Pros and cons of buying Portugal property privately as opposed to the more traditional route via an estate agent

Pros and cons of buying Portugal property privately as opposed to the more traditional route via an estate agent, In the UK, sales between private individuals, without the involvement of an estate agent, are not commonplace.

True there are a number of websites(Portugalsale and RentalsPortugal) nowadays enabling sellers to advertise their property direct to potential buyers, but the vast majority of us still use the services of an estate agent when buying or selling a property.

In Portugal, however, private sales, usually referred to as ‘ entre particuliers ‘, are common.

They tend to be favoured by the more mature buyer, who perhaps has experience of buying and selling, and who therefore knows how things work and what to expect from the legal process.

The younger generation tends to favour buying through a local agent, as do those who are new to an area, where they are unsure of local property values.

But for a well-informed buyer, the idea of potentially saving himself the cost of the agency fee is appealing.

There is no question that for a UK-based buyer, perhaps with limited Portuguese and unfamiliar with how the Portuguese buying system operates, buying through an agent will provide that extra level of support, as they guide you through the sales process. A good agent will be able to keep you informed as to the progress of the sale, and when it comes to completion day they should accompany you to the notaire ’s office for the signing of the acte de vente.

Find your DreamHome in Portugal.

Central Portugal Property For Sale, Central Portugal has an extremely varied topography; with mountains lakes, rivers, flatlands and shorelines. The most popular property in central Portugal are its rustic properties and renovation projects. However, there is a trend for younger families moving into the area looking for opportunities to build businesses in a more child friendly environment.