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-presented properties can sell within weeks, while overpriced properties may remain on the market for several months or longer.

2. Should I list with multiple agencies or one?
While listing with multiple agencies may seem advantageous, it often leads to a lack of control and inconsistent marketing. Your property is only ever as strong as its weakest presentation across the market. A focused, well-managed strategy typically delivers better results, with greater commitment of time, resources, and marketing effort from your chosen agent.

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

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 personal financial situation.

5. Do I need an Energy Certificate?
Yes. A valid Energy Certificate (Certificado Energético) is a legal requirement before a property can be marketed for sale.

6. What documents are needed to sell a property?
Key documents include the Land Registry Certificate (Certidão Permanente), Property Tax Document (Caderneta Predial), Usage Licence (Licença de Utilização), and Energy Certificate. Your lawyer or agent can assist in obtaining these.

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

8. Should I make improvements before selling?
Minor improvements and strong presentation can significantly improve appeal and value. However, not all renovations provide a return, so it is advisable to seek guidance before investing.

9. Can I sell a property owned by a company?
Yes, but the process is more complex. Buyers and their legal representatives will require additional documentation, including company ownership structure and purchase history.

10. How do viewings and tours work?
We coordinate all viewings, pre-qualify potential buyers, and manage follow-up, ensuring professional presentation of your property and valuable feedback after each visit.

11. What happens when I receive an offer on my property?
Once an offer is received, we review it with you in detail, including price, conditions, and buyer readiness. We then negotiate on your behalf to achieve the best possible outcome before moving to the promissory contract stage.

12. Can international buyers purchase my property?
Yes. The Algarve attracts a strong international buyer market. We actively promote your property to both local and overseas buyers, ensuring maximum exposure and access to qualified purchasers from around the world.

For Buyers

1. Do I need a lawyer when buying property in Portugal?
No, but we would strongly recommend it. A qualified lawyer will carry out full due diligence, check the legal status of the property, confirm ownership, review licences, and ensure there are no debts or issues attached. 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 approximately 6–10% extra. This includes IMT (property transfer tax), stamp duty, legal fees, and notary and 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 10-20%) is paid to secure 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 assessment and approval.

Rather than approaching banks directly—even your own—it is often 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 would be pleased to introduce you to a trusted broker we have full confidence in, helping ensure you achieve the best possible financing solution.

8. Should I use a buyer’s agent?
A buyer’s agent represents your interests, helps you access a wider range of properties (including off-market opportunities), negotiates on your behalf, and manages the entire process—saving time, reducing stress, and supporting better decision-making.

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 is essential. We provide insight into comparable sales, time on market, and price movements so you can understand 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 all play an important role in securing the right property or buyer.

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 accurately the property is priced relative to current market conditions.

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

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

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

6. What languages are typically spoken during the process?
While Portuguese is the official language, most professionals in the Algarve—including agents, lawyers, and mortgage brokers—speak fluent English, 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, responsive, and well recommended. Having a trusted central point of contact can make a significant difference throughout the process.

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

9. Is the Algarve a good long-term investment?
The Algarve continues to show strong long-term 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. And with us, you benefit from 2 agents, 1 goal.