.
Thorough Inspections
Believe it or not, this is a relatively new step in Portugal when buying a home and many will not tell you it is not necessary. This could not be further from the reality. We work with well-known professionals in this area to ensure you know what you are buying before signing any documentation.
Legal Process
Our lawyer will work alongside our agent from the beginning to keep a full understanding of the property and the deal. We go step-by-step through the legal process of purchasing a home, answering any and all questions you may have. Beyond the standard due diligence, we coordinate with financial partners when needed.
See What Our Clients Are Saying
“Elysia and her team saved the day for me and provided expert help and contacts to facilitate several aspects of my recent apartment purchase in Lisbon.
I really couldn’t have done it without them! Highly recommend..”
