Find out about the costs and process of buying property in Portugal. learn about Capital Gains tax and about IMI Property tax. Get some tips on buying and selling real estate in the Algarve.
What you need to know about buying property in Portugal. Your questions answered on property documents and paperwork required for real estate purchase by Sunpoint Properties, West Algarve property experts. The decision to buy property is generally a significant one for most people. This is particularly true if purchasing property abroad. While it is easy to get caught up in the excitement, with... Read More
What you need to know about capital gains tax in Portugal and what it means for your Algarve property sale. All Finance Matters explain the tax, its exemptions and what can be deducted. The concept of Capital Gains tax is pretty straightforward. The gain occurs when you sell something, in this case property in Portugal, for more than you spent to acquire it. However, as with all things tax rela... Read More
What is the IMI tax? Who pays IMI and who is exempt from IMI? These and more questions answered about property tax in Portugal by accountants All Finance Matters. IMI, Imposto Municipal sobre Imóveis (Municipal Property Tax) is levied on the taxable value of properties in Portugal. The tax reverts to the council/ municipality where the property is located. In the article below, Ricardo Chav... Read More
Capital gains tax for residents and non-habitual residents (NRH) in Portugal. How much tax you pay will depend on whether you are resident in Portugal, or selling while under non-habitual residence status, and also on whether you can benefit from the roll-over relief. Insights by cross-border tax and wealth management experts, Blevins Franks. In the article below, published in March 2023, ... Read More
Insider tips from experienced property agents about buying and selling property in the Algarve. We asked some of the region’s most experienced and successful independent real estate agents for their tips and suggestions, garnered from years of experience in the Algarve property market. You’ve made the decision to buy property in the Algarve. The lure of a wonderful lifestyle and fabulous we... Read More
Practical tips and advice on buying a second-hand house in Portugal. How to spot potential problems and resolve them. What to look out for and what to plan ahead for when you buy a used property. Buying a house or apartment is an exciting time. And owning a property in the Algarve is possibly a long-held dream that you are finally making real. You dream of what life will be like in your n... Read More
Why buying an investment property in Portugal, specifically in the Algarve, makes sense. Good rental yields from Airbnb properties, low interest rates, good capital appreciation, low property tax, strong tourism and a stable and peaceful society are some of the factors. Property in the Algarve is generally recognized as being a sound investment. Portugal is on everyone’s hot list at the ... Read More
Portugal is currently one of Europeâs most dynamic property markets with investors looking for properties, retirees looking for new homes and digital nomads looking to put down some roots in a place where they can find a great work-life balance. The Algarve with its endless beaches, wonderful climate, fresh air to breath and easy-going vibe is one of the most consistently attractive areas to ... Read More