How to sell a property in Portugal, via an Estate Agent, an agent who specializes in overseas property, or if selling a property by owner.
To sell a house, apartment, villa or any type of property in Portugal, you'll need to follow some simple steps.
In Portugal it is essential to have to hand a clear legal title to the property, and ensure you have all the correct documents before you come to sell a property in Portugal.
You'll need several documents to sell your property in Portugal:
Certificado de Registo Predial (Land Registry Certificate): This proves your ownership and the legal standing of the property.
Caderneta Predial (Property Tax Book): This shows the property's tax status.
Energy Performance Certificate (Certificado Energético): Required by law for any property being sold or rented in Portugal.
Property Deeds: You will need the title deeds (Escritura de Propriedade), which prove ownership.
Declaration of Tax Compliance (Declaração de IRS): Ensure your tax situation is in order.
You have the option of selling by owner, or using an estate agent to assist in the selling process. There is no option though when it comes to the leagl side of the sale. Use a real estate lawyer or notary that specializes in Portugal real estate transactions.
Marketing and advertising the property should be done in a wide variety of avenues, including listing on an international property listings website, especially if selling by owner (FSBO).
Sign the deposit contract and move towards closing the transaction once you have found a buyer for your property.
In Portugal, you the seller will pay taxes, a tax that is usually a percentage of the profit from the sale.
You can work with a team of attorneys, accountants, and real estate agents during the sale or a mix of those professions depending on how you wish to sell your property.
Note this information is purely a guide, and if selling or renting in Portugal, we advise you to seek professional help as relates to your specific needs.
Find out how to list a property in Portugal for sale .
Portugal is known for its mild climate, 300+ days of sunshine in some regions, excellent food and wine, and a relaxed lifestyle, plus Portugal is know for safety, good healthcare systems.
Buyers and investors look towards areas such as Lisbon with luxury apartments modern luxury condos, and waterfront living, Cascais & Estoril, coastal towns near Lisbon with luxury villas and golf resorts, and the Algarve with its golden beaches, golf, and gated luxury communities.
In addition Porto & Douro Valley as a growing luxury market, and Comporta & Melides attracting ultra-high-net-worth buyers for luxury properties.
Portugal luxury property investment and personal use properties is an attractive option due to Portugal being a stable EU and Eurozone member, supporting property ownership security, and there are no restrictions on foreign buyers, with ownership laws being transparent.
Prices tend to be lower than in France, Spain, or Italy, while still offering world-class locations and lifestyle, so buying luxury property in Portugal is attractive for investors seeking rental income, owners looking for lifestyle benefits, the EU security, and long-term appreciation for a permanent residence, or as an investment.
