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Porto, Portugal

What do I need to know when buying property in Portugal?

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Portugal Residency Advisors
Portugal Residency Advisors
Portugal Residency Advisors
Portugal Residency Advisors

When we asked expats what advice they would give a foreigner before buying a property in Portugal, they said...

"Last Fall, we looked in Cascais and other costal towns near Lisbon and in the Algarve. We did purchase a property. Since then, we learned a few things that may be helpful to you. 1. There is no MLS equivalent. Different companies have different sources of properties for sale. 2. Work with more than one real estate agent at the same time. 3. Make sure your agent is licensed. 4. If looking at other than new construction, check for mold and mildew build up, insulation adequacy, Heating and a/c availability. All new construction we looked at was well built and majority had a/c. 5. It doesn't hurt to make an offer, even if the real estate agent says the owner won't sell below list. One thing you might do is purchase health insurance for your trip. Your US health insurance most likely won't cover you. Something you need to check. We ended up buying GeoBlue (tied in with Blue Cross) for our stay in Portugal," explained one expat living in Portugal.

"Understand what is and is not including in the price. It is common for sellers to take appliances, light fixtures, and much more with them if it is not listed in detail in the offer. Be patient. See many properties to understand the market. It's nearly impossible to do a market analysis of the asking price since historical sales are not easily known. When you find something you like, move quickly. No two sellers are alike. Some are highly motivated and will negotiate. Many will not budge. In Portugal you are basically buying the property "as is." Inspections are almost unheard of. Be prepared for unexpected expenses and repairs after closing," said another in Matosinhos, Portugal (a suburb or Porto), Portugal.

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Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.

GreenbreezeGreenbreeze

Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.
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What do I need to know when buying property in Portugal?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Porto, Portugal
Greenbreeze
Greenbreeze

Discover the most well kept secret of Portugal - Arrábida.
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GreenbreezeGreenbreeze

Discover the most well kept secret of Portugal - Arrábida.
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Portugal Residency Advisors
Portugal Residency Advisors

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