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Buying Process
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Mojo52
6/15/2016 07:14 EST

Hi everyone

We have sold our house ready to move to Portugal.
Please can you give us some idea of the percentage you should knock off the asking price when buying a property. Is it like the UK? Say about 10 % ?

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00abuse

JoanaMartinsFarinha
6/17/2016 12:13 EST

Dear Mojo52

I hope my message finds you well.

Regarding your question, please note that in Portugal the real estate agents usually have a commission of about 8%. Nevertheless, you can always negotiate the price, depending on the value of the property. I am a lawyer and I alredy saw some cases of 20% knock off. So it will depend.
I hope this helps.

Kind regarda

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00abuse

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