If you’re planning on moving to Portugal, you may be wondering where you buy electronics and appliances and what the cost is likely to be. For those coming from the UK or US, the cost may be more than you’re used to paying, but due to the cost of shipping, the challenges of getting your stuff through Portuguese customs, and the differences in power, it can often make more sense to sell your stuff and
Brexit is a confusing thing that has created more questions than answers. For a lot of people who planned to spend more time in Europe, it has thrown plans into disarray or, at the very least, just made everything more complex. One of the questions that many people have is whether or not they can still buy property here, which this article will look at. Yes, Brits Can Still Buy Property in Portugal The good
If you’re thinking about moving to Portugal, you’ll get different advice on what to bring. Most people will tell you to come with as little as possible and avoid the challenges and costs of shipping your stuff. However, re-buying everything is expensive, particularly in Portugal, so there’s definitely an argument for at least thinking about shipping your stuff. There are some things you probably shouldn’t bring, particularly if you’re coming from outside Europe. This includes
Having a home in Portugal can be an excellent investment, both financially and in terms of quality of life, but interest rates make a difference. When interest rates are low, your monthly payments are likely to be lower and you may be able to borrow more. But when interest rates are high, your monthly payments go up while your affordability goes down. For most banks, interest rates for variable mortgages are calculated by taking the
Are you thinking about purchasing a property in Portugal but are confused about how much you’re able to borrow? Buying a property in Portugal can be confusing, but don’t worry: Portugalist is here to help. Use our mortgage calculator below to estimate: *This part of the process requires more information. A mortgage broker will get in touch to discuss your income and expenses in order to calculate how much you’re able to borrow. Why We
You don’t have to use a mortgage broker to get a mortgage in Portugal – you could apply in any bank in Portugal – but it often makes more sense for people, particularly foreigners, to use a mortgage broker. Here’s why. It Saves a Lot of Time Applying for mortgages can be a time-consuming process. And that’s particularly true if you’re a foreigner as most comparison websites are only available in Portuguese. Going from bank
One of the downsides of living in Portugal during winter is that properties can be cold and damp and these conditions often lead to mould, particularly black mould. This usually forms on the walls and ceilings, but it can also form in and behind bookcases or the bed, which is why you need to regularly do a deep clean to keep on top of it. Due to a lack of ventilation, bathrooms are particularly prone
As with anywhere, renting a room can be very hit or miss. Finding a nice room in a good location is hard enough, but it’s hard to also find a decent landlord, and clean, considerate flatmates. If you’ve found all of these things, you’ve officially won the rental lottery – in Portugal or anywhere else in the world. Rooms are typically advertised on Facebook, usually through accommodation groups but also through Facebook Marketplace. Properties advertised
Every country has its own property portals, such as Zillow or Realtor.com in the US and Rightmove or Zoopla in the UK. Naturally, Portugal has its own property websites as well and, although you may find some listings on the international section of the UK and US sites, you’re best off looking at websites that specifically focus on the Portuguese market. The important word here is websites as opposed to a single website or app.
If you’ve fallen in love with Portugal, you may have decided that it’s time to buy a property here. That might be a second home that you’ll visit occasionally, a rental property that you’ll use as an investment or a house or apartment that you’ll make your main residency. Buying in Portugal is similar to many other countries, perhaps with the exception of how the promissory contract (CPCV) works. Another issue is the potential legal
