FAQs

For Sellers

1. How long does it take to sell a property in the Algarve?
It depends on pricing, presentation, and marketing. Well-priced and well-marketed properties can sell within weeks, while overvalued properties may sit on the market for months or longer.

2. Should I list with multiple agencies or one?
While multiple listings may seem beneficial, they often dilute control and can negatively impact perception - Your property will only be seen as good as the worst of the pictures or descriptions. A well-managed, strategic approach tends to achieve better results and encourages investment of resources and time of the agent

3. How important is pricing?
Pricing is critical. The first few weeks on the market generate the most interest. If a property is overpriced, it can quickly lose momentum and ultimately sell for less than if it had been priced correctly from the start.

4. What costs are involved in selling?
Sellers typically pay agency commission and legal fees. Capital gains tax may also apply, depending on your residency status and financial situation.

5. Do I need an Energy Certificate?
Yes, it’s a legal requirement to have a valid Energy Certificate (Certificado Energético) before marketing your property.

6. What documents are needed to sell a property?
Key documents include the land registry (Certidão Permanente), property tax document (Caderneta Predial), usage licence (Licença de Utilização), and Energy Certificate. Your lawyer or agent can assist in gathering these.

7. How can I achieve the best price?
Presentation, pricing, and exposure are key. High-quality marketing, professional photography, and access to the right buyers all play a major role in maximising value.

8. Should I make improvements before selling?
Small improvements and good presentation can increase appeal and value. However, not all renovations deliver a return—so it’s best to take advice before investing.

9. Can I sell a property owned by a company?
Yes, but the process can be more complex. Buyers and their lawyers will require additional documentation, such as company ownership records and purchase history.

10. How do viewings and tours work?
We coordinate all viewings, qualify buyers in advance and obtain feedback.

For Buyers

1. Do I need a lawyer when buying property in Portugal?
No, But we would strongly recommend that you do. A qualified lawyer will carry out due diligence, check the legal status of the property, confirm ownership, review licences, and ensure there are no debts or issues attached to the property. They will also guide you through contracts and completion.

2. What is a NIF and do I need one?
A NIF (Número de Identificação Fiscal) is a Portuguese tax number required for any financial transaction in Portugal, including buying property. Non-residents can obtain one easily with the help of a fiscal representative or lawyer.

3. What are the typical buying costs in the Algarve?
In addition to the purchase price, buyers should budget around 6–10% extra. This includes IMT (property transfer tax), stamp duty, legal fees, and notary/registration costs.

4. Can foreigners buy property in Portugal?
Yes, there are no restrictions on foreign buyers. Portugal is very open to international property investment, and the process is well-established for non-residents.

5. How long does the buying process take?
Typically 4–12 weeks from offer acceptance to completion, depending on due diligence, financing, and legal checks.

6. What is a promissory contract (CPCV)?
The CPCV (Contrato de Promessa de Compra e Venda) is a legally binding agreement between buyer and seller. At this stage, a deposit (usually 10%) is paid, securing the property while final checks are completed.

7. Can I get a mortgage in Portugal as a non-resident?
Yes. Portuguese banks offer mortgages to non-residents, typically up to 60–70% of the property value, subject to financial checks and approval. Rather than approaching banks directly—even your own—it’s often far more effective to work with an experienced mortgage broker who can access multiple lenders and secure more competitive rates and terms on your behalf. We’d be pleased to introduce you to a trusted broker we have complete confidence in, helping ensure you get the best possible financing solution.

8. Should I use a buyer’s agent?
A buyer’s agent represents your interests, helps you access more properties (including off-market), negotiates on your behalf, and manages the process—saving time, reducing stress, and helping you make better decisions.

9. Will I end up dealing with multiple agents?
If you search independently, yes. However, by working with a buyer’s agent, you only deal with one point of contact, avoiding pressure from multiple agencies while still accessing the full market.

10. How do I know if a property is priced correctly?
This is where local expertise matters. We provide insight into comparable sales, time on market, and price changes so you can assess true value and avoid overpaying.

General

1. How does the property market in the Algarve work?
The Algarve market is highly international, with buyers from across Europe and beyond. Properties are often listed with multiple agencies, and relationships, local knowledge, and timing play a big role in securing the right deal.

2. Are property prices negotiable?
In most cases, yes. However, the level of negotiation depends on factors such as demand, location, time on market, and how the property is priced relative to the market.

3. What is the role of a notary in Portugal?
The notary is responsible for officially witnessing and certifying the final property transaction (deed). They ensure the process is legally compliant but do not act on behalf of either party—that’s the role of your lawyer.

4. What is due diligence and why is it important?
Due diligence is the legal and technical verification of a property. It ensures there are no debts, planning issues, or legal risks—protecting both buyers and sellers from future problems.

5. Are there any hidden costs I should be aware of?
There are no “hidden” costs if properly advised, but there are additional expenses such as taxes, legal fees, and currency exchange costs that should be factored in from the outset.

6. What languages are typically spoken during the process?
While Portuguese is the official language, most professionals in the Algarve (agents, lawyers, brokers) speak English fluently, making the process accessible for international clients.

7. How do I know who to trust?
The key is working with experienced professionals who are transparent, communicative, and recommended. Having a trusted central point of contact can make a significant difference.

8. What is the biggest mistake people make when buying or selling?
The most common mistake is making decisions without enough market insight—whether that’s overpricing a property or overpaying due to lack of local knowledge.

9. Is the Algarve a good long-term investment?
The Algarve has consistently shown strong demand due to its climate, lifestyle, and accessibility. While all markets fluctuate, it remains one of Europe’s most desirable property locations.

10. Can you help beyond just buying or selling?
Yes, we can connect you with trusted professionals across legal, financial, and property services to support every aspect of your journey.

11. What makes your approach different?
We focus on clear advice, strong communication, and long-term relationships—ensuring you feel informed, supported, and confident throughout the process. You also get the bonus of 2 agents, 1 goal.