HOW TO SELL

Tips for selling a property in Portugal

You know how great your home is but when you sell your property, you have to convince someone else as well. We’ve been selling property in Algarve for over 20 years, and we know what works.

Our first sugestion is: Presenting your property

We get so used to the places we live in that it’s sometimes hard to see them through others’ eyes. But if you want a successful, quick sale, that’s exactly what you have to do and first impressions count for a lot.

A few hours spent making your property look its best or even spending a bit of money to clear up some niggling problems, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger. Making your home more saleable. We can offer recommendations if required.

Here are a few tips to get you started;

  • Think like a buyer 
  • Reduce clutter 
  • Decorate neutrally
  • Keep it light 
  • Outside and in – buyers will often walk or drive past first, and fresh paintwork and well cared for outside spaces make a great first impression

Whether you are relocating to another area or country, wish to release some of your capital, or just fancy a change of property, selling your home quickly should be through a convenient and effective medium.

Place your property with us and we will give it the best exposure possible. Our professional skills will be put to good use as we describe and photograph your property and display all details on our comprehensive web site.

Wherever your property is situated in Algarve and whatever style of property you own, if you are looking to sell, then contact us. We would be pleased to meet with you and discuss our marketing strategy. We’ll help with every stage of your sale, from valuation to marketing and conveyance.

The legal requirements and process for selling a property in Portugal are  very similar to those for purchasing.

Therefore it is important that all relevant documents are available and up to date and there are no outstanding charges against the property. (See list below of legal documents required to sell your property. If some of these documents are not in order, don’t worry we can assist you in checking the documents).      

Incomplete documentation and outstanding charges will delay the sale process, and in some instances this maybe for many months which in the worst scenario will put a buyer off.

Selling property can be simple, just ask us!

 

Legal documents required: (each property is a case therfore some of the below documents are not required)

  • Copy of  IDENTITY CARD or PASSPORT or  RESIDENCE CARD and  FISCAL CARD or NIF (issued by the financial department)

 

  • PROPERTY REGISTRATION CERTIFICATE  (CERTIDÃO DE REGISTO PREDIAL)  (Land registry document issued by the Land registry department “Conservatoria de Registo”, stating whom the property is registered to, the location and the description of the Property / Plot / Company / Commercial with sizes of the land and the house and will show any existing charges/loans or debt registered by a third party).

 

  • COMPANY REGISTRATION CERTIFICATE (CERTIDÃO DE REGISTO COMERCIAL) (Doc. Issued by the Land registry department “Conservatoria de Registo”, stating all the company legal details)   

 

  • FINANCE DEPARTMENT REGISTRATION (CERTIDÃO DE TEOR (old Caderneta  Predial Urbana or  Rustica) (property /document/booklet issued by the Finance department stating the description of the property / Plot / Comercial, area of construction, plot size and its fiscal value (rateable value) on which rates are charged).

 

  • HABITATION LICENCE/CERTIFICATE OR CONSTRUCTION LICENCE: (this document is issued by the local Town Council, confirms that the property was or is being built according to the local Council plans and specifications and that the   property has been inspected for habitation upon completion).

 

  • OR, Doc. Issued by the council Stating the property was built pre 1951

 

  • Copy of the last 5 years Invoices of IMI (Property / Plot RATES) (old contribuição autarquica): payment receipts are issued by the finance department. Calculations are one year in arrears, usually payable in two parts, April and September. Upon purchasing a property a financial adjustment to the date of sale will be made to allow for the arrears amount.

 

  • Copy of the last  month invoices for Water / Electricity (EDP) / Gas / Telephone / Condominium charges  

 

  • Copy of CONSTRUCTION PLANS and LOCATION PLANS (to check that what has been built or is being built is in accordance with the original approved plans). 

 

  • Copy of the PURCHASING DEED (This document indicates the title of acquisition of a property and its purchased value).

 

  • Copy of Technical Specification of construction of property (FICHA TECNICA DA HABITAÇÃO):Document issued by the Builder indicating all materials used on the construction for all properties built after July 2004

 

  • BOREHOLE LICENCE / LICENÇA PARA CAPTAÇÃO DE AGUA: (This document confirms the borehole is registered with the relevant authority)

 

  • Copy of  ENERGY PERFORMANCE CERTIFICATE -  (Law applicable from 1st January 2009, the energy performance certificate – EPC,  will be required whenever a building is built, sold or rented out)

 

  •  Copy of Environment Certificate / Certificado Hambiental (only applicable for properties building projects submitted to local council since the 1st July 2008).

 

  • Copy of ENERGY SAVING MANUAL (Manual de Utilização) (only applicable for properties building projects submitted to local council since the 1st July 2008).

 

Step-by-step guide to selling property in Portugal
What taxes and cost are incurred in selling a property in Portugal