When it comes to purchasing property in the Algarve, look no further than partnering with Imobotilde. Here’s why:

Navigating the complexities of real estate markets can be overwhelming, and making crucial decisions alone is never easy. With Immo Lusitania by your side, you gain a valuable resource to advise and guide you, ensuring a smooth and seamless process throughout!

Starting Your Journey: The initial step is deciding that Portugal is your chosen destination for property investment – a relatively straightforward decision, especially if you’ve already recognized Portugal and the Algarve as ideal places for holidays, investment, and even living. Following in the footsteps of numerous others who have made this European gem their home, you embark on what we refer to as “The Research Stage.” Whether you’re well-acquainted with Portugal or entirely new to the region, Immo Lusitania´s expertise comes into play, guiding you through:

1. Identifying Areas of Interest: We assist you in pinpointing the best areas to purchase property in Portugal and the Algarve.
2. Property Types: We discuss property types that align with your requirements and preferences.
3. Understanding the Buying Process: Our team helps you understand the property buying process in Portugal from start to finish.
4. Exploring Financing Options: We provide insights into financing options tailored to your needs.
5. Establishing Budget and Parameters: We assist in establishing a budget and setting parameters for your property search.

Establishing a Relationship: Establishing a relationship with a reputable agency is crucial. Imobotilde acts on your behalf, providing access to over 1000 properties through a single point of contact. This eliminates the stress and confusion of dealing with multiple independent agencies, a common frustration for potential buyers. Our mission is to be your comprehensive point of contact, offering support with our wealth of knowledge, advice, guidance, and established partnerships in areas such as mortgages, financing, taxation, architecture, construction, currency exchange, NHR (Non Habitual Residency) and legal advice.

Searching for Property in the Portugal: Having forged a partnership with us to find your dream home, the adventure begins. Every client has unique needs, and our role is to listen, consider, research, and present options that align with your preferences. Whether you’re a resident or a frequent visitor to Portugal, our approach varies accordingly. If you’re new to Portugal, we might guide you through the different areas of Portugal over a long weekend, providing a firsthand feel for the distinct towns and villages. While we showcase a select number of properties on our website, our extensive network grants access to hundreds more for your viewings. Additionally, some property owners prefer to keep their listings private, but we can still include them in our viewing schedules.

Securing Your Dream Property: Once your ideal property in Portugal is identified, the process of making it yours begins. So, how does the negotiation and buying process unfold?

1. Reservation Stage: Upon agreement between buyer and seller, a reservation stage commences. The buyer deposits funds into their lawyer’s account as an indication of intent, and we may request the seller to withdraw the property from the market. While not legally enforceable, it provides peace of mind as the Promissory Contract is constructed.
2. Promissory Contract: Legally binding, this stage involves the buyer paying up to 30% to the seller through their respective lawyers. The contract outlines crucial details, providing certainty and timelines for both parties.
3. The Deed – “Escritura”: This formal process of notarization takes place at a local Notary office. The purpose is to ensure correct paperwork and complete the transaction. The buyer pays the balance via their lawyer, and the notary updates the land registry. Congratulations, you receive your keys!

Post-purchase, we offer various after-sales services, including decoration, furniture, rental advice, and more. For more information on buying property in the Algarve, drop us an email, and we’ll be happy to discuss your options.