You see a property for €300,000 or €500,000 or €1 million. But is that how much it actually costs? Not quite. By the time the keys are in your hand, you’ll have paid a stack of taxes and fees on top of that headline price — and for some buyers those extras add more than €30,000 to the bill on a €300,000 property. The good news is that almost all of them are predictable, so you can budget for them …
If you’re trying to decide whether to get your Portuguese NIF in person or online, the answer mostly comes down to where you live now. For some people, getting it in Portugal makes perfect sense. For most, particularly Americans, Brits, and Canadians, it is usually a waste of time, money, or both. The short answer You should usually get your NIF: Tip: Get your NIF through Portugalist for just €64. If you live outside the EU/EEA, getting Your NIF in …
If you’re familiar with Zillow or Realtor.com in the US—or Rightmove and Zoopla in the UK—your instinct is probably to look for “the one big website” that lists every property for sale. In Portugal, that doesn’t exist. There is no MLS system, and that means two things: Think of Portugal as a patchwork: different agents upload to different portals, some post only on their agency website, and a surprising number of rural owners still list only on classifieds. Below is …
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 Created This Calculator There are …
Brexit has left many people scratching their heads, especially those who dreamed of spending more time in Europe. It’s natural to have questions about how this change might affect your plans, particularly when it comes to buying property abroad. If you’ve been eyeing a lovely villa in the Algarve or an apartment in Lisbon, you might be wondering if it’s still possible to make that dream a reality. Well, we’ve got some good news for you! The Good News: You …
For Americans buying a new home in Portugal, whether residential or for investment, you might first think of using Zillow, the leading property portal in the U.S. and Canada, familiar for its extensive listings and user-friendly interface. However, this Zillow isn’t used in Portugal. Instead, Portugal has its own websites which cover the local real estate market. Unlike the US, Portugal doesn’t have an MLS system. In practice, this means that there isn’t one website or database that lists every …
Are you considering selling your property in Portugal? Portugal’s property market has been thriving in recent years, attracting both domestic and international buyers. With its stunning coastlines, vibrant cities, and warm climate, it’s no wonder that so many people are interested in moving here or owning a second home here. As a seller, this means you have a great opportunity to capitalise on the demand and get the best value for your property. In the following sections, we’ll cover everything …
Buying a property in Portugal can be an exciting adventure, but it’s no secret that the Portuguese property market can seem a little like the wild wild west, especially if you’re new to the country. Enter the buyer’s agent, a professional who’s dedicated to holding your hand through the entire journey, from finding your dream home to signing on the dotted line. The Rise of Buyer’s Agents in Portugal While buyer’s agents (also known as buyer’s advocates) aren’t yet as …
Anyone living in Portugal, whether they’re renting or have bought a house, will have to buy furniture at some point or another. Maybe you need to furnish an entire apartment or house, or maybe you just need one or two small things. Either way, the question is: where should you go to buy furniture in Portugal? The answer depends a lot on the type of furniture that you’re looking for, and where you are in the country. For some people, …
One of the biggest challenges of moving to Portugal is finding somewhere to rent — and for most people, it’s not something you can leave until after you arrive. If you’re applying for a Portuguese residency visa such as the D7 (passive income) or the Digital Nomad Visa, you’ll need a signed lease before your application goes in. Most consulates expect that lease to be 12 months long and registered with Finanças, Portugal’s tax authority. There are some exceptions — …