Palmela is located roughly 25 km south of Lisbon, and is part of Portugal's Lisbon Region, has a rich heritage, and excellent access to Lisbon Airport, and attracts investors and private persoanl use property buyers from UK, United States, Germany, and across Northern Europe.
There are many places to find distressed or foreclosed properties in Palmela, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses and you may find cheap distressed Palmela property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
FEATURED Portugal LISTING
Location : Monchique, Algarve
Property Type: CommercialProperty Terms: For SaleLocal Currency Price: 2.600.000 eurosPrice in USD: $2,722,880
Palmela generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Palmela is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in Portugal
