"Portugal is a place where everyone is welcome and can be happy!"
Frederico Ribeiro - Broker/Owner at RE/MAX Inn, Leiria
Excellent life quality and 300 sunny days a year!
Not to mention fantastic healthcare and world-class vineyards! With RE/MAX, making that dream move or having a second home in Portugal is easier than ever - for all budgets! Want a villa on the coast? No problem. Fancy a renovation project a stone’s throw from the Spanish border? Read on.
The diverse landscape and culture Portugal has to offer has been a major draw for sun-seeking home buyers for decades. Rolling green vineyards; cosmopolitan cities; stretches of picturesque beaches and the Atlantic within easy reach of most of the country.
It has something to offer every type of property hunter too, from its permanently popular Algarve coast in the south, to the more up-and-coming Costa de Prata in the north. With development projects continuing to boom nationwide, there’s never been a better time to invest in the Alentejo.
What types of properties are available?
Wake up with the sunshine peeking through old wooden shutters or watch the lights from your balcony over Porto. There are as many types of property available in Portugal as there are reasons to live there. Take a look at the RE/MAX Portugal website and browse thousands of listings waiting to be made yours!
What does an expat need in order to buy in Portugal?
In order to become a property owner in Portugal, foreign nationals need to get a Número de Contribuinte (Tax Number) from a local Finanças (finance office). The usual rate for a deposit in Portugal is around 10% of the agreed sale price. It is also important to remember, that it is the buyer’s responsibility to hire a solicitor to read through the promissory agreement before signing takes place. The good news is that Portuguese banks are happy to lend anything up to 70% of the value of the property to non-nationals.
Read our deep dive blog post on how to buy property in Portugal.
REAL ESTATE FACTS
- Portugal is western Europe’s most dynamic property market.
- Real estate is booming and showing no signs of slowing down.
- Portugal is a safe market due to its proven record of resilience
and relatively low property prices.
RE/MAX IN PORTUGAL AT A GLANCE
RE/MAX Portugal is one of the most promising regions in the RE/MAX Europe Network, boasting over 10,000 associates across more than 340 offices nationwide. No one sells more real estate than RE/MAX, and nowhere is that truer than in Portugal.