Property For Sale In West Portugal-Sintra
Sintra is located in the district of Lisbon and has many major tourist attractions such as the Pena Palace, Palacio Nacional de Sintra and the Castelo dos Mouros. Sintra is a Unesco World Heritage Site due to it’s 19th century Roman architecture. Just 18 kilometres west of Sintra you will find Cabo da Roca which is the westernmost point of mainland Europe. If you are looking for a property in Sintra near Lisbon visit our website www.algarveprop.com plus there are other properties for sale in Portugal.
Rustic 2 bedroom villa in Sintra just 15 minutes drive north of downtown Sintra. Large 30,000 m2 plot and horse stables-price is €600,000 euros. Email us here for further information ref aces_aev_1004.
Modern 5 bedroom villa with heated pool and surrounded by lush trees and vegetation. 395m2 internal area-price is €799,000 euros. Email us here for further information ref aces_aev_1029.
4 bedroom villa in top quality golf resort with tennis centre, spa, restaurants and 24 hour security. Price is €850,000 euros. Email us here for further information ref aces_aev_1018.
Charming 3 bedroom villa with 2 bedroom house and magnificent views towards the Sintra hills. In a quiet area on a large plot of 5000m2-price is €1,090,000 euros. Email us here for further information ref aces_aev_1021.
Superb new 5 bedroom villa in a golf resort in Sintra. Features include 2 swimming pools and gymnasium, air con and wine cellar. Price is €1,125,000 euros-email us here for further information ref aces_aev_1012.
Property For Sale In West Portugal-Cascais
Cascais is a coastal town situated 30 kilometres west of Lisbon on the Lisbon Coast. The town was formerly a fishing village but is now a popular holiday spot for Portuguese and foreign tourists alike. Cascais is surrounded by beautiful beaches such as Guincho Beach to the west and is a popular region for sailing, windsurfing and kitesurfing due to wind and sea conditions. Cascais is one of the richest municipalities in Portugal and was used by Portugal’s royal family as well as becoming home for exiled royal families of Europe. Below is a selection of properties for sale in Cascais. For further details of properties for sale in Portugal or visit our website http://www.algarveprop.com
4 bedroom semi detached property set in a private condominium with a communal pool. This spacious property has a covered are of 195m2 and is close to the Guincho beach. The price is €400,000 euros. Email us here for further information-ref aces_aet_1001
2 bedroom first floor apartment for sale in Cascais on development with communal pool and reception service. Living area of 130m2 and priced at €450,000 euros. Email us here for further information ref aces_aea_1012.
6 bedroom semi-detached property just 5 minutes walk from the centre of Cascais. High standard of construction and communal pool and gardens. Price is €550,000 euros. Email us here for further information ref-aces_aet_1009.
Large 6 bedroom, 6 bathroom luxury villa located within a golf development in Cascais. Features include air con, garage, basement and central heating. Price is €925,000 euros. Email us here for further information-ref aces_aev_1007
Brand new 5 bedroom villa in golf resort in Cascais with intelligent house system and underfloor heating. Also features, cinema, games room, gym and wine cellar. Price is €1,650,000 euros. Email us here for further information ref aces_aev_1008.
Property for sale in West Portugal – Estoril
Owing to a Mediterranean type microclimate, the Estoril Coast in the West of Portugal, has mild winters and an ideal summer temperature which never gets too hot. The autumn is ideal and is like a second spring. It starts in Carcavelos, 15 kilometres from Lisbon, and stretches as far as Guincho, striking a harmonious blend between the delights of the land and the enchanting beauty of the sea. The Estoril Coast, in West Portugal, has 7 golf courses, all with individual characteristics. The Estoril Casino is the largest in Europe. There is a great deal of entertainment here, including different types of gambling and nightly cabaret and music hall shows in a sophisticated atmosphere.
5 bedroom, 3 bathroom villa for sale in Estoril. This property has distant sea views and is just a few minutes away from shops, restaurants and amenities. Price is €425,000 euros-email us here for further information ref aces_aev_1033
Charming 2 bedroom apartment with nice garden close to the Casino in Estoril. This property has lots of character and is in walking distance to shops etc. Price is €550,000 euros-email us here for more information ref aces_aea_1016
4 bedroom luxury apartment in an exclusive condominium in Estoril. Top quality finishings and prime location. Price is €800,000 euros-email us here for further information ref aces_aea1026.
6 bedroom villa in one of the most sought after residential areas of Estoril. Originally built in 1933 and beautifully renovated in 2005-price is €1,250,000 euros. Email us here for further information ref aces_aev_1038.
If you are looking for a property in Estoril on Portugal’s Lisbon Coast, please see a selection below or email us here for details of alternative properties.
Bargain Villas For Sale In Portugal
The selection of bargain villas below represent good value for money taking into account current market valuations. For a wider range of bargains for sale in Portugal visit www.algarveprop.com
Bargain villa for sale in Portugal – Boliquieme with 3 bedrooms and 3 bathrooms with swimming pool in a sought after area.
Reduced by €50,000. Price is now €785,000.
Bargain villa for sale in Portugal – Castro Marim with 3 bedrooms and 3 bathrooms plus its own swimming pool.
Reduced by €50,000. Price is now €540,000.
Bargain golf villa for sale in Portugal - Parque da Floresta with 4 bedrooms and 4 bathrooms plus pool with views across the golf course to the sea.
Reduced by €123,000. Price is now €1,077,000
Bargain villa for sale in Portugal – Loule with breathtaking views with 4 bedrooms and 3 bathrooms on a plot of 5,000m2 plus feature pool.
Reduced by €200,000. Price is now €1,275,000
A detached bargain country villa for sale in Portugal – Santa Barbara with lovely views. 4 bedrooms, 3 bathrooms, pool and double garage, on a plot of 2,800m2.
Reduced by €250,000. Price is now €850,000.
A bargain villa for sale in Portugal – Alvor on Alto Golf with 4 bedrooms, 3 bathrooms and its own private swimming pool.
Reduced by €50,000. Price is now €695,000.
A bargain villa for sale in Portugal – Almancil set on a large plot with lakes, 4 bedrooms, 4 bathrooms, lounge, dining room, games room & gym.
Reduced by €500,000. Price is now €2,600,000.
A bargain villa in Portugal with 4 bedrooms and overlooking the Penina golf course near Alvor. There is also a charming 2 bedroom guest cottage.
Reduced by €445,000. Price is now €1,950,000.
For further bargain properties visit www.algarveprop.com or contact us directly by email here
Telephone from the UK 0208 123 1880, from Southern Ireland 01 442 9985 or directly 00351 289 356395.
Property for sale in West Portugal
Lisbon Coast,West Portugal
This area is known as Costa de Lisboa in West Portugal. There are many towns in the Lisbon Coast of West Portugal apart from the Lisbon itself. The popular ones are Cascais, Estoril, Mafra, Sesimbra, Setúbal and Sintra. There is also Queluz which is an urban suburb to Lisbon.
Below is a small selection of property for sale in West Portugal – for a wider range of property for sale in West Portugal visit www.algarveprop.com
Property For Sale In West Portugal – Cascais €600,000
Bedrooms: 2
Bathrooms: 2
Internal Size: 270 m2
Built In: 1991
Situation: Coastal
Pool: Communal pool
Reference aces_1011
Property in West Portugal – Estoril €425,000
Bedrooms: 5
Bathrooms: 3
Internal Size: 200 m2
Plot Size: 350 m2
Reference aces_1033
Property for sale in West Portugal – Cascais €400,000
Bedrooms: 4
Bathrooms: 3
Internal Size: 195 m2
Built In: 2001
Reference aces_aet1001
Property for sale in West Portugal – Sintra €850,000
Bedrooms: 4
Bathrooms: 4
Internal Size: 300 m2
Plot Size: 520 m2
Situation: Golf Course
Pool: Yes
Reference aces_1018
Property for Sale In West Portugal – Cascais €275,000
Bedrooms: 3
Bathrooms: 2
Internal Size: 135 m2
Built In: 1995
Reference aces_1010
Click here for further information on the any of the above property in West Portugal.
For a full range of property for sale in West Portugal visit www.algarveprop.com
Apartments With Sea Views In The Algarve
Below is a selection of apartments with sea views in the Algarve…for a wider range of apartments with sea views in the Algarve visit www.algarveprop.com
Burgau – €160,000
Apartment with Sea Views
This two bedroom, third floor apartment, has views looking over the fishermen’s village of Burgau towards the cliffs and out to sea. The property comprises of two bedrooms, family bathroom, lounge/dining room, and fully fitted kitchen.
Email here for further information ref: phs_LAG 0197A
Albufeira – €750,000
Apartment With Sea Views
Split-level penthouse located on a small beach near Albufeira. There are stunning sea views, 3 bedrooms, 2 bathrooms, office, large living room & open plan fitted kitchen. In the basement there is the garage and also some extra storage.
Email here for further information ref: 7Q_8109
Albufeira – €240,000
Apartment With Sea Views
Set amongst the traditional cobbled streets this two bedroom two bathroom apartment is in a perfect location in the centre of ‘Old Town’ Albufeira. The apartment benefits from a large balcony with great ocean views.
Email here for further information ref: phs_ ALB 1600A
Vale do Lobo – €667,000
Apartment With Sea Views
Set within Vale do Lobo II, this 2 bedroom apartment boasts views of the sea and is walking distance to the beach. It includes hard wood flooring, a fitted kitchen, double glazed, a lovely swimming pool, a lounge/dining area, 3 bedrooms & 2 bathrooms.
Email here for further information ref: map_ 823
Dunas Douradas – €1,100,000
Apartments With Sea Views
A front line south facing 2 bedroom apartment with magnificent sea views from all the terraces, bedrooms and lounge. The Beach Club is a private condominium, 24 hour reception/security, bar/restaurant, in & out door pools, gymn and supervised beach.
Email here for further information ref: gt_ dd11
Carvoeiro – €170,000
Apartments With Sea Views
An excellent one bedroom apartment built in 2007 in an elevated position within the centre of Carvoeiro. The apartment offers spacious rooms and has a large roof terrace that enjoys sea views. The development also has a communal swimming pool.
Email here for further information ref: luse_A1016C
Lagos – €475,000
Apartments With Sea Views
An exclusive development of 2 and 3 bedroom apartments situated by the breathtaking Meia Praia and close to the town and marina in Lagos. The apartments have a communal roof top swimming pool with extensive terraces and views over the bay.
Email here for further information ref: luse_A108
For a wider range or apartments with sea views in the Algarve visit www.algarveprop.com
Villas With Sea Views In The Algarve
Looking for a villa with sea views in the Algarve……below is just a small selection of what is available. For a wider range of villas with sea views in the Algarve visit www.algarveprop.com
Praia da Luz – €695,000
Villas With Sea Views
4 Bedrooms & 3 Bathrooms
This well-appointed villa sits just one row back from the ocean to the west of Praia da Luz and is constructed to a high standard.
It has a large kitchen and open plan living area on the first floor offering incredible sea views. The ground floor has 4 double bedrooms two of which are en-suite. There is a pool plus low maintenance terracing.
For further information email us here reference luz_m345
Salema- €457,500
Villa With Sea Views
Build Area – 120 m2
A luxury 2 bedroom, 3 bathrooms attached villa. The property is situated front line on the development of ‘The View’.
The luxury development offers a large heated swimming pool and poolside bar. Owners also benefit from discounted rates at Parque da Floresta Golf Resort. It is finished to a very high standard and is sold fully furnished.
For further information email us here reference luz_m348
Praia da Luz – €3,400,000
Villa with sea views
5 Bedrooms & 5 Bathrooms
A luxury villa with sea views in the Algarve that was constructed in 2008. It enjoys panoramic views of the Ocean from the famous Black Rock of Praia da Luz towards Sagres in the west.
5 Bedrooms with bathroom & dressing rooms – Sitting room, luxury kitchen/dining room and utility room – Cinema, bar & entertaining areas – Constructed on 4 floors with lift – Heating and air conditioning – Sauna, steam room, jacuzzi and pool-Garage for 4 cars -Gardens
For further information email us here reference luz_m360
Praia da Luz – €850,000
Villa With Sea View
Plot Area – 920m2
Build Area- 370m2
A superb elevated 3 + 1 en-suite bedroom villa with a fantastic view to the sea and over Luz village. This luxury villa would make an ideal holiday or family home as set in a quiet location.
This villa with sea views has 3 bedrooms and 4 bathrooms wih a salt water swimming pool. The villa benefits from various terraces and balconies to take advantage of the sea views.
For further information email us here reference arec_m/02082
Lagos Area – €1,350,000
Villa With Sea View
Plot Area – 3,050m2
Build Area – 250m2
Villa with sea views in the Lagos area. A spacious detached villa, in a prime location, overlooking the ocean, with stunning views, very secluded and located in a very quiet area
This villa lends it self either for a ideal holiday or permament home. With 3 bedrooms and 3 bathrooms there is also a heated pool for all year enjoyment. Additionally, there is also a guest cottage/annexe.
For further information email us here reference arec_m/02049
Vale do Lobo – €2,250,000
Villa With Sea Views
Plot Area – 1,205m2
Build Area – 230m2
This south facing villa is set in a quiet cul-de-sac, on a frontline double plot and enjoys superb views of the ocean, the Vale do Lobo beach as well as panoramic views of the west coast.
The villa offers 4 bedrooms all with en-suite, a living and dining room with fireplace, a fully fitted kitchen, a laundry room. Outside there is a spacious covered terrace for “al fresco” meals, a large pool area with sun all day plus a spacious roof terrace.
For further information email us here reference gt_vdl109
Vale do Lobo – €1,550,000
Villa With sea Views
Plot Size – 765m2
Build Area – 565m2
A 4 bedroom and 4 bathroom villa with sea views with the year round benefit of an outdoor heated swimming pool located in the heart of the Golden Triangle.
This villa is located in an exceptional and exclusive location within walking distance across the sandy dunes to the beach. With stunning views towards the ocean and bordering the prestigious golf resort of Vale do Lobo this home offers all you could want.
For further information email us here reference vac_638
Olhao – €395,000
Villas With Sea Views
Plot Area – 540m2
Build Area – 350m2
A brand new 4 bedroom Villa with sea views with a pool in a good coastal location within walking distance of the lagoon of the Ria Formosa.
The Villa on 3 floors has 4 bedrooms. On the ground floor is one bed and bathroom and a further 78sqm for usage. The first floor has guest WC, living/ dining areas and kitchen. Second floor with 3 bedrooms and 2 bathrooms.
For further information email us here reference clue_V4OLA467
Olhao – €1,950,000
Villa With Sea Views
Plot Area – 18,700m2
Living Area – 353m2
The villa built in 1986 is situated at one of the most beautiful locations on the eastern Algarve comprising 18.700sqm of land and commanding splendid sea views plus of the Ria Formosa nature reserve.
There is a main living room with fireplace, three bedrooms, two bathrooms, very large open kitchen/ dining room, a laundry, a winter garden which overlooks the sea, a separate guest apartment with bathroom and kitchen.
For further information email us here reference clue_Q4OLA459
For a wider range of villas with sea views in the Algarve visit www.algarveprop.com
Golf Finance At Pestana, Carvoeiro
The Pestana Group are now offering a ‘no paperwork’ short term golf finance option on their Vale da Pinta and Gramacho properties in Carvoeiro.
The benefits of the options are:
- Keys handed over after only a 15% down payment
- A ‘Payment Plan’ tailored to your personal circumstances
- 5 year payback or lease style options
- No penalty for early redemption
- Transfer before completion accepted
- Quarter share apartments from only a €15,000 down payment
Inspection Visits
If you would like to inspect the full range of fantastic golf properties that are available the developer is offering a 3 night inspection visit which includes a tour of the local areas, a round of golf (or beauty treatments) plus meals. Prior to booking your tickets you will talk with a professional sales agent to plan your visit to ensure you get the right accommodation, see the appropriate properties, play the golf course of your choice, meet the right people and of course enjoy yourself. To see what properties are available at Pestana, Carvoeiro Golf click here…
For more information about the golf finance at Pestana, Carvoeiro Golf email us here or call 0208 123 1880.
Luxury Villa In Carvoeiro With Sea Views
Luxury Villa In Carvoeiro with Sea Views
Plot Size – 1,455m2
Build Area – 175m2
3 Bedrooms and 3 Bathrooms
Price – €1,590,000
This luxury villa near Carvoeiro with sea views is situated in a tranquil countryside location in an exclusive part of Ferragudo. There are panoramic views of the picturesque beach of Praia da Rocha, Portimão as well as the Monchique Mountains.
The villa has 3 bedrooms and 3 bathrooms with a spectacular living room which has several full length patio doors to take advantage of the sea views. The villa is full of character and is built to an extremely high standard. There is a kitchen breakfast room in light lemon which is fully fitted. The bathrooms are all to a high standard also.
Outside the swimming pool has beautiful sea views along with the various terracies and balconies from the villa. There is also garage with the property as well as landscaped gardens.
For more information and photos on this luxury villa in Carvoeiro with sea views email us here reference ph_1623V
Building Plot For Sale In Vale do Lobo
Golf Building Plot in Vale do Lobo (Vale Real Area)
Plot Size 697m2
Build Area 244m2
Price – €652,392
This golf building plot in Vale do Lobo is set in Zone 12, the Vale Real area, a new area under development within the prestigious golf and beach resort of Vale do Lobo. This building plot in Vale do Lobo is facing the 10th hole of the Royal Golf Course. With a size of 697 m2, the plot has permission to build a 244 m2 villa.
This is certainly a great investment opportunity – the possibility of a acquiring a building plot in Vale do Lobo for such a competitive price is highly sought after.
For further information on this building plot for sale in Vale do Lobo email us here reference gt_v408DL
Building Plot For Sale In Quinta do Lago
San Lorenzo, Quinta do Lago
Plot Size – 2,230m2
Build Area – 794m2
Project Approved For A 2 storey villa With 4 Bedrooms & 5 Bathrooms
Building Plot Price – €3,000,000
Set in a prime location is this superb 2,230 sqm building plot for sale in Quinta do Lago with permission to build a magnificent two storey house and swimming pool with a build area of 749 sqm. With golf views stretching down the fairway of the San Lorenzo golf course this is a unique opportunity to own a property within the most sought after area in the Algarve.
This building plot for sale in Quinta do Lago has a project approved for a luxury villa comprising – Ground Floor – Entrance hall, cloak room, lounge, family room, dining room, kitchen, bedroom one with en suite and bedroom two with en suite. First Floor – Master bedroom with en suite and bedroom four with en suite. Basement – Double garage, games room, cinema room, laundry room, gymnasium, multi purpose room with en suite bathroom and two cloak rooms.
The project for this two storey house has been designed by renowned a local architect and the internal design can be decided by the purchaser. Large gardens with spacious terraces, BBQ dining area and swimming pool. A high specification build in Quinta do Lago is in the region of €1,400 per sqm.
For more information about this building plot for sale in Quinta do Lago email us here reference ph_1651P
Fractional Ownership In Lagos, Algarve
Built to an exceptional standard this sophisticated development offers fractional ownership options and is strategically placed within the Vale da Lama villa estate at the end of Meia Praia beach in Lagos, one of the longest and most stunning beaches in the Algarve. From your balcony or the swimming pool area the view of the estuary is extraordinary. An uninterrupted and protected view of the estuary ensures you of a true beachside experience.
Features of this 2 bedroom apartment are the amazing sea views plus a fully furnished to include Danish kitchen cabinetry, stainless Siemens appliances, black granite countertops, cherry wood parquet flooring, central heating and A/C,flat screen TV’s, outdoor patio & BBQ, heated swimming pool, tennis Court & Mini-gym and storage for each owner.
The apartment is further furnished with completely fitted with linens, bedding, towels, cookware, dishware, washer/dryer, small appliances, cleaning supplies, pool toys, outdoor furniture, and more.
Just a few minutes along an endearingly quaint track and you can be part of the bustling Moorish town of Lagos with its maritime history now echoed in the cosmopolitan marina, charming squares, maze of cobbled streets, excellent shopping, restaurants and nightlife. Alternatively within moments of the development is the most respected golf courses, Palmares.
Foz da Ria is offered in just 8 fractional ownership shares, priced at just €53,900 each, assuring every owner a minimum of 45 days of exclusive use each and every year.
For further information on this fractional share in Lagos email us here
Fractional Share In Budens, West Algarve
Villa Floresta is located in one of the Western Algarve’s most prestigious and beautiful golf resorts Parque da Floresta. This brand new fractional share luxury 2 bedroom, 2 bathroom townhouse with roof terrace and balcony enjoys panoramic views of this challenging 18 hole, par 72 golf course.
Inside, the stylish decor and furnishings include cable/satellite TV, DVD, HiFi, air conditioning and a modern fully fitted kitchen. The lower floor the master bedroom has an ensuite bathroom and walk-in wardrobe. The first floor has a spacious living room with fireplace and adjacent kitchen. The living room opens onto a large terrace with magnificent views.
Outside, are 2 central swimming pools, a children’s club, spa, fitness center, archery, bowls, golf course and driving range, with nearby restaurants and tennis courts. Salema beach is 2.5km drive, still unspoiled with lovely old Portuguese fish restaurants. Or, just take a relaxing walk within the adjacent Costa Vincentina Nature Reserve.
The location is just a 1 hour drive west of Faro airport. Attractive local beaches and fishing villages such as Salema, Burgau, Praia da Luz are very close and offer a wide choice of beach or village restaurants. A mini supermarket is 500 metres away in Budens.
Only 12 separate fractional share options are available priced at just €44,888 each. Enjoy a minimum of one month of use of the villa with the flexible reservation system, that allows you usage anytime you want.
For further information on this fractional share in Budens email us here
Fractional Share In Albufeira, Algarve
This brand new, fully furnished, 3 bedroom fractional share townhouse in Albufeira enjoys panoramic ocean views with an additional view of the Serra da Monchique mountains from its elevated hilltop position. Quinta da Colina is in the heart of the Algarve famous for its year round sunshine and beautiful clean beaches. The private gated complex features disencumbered green zones and a spectacular swimming pool.
The 2 story fractional share townhouse in Albufeira includes a bonus basement and a 3 to 4 car garage with direct interior access. The design features rich solid earth tone colors, with natural rock walls, dark wood doors and trim, marble flooring and countertops, extensive decorator tile work, with modern glass and stainless components throughout.
The fully equipped Bosch stainless and glass kitchen, includes everything for the gourmet cook. The entire fractional share townhouse is air-conditioned, with electric blinds in aluminum champagne color and dual glazed windows for energy efficiency.
Quinta da Colina fractional share is a new contemporary development situated in the hills of the central Algarve, just 1 KM from the beach, 2 KM from the town of Albufeira, and 15 to 20 minutes drive from Faro International airport. This fractional share townhouse in Albufeira is ideally located just a short distance from this popular holiday destination.
Quinta da Colina is priced at just €49,500 per 1/12th fractional share, assuring each owner a minimum of one month of usage per year.
For further information on this fractional share in Albufeira email us here
Buying A Property In Portugal
BUYING A PROPERTY IN PORTUGAL
The Legal Process
Buying a property in Portugal is relatively straight forward provided the ownership of the property is clear and the purchase laws are strictly adhered to. The process, if it doesn’t involve an off shore company, consists of two distinct stages – the promissory contract (Contrato Promessa de Compra e Venda) and the final deed (Escritura).
The Promissory Contract
This is a legally binding contract between both parties provided all signatures are verified by the local public notary. On signing the contract, the buyer pays a deposit which is normally 10 percent of the agreed purchase price. This deposit is non-refundable unless specifically stated in the contract. If the buyer breaks the contract he loses the deposit and likewise if the seller defaults he is legally obliged to return the deposit plus compensation which is usually equal to the sum of the deposit. It is acceptable for both parties to ask for a copy of the contract to be translated into their monther tongue.
The contract covers a number of points including the following:
* Confirmation of the precise identity of the seller and buyer
* Precise description of the property
* Confirmation of clear title of ownership
* Agreement for payment of deposit and terms if the contract is broken
* Agreement concerning stage payments if applicable
* Confirmation of date of completion of sale
Before the contract is signed, the seller has to produce all the relevant paperwork relating to the property to show to the buyer or his/her lawyer so that necessary searches can be made to ensure there are no outstanding debts e.g. rates, loans against the property and a habitation license confirming the property is for residential use.
The Final Deed
This is the official document of the transfer of the property and has to be signed in the office of the public notary who checks all the previously mentioned documents. The notary will also require document evidence issued by the local tax office (Finançes) that the buyer has paid the appropriate property acquisition tax (IMT) and, if relevant, a document confirming power of attorney. If the property is part of a condiminium, an associated condominium agreement will also form part of the final deed. Unless the buyer understands Portuguese, the notary will insist on verbal translation into the buyer’s monther tongue. The deed is then signed by both parties and the balance of the purchase price paid to the seller. The property is then transferred to the name of the new owner at the land registry office (Conservatorio Predial) preferably by the buyer’s lawyer. This final registration is very important and the buyer should ask for a copy. All costs for professional advisers, notary charges, land registry fees, the final escritura, etc are normally calculated on the agreed value of the property. The seller pays his own lawyer and any commission to the real estate agent.
Costs
The associated costs of buying a home in Portugal are as follows:
Property Transfer Tax (Imposto Municiple Sobre as Transmissões Onerosas de Imóveis)
This is levied on a sliding percentage scale according to the agreed purchase price of the property. It has been common practice in the past to artificially depress the purchase price when buying a property in Porugal in order to decrease the amount of tax to be paid by the buyer. This is strictly illegal and the authorities are tightening up on this tax avoidance so do not be tempted as the financial penalty may be severe if the avaoidance is discovered when you come to sell at a later stage. The IMT is levied at a rate if 5% on rustic properties and 6.5% on urban properties. Properties under €81,600 are excempt. Properties in excess of €510,000 are levied at 6% whether rustic or urban.
Notary’s Fees
This is calculated according to the agreed purchase price of the property and levied at between 1.5% and 2%. There is a nominal charge for stamp duty and for registering the property at the land registry following completion of the final deed.
Lawyer’s Fees
Normally between 1% and 2% though some lawyers charge a set fee of around €2,500 plus IVA (IVA is currently 20% and is Portugal’s equivalent to VAT)
Imposto Municipal Sobre Imóveis
This is an ongoing cost that continues after buying a property in Portugal and corresponds to the annual rates paid on your home to the local authority (camara). It is caluculated on the rateable value of your property and normally levied at between 0.8% and 1.3% depending on the location of the property. First time owners who are resident in Portugal or retired pensioners are eligible to claim exemption for a period of between 3 and 6 years subject to the size and location of the property.
Condominium Charges
These are paid on a montly, quarterly, bi-annual or annual basis by owners enclosed on a condominium development towards the upkeep of communal facilites and areas. Costs vary according to the level of services and ammenities. On average they range from €65 per month to sometimes as much as €500 a month in the more upmarket resorts. Condominiums are governed by a Condominium Contract that forms part of the purchase of the property within the condominium.
Offshore Purchase
It was common practice, but not so common now, that when buying a property in Portugal it was acquired through an offshore company in order to avoid taxation levied on on normal house purchase process. The buyer forms a company offshore and purchases shares of the company in ownership of the property. There have been a number of changes in government legislation regarding buying property in Portugal in this way and should take legal advice in this matter.
For a wide range of properties available in the algarve visit www.algarveprop.com
Building Plots For Sale In Portugal
Building Plots For Sale In Portugal
If you are looking to build your dream home in Portugal, why not consider purchasing one of the plots detailed below?
€120,000 – Almancil – 245m2 building plot for sale in Portugal with approved project for a 2 bedroom 2 bathroom villa. For information and photos email us here
€150,000 – Sitio dos Quartos – 580m2 building plot for sale in Portugal with project approved for a 3 bedroom modern and contemporary villa with games room and basement. A unique opportunity. For information and photos email us here
€200,000 – Loule – 5,300m2 building plot for sale in Portugal with approved project for a 4 bedroom villa , all en-suite. Located in a quiet area with good access, water, electricity and sewage. For information and photos email us here
€225,000 – Loule – 4,200m2 building plot for sale in Portugal with project in the process of approval for 580m2 4 bedroom villa, all en-suite, with garage and pool. Well located in quiet area with good access and south views. For information and photos email us here
€250,000 – Vale Judeu – 5 minutes from Vilamoura, this 1,750m2 building plot for sale in Portugal has sea views and the possibility to build a 300m2 villa on 2 floors and a pool. For information and photos email us here
€250,000 – Valados – between Loule and Santa Barbara. This 1,500m2 building plot for sale in Portugal has fantastic sea views and the possibility of building either 2 villas of 270m2 each or 1 villa of 540m2. For information and photos email us here
€270,000 – Almancil – 6.000m2 building plot for sale in Portugal in a prime location towards Vale do Lobo with the possibility to build a single storey villa of 300m2 with pool. For information and photos email us here
€300,000 – Fonte Santa – spectacular building plot for sale in Portugal located very near to the beach between Almancil and Vilamoura with approved project for a 371m2 villa with 3 / 4 bedrooms, basement and 8×4m swimming pool. For information and photos email us here
€300,000 – Vale Formoso – excellent 1,200m2 building plot for sale in Portugal with approved project to build a delightful country style 4 bedroom farmhouse of 311m2 with pool. Excellent opportunity to build in an area convenient for Loule, Almancil and Golden Triangle. For information and photos email us here
€325,000 – Cerro Cabeca de Camara – excellent 2,145m2 building plot for sale in Portugal situated in an elevated position with spectacular views to the sea and only 5 minutes from Almancil. A project for a modern style 4 bedroom villa of 450m2 with pool has been submitted for approval. For information and photos email us here
€350,000 – Santa Barbara de Nexe – 12,440m2 building plot for sale in Portugal with stunning sea views and an approved project to build a 3 bedroom villa. There is a ruin on the plot giving the possibility to build a second villa. A unique opportunity in a prestigious location. For information and photos email us here
€400,000 – Cerro da Camara – 27 acre building plot for sale in Portugal between Loule and Almancil with fantastic sea views and the possibility to build a 300m2 single-storey villa with pool. For information and photos email us here
€400,000 – Santa Barbara de Nexe - 1,593m2 building plot for sale in Portugal with magnificent sea views and an approved project to build a very modern 3 bedroom villa of 200m2 with a 16m2 basement and swimming pool. For information and photos email us here
€500,000 – Alfeicao – this 4,200m2 building plot for sale in Portugal has breathe-taking sea views, is located close to Loule and has a project approved for the construction of a 600m2 villa. It is a rectangular shaped plot crossed by public road access, however it is situated in a very quiet area. For information and photos email us here
€750,000 – Almancil – 9,000m2 building plot for sale in Portugal with old house. Well located with excellent access. Ideal opportunity to build a luxury home. For information and photos email us here
€800,000 – Vilamoura – 2,180m2 building plot for sale in Portugal with good access, sea view and project for a 366m2 villa with 5 bedrooms plus annexe, garage and pool. For information and photos email us here
€1,250,000 – Olhos da Agua – fantastic 2,960m2 building plot for sale in Portugal with project approved to build a villa with an area of 950m2. Triangular shaped plot sitting on the cliff edge with direct access to the beach. For information and photos email us here
€1,300,000 – Quinta do Lago – 1,300m2 building plot for sale in Portugal with possibility to build a 390m2 villa with pool. Lake views, situated on the third line from the lake. For information and photos email us here
Benefits to invest in Dubai Real Estate
Dubai is the hotspot for real estate investments. The reasons are not difficult to find. There are innumerable reasons that can be listed to explain why you should invest in Dubai’s real estate market instead of other places.
You get an excellent deal, as it is cheaper to buy property in Dubai in comparison to other similar trading hubs around the world like London or other European cities. The city is a lifestyle paradise where nearly 180 nationalists and cultures come together and live in peace. Multicultural and multilingual, this city can make anyone feel at home. The government is lenient towards foreign investors and does not levy any burdensome taxes. Low crime and corruption rates make Dubai relatively safer than other countries with high crime rates. A strategic location at the confluence of all continents makes Dubai attractive to investors across the world to come to invest here. One of the fastest growing cities in the world, Dubai offers state of the art infrastructure and world-class business environment.
Unlike other investment options like hedge funds, stocks etc, and property prices are stable. In times of inflation when other investments erode, property continues to grow in value. Rental income from property is a stable source of income, and while it might fluctuate a bit, it is unlikely to completely vanish. Unlike other markets, <a href=”http://www.clifton-dubai.com/”>Dubai real estate</a> market is open to all investors.
With liberalization and globalization being the present buzzwords, Dubai’s real estate market is bound to get a boost due to inflow of funds and liquidity. Dubai’s real estate sector is barely a few years old and offers a plethora of investment opportunities assured to give good returns. Still in a nascent stage, there is tremendous scope for Dubai real estate industry to grow. Investing in Dubai properties can help earn consistent money by renting out properties. Lavish lifestyle, tall buildings, world-class facilities, Dubai is a fast-growing economy. A heaven for investors, whether big or small, Dubai has something to offer for all kinds of investors.
A liberal economic system and no foreign exchange controls, trade barriers or quotas, Dubai holds the distinction of being the No. 1 city among the GCC countries. World-class laws, a state-of-the-art land registry and a strongly-led regulatory authority, Dubai offers 100 percent repatriation on capital and profits to investors. One of the safest cities in the world, Dubai offers strong incentives and protection to investors.
Known for its largest mall and tallest buildings, Dubai is the front-runner in developing mega projects and theme parks. Nearly 20 percent of the world’s construction cranes are involved in 200 mega projects in Dubai. Expected to absorb hundreds of thousands of residents and 15 million tourists and 120 million passengers by 2010, Dubai is growing at an incomparable rate.
One of the most proactive developers in the Middle East, Dubai can give you the right kind of investment opportunity to suit your budget and aspirations. So why not grab the opportunity and make hay while the sun shines?
Windmills For Sale In Portugal
2 Windmills In Tavira, Algarve, Portugal
Price – €935,000
Plot Size – 8,425m2
Build Area – 237m2
5 Bedrooms & 4 Bathrooms
2 windmills have been extensively renovated by the owners. Considerable time and money in attention to detail to transform what was an old working farm and windmills into an elegant spacious home. Located 7 kms from Tavira in a tranquil village of Santo Estavao the property offers a beautiful countryside setting.
Email us here for further information on this windmill for sale in Portugal reference phs_0593v
Windmill In Obidos, Silver Coast, Portugal
Price – €85,000
Plot Size – 388m2
Living Area – 44m2
1 Bedroom and 1 Bathroom
This windmill is on 3 floors with a kitchen and bathroom on the ground floor, lounge on the first floor and bedroom on the second floor. The lounge and bedroom both benefit from wooden flooring. The property enjoys countryside views all round.
Email us here for further information on this windmill for sale in Portugal reference ima_3015
Windmill In Obidos Silver Coast, Portugal
Price – €110,000
Plot Size – 1,240m2
Permission to build upto 300m2
1 Bedroom &1 Bathroom
An exclusive property consisting of a restored windmill with fitted kitchen and bathroom on the ground floor, first floor with lounge and a second floor with a bedroom. The windmill is on a plot of 1240m2 with permission to build a house of 300m2. There are exceptional views all round.
Email us here for further information on this windmill for sale in Portugal reference ima_2413
For further property options in Portugal visit www.algarveprop.com
Beach House on Armona Island, Algarve
If you fancy a beach house and just wish to get completely away from it all; have a real rest; almost go back in time, it’s possible on Armona Island. Armona Island is located just off the coast in front of the town of Olhao in the East Algarve.
Armona Island can only be reached from Olhao where a small ferry or water taxi takes you. There is no traffic on Armona Island: no cars, no motorbikes, and only a very few bicycles. There are a few hundred houses on Armona, a handful of restaurants and small supermarkets stocking the basics for everyday life.
The houses are mostly single-storey; some being permanent homes but the majority are holiday homes. The habitants are fishermen and their families but visitors are always made welcome and can taste the daily catches in the restauraunts. Armona Island is a place for walking, riding a bicycle or simply just doing nothing and absorbing the tranquility.
A 5 bedroom villa for sale on Armona Island offered in a good conidtion and ideal for a beach house or for renting out as an investment. The property enjoys terrace views of the beach and sea.
The property it 113m2 on a plot of 152m2.
The price is €215,000.
For more information and photos on this Beach House on Armona Island, Algarve email us here
Airport Car Hire
Long haul flights can really take a lot of energy out of you. The last thing you want to do is hang around the airport any longer than you have to. You want to get to the place you are staying as quickly and as easily as possible.
A good option then is Airport car hire. If you book ahead you will not only save money on the cost of the car hire but you will also avoid any stress or worry about the availability of cars when you land.
At peak times car hire companies occasionally experience a shortage of cars. The summer months bring high demand to this sector. As with airlines, the earlier you book in advance the better your chance of getting a bargain deal.
If you are visiting Ireland then Cork or the rebel county as it is known by locals is a must see. The self proclaimed people’s republic of Cork offers plenty of scope for rental car touring. Cork Airport car hire is a worthwhile option to consider.
Cork is a city of culture with no shortage of music, theatre and film to enjoy. Famous musicians from Cork include Cathal Coughlan, Sean O Hagan and the Sultans of ping.
