Portugal Real Estate
Portugal Real Estate
Portugal Real Estate

Why Choose PPG

For over twenty years we have built a network of the best professional agents in the most desirable locations. We offer our clients a tailored personal service, at no extra expense. We make sure that buying your overseas property, from initial viewings to final purchase, goes as smoothly as possible.

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Portugal Real Estate

The Area

The Algarve is the southern part of Portugal and runs from Cabo de Sao Vicente in the west, facing out to the Atlantic, to the Spanish border at Vila Real de Santo Antonio in the east.

The main towns of the area are Faro, where the international airport is situated, Albufeira, an attractive seaside resort with many old houses and narrow streets, Portimao, a town with a large fishing fleet and its adjacent seaside resort of Praia da Rocha with hotels, shops andexcellent sandy beaches. Further west is the town of Lagos, also with a fishing fleet and a small marina.

For those liking the smaller, quieter beaches and coves, Olhos D'Agua just east of Albufeira offers an almost perfect setting with sandy beach and rocky coves and a small village set in a ravine with excellent small restaurants which include a choice of fresh seafood. Carvoeira further west towards Portimao again offers a similar attractive setting though the village is a little larger. To the east of Faro is Tavira, an old, very historic town with fascinating buildings with unusual undulating roofs and several old churches plus a castle. On the Spanish border is the holiday resort of Montegordo with a long sandy beach and pine covered dunes behind.

The Algarve inland has a great appeal to those wanting tranquillity. The coastal plain is gently rolling with almonds, figs, vines, olives, cork trees etc. on reddish soils but behind there lies a range of mountains with the most excellent views and many small hill villages.

Activities

For yachting enthusiasts the new town of Vilamoura has a good yacht marina and adjacent is the seaside town of Quarteira with many restaurants, bars, etc. Golf courses in the area include Val de Lobo near Faro and Penina between Portimao and Lagos, but there are several other courses to choose from. Towns such as Silves, with its old castle and historic cathedral are well worth a visit.

The tiny hamlet of Caldas de Monchique, some 25 minutes' drive inland from Portimao, has a spa, several small restaurants and a very inexpensive small hotel just 5km below the town of Monchique perched right at the top of the mountains.

Guide to the Portugese Buying Process

1. Signing a Letter of Intent
On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.

2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)
The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.

3. On Completion
The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.

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IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

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3 bedroom townhouse for sale, Almancil, Central Algarve, Algarve Golden Triangle

3 bedroom townhouse for sale, Almancil, Central Algarve, Algarve Golden Triangle
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3 bedroom townhouse for sale, Almancil, Central Algarve, Algarve Golden Triangle

Unique opportunity to acquire a plot with approved planning for 11 townhouses with pool and garden, located near all amenities in Almancil. The properties of contemporary architecture, fine mat...

REF: 229765
  • Floor Size: 2,480 square metres
  • Plot Size: 10,550 square metres (1.06 hectares / 2.61 acres)
  • Bedrooms: 3
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169 bedroom hotel for sale, Lisbon City, Lisbon District, Central Portugal

169 bedroom hotel for sale, Lisbon City, Lisbon District, Central Portugal
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Price Reduced

169 bedroom hotel for sale, Lisbon City, Lisbon District, Central Portugal

PRICE REDUCED - Excellent up and running hotel located near Lisbon, set within a large 30 hectare plot with a golf course and wellness centre, with planning permission already in place to build a sele...

REF: 214738
  • Floor Size: 170,000 square metres
  • Plot Size: 300,000 square metres (30.00 hectares / 74.13 acres)
  • Bedrooms: 169
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Plot of land for sale, Setubal, Setubal District, Alentejo Southern Portugal

Plot of land for sale, Setubal, Setubal District, Alentejo Southern Portugal
18,300,000 EUR

Plot of land for sale, Setubal, Setubal District, Alentejo Southern Portugal

Nearly 115 acres of land with uninterrupted panoramic views of the Serra da Arrabida for a Real Estate Project with a gross construction area totaling 139,000m2 in Setubal. Residential + Retai...

REF: 224434
  • Plot Size: 463,877 square metres (46.39 hectares / 114.63 acres)
  • Bedrooms: 0
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220 bedroom commercial property for sale, Sintra, Lisbon District, Central Portugal

220 bedroom commercial property for sale, Sintra, Lisbon District, Central Portugal
18,000,000 EUR
Price Reduced

220 bedroom commercial property for sale, Sintra, Lisbon District, Central Portugal

PRICE REDUCED - Excellent opportunity to purchase an approved project to build a golf and country club located in Sintra, ideally situated within a sustainable tourist environment, on a large 50 hecta...

REF: 214387
  • Bedrooms: 220
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10 bedroom villa for sale, Estoril, Lisbon District, Central Portugal

10 bedroom villa for sale, Estoril, Lisbon District, Central Portugal
16,500,000 EUR

10 bedroom villa for sale, Estoril, Lisbon District, Central Portugal

Built in 1911, this superb palace is located right alongside the sea front with stunning views, situated just a 5 minute walk from Estoril. - Sea views - Land: 2,490m2 - Indoor and outsid...

REF: 204046
  • Floor Size: 400 square metres
  • Plot Size: 2,490 square metres (0.25 hectares / 0.62 acres)
  • Bedrooms: 10
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Commercial Property for sale, Sudoeste, Beja District, Alentejo Southern Portugal

Commercial Property for sale, Sudoeste, Beja District, Alentejo Southern Portugal
12,000,000 EUR
Price Reduced

Commercial Property for sale, Sudoeste, Beja District, Alentejo Southern Portugal

PRICE REDUCED - Approved project located in Costa Vicentina in a natural park in Sudoeste Alentejano, close to beaches, in one of the most beautiful regions of the country, within a well preserved ...

REF: 214331
  • Floor Size: 48,015 square metres
  • Plot Size: 95,556 square metres (9.56 hectares / 23.61 acres)
  • Bedrooms: 0
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Beautiful restored hunting lodge for sale in Sintra, Portugal with over 2 hectares of land

Beautiful restored hunting lodge for sale in Sintra, Portugal with over 2 hectares of land
9,500,000 EUR

Beautiful restored hunting lodge for sale in Sintra, Portugal with over 2 hectares of land

This beautiful property dates back to 1739 when it was a hunting lodge of a Nobel Portuguese family. The property exhibits typical architectural features of a Portuguese manor house with the interior...

REF: 198387
  • Floor Size: 1,818 square metres
  • Plot Size: 26,419 square metres (2.64 hectares / 6.53 acres)
  • Bedrooms: 3
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7 bedroom villa for sale, Restelo, Lisbon City, Lisbon District, Central Portugal

7 bedroom villa for sale, Restelo, Lisbon City, Lisbon District, Central Portugal
9,500,000 EUR

7 bedroom villa for sale, Restelo, Lisbon City, Lisbon District, Central Portugal

Superb villa located in Restelo with simply breathtaking views towards the river Tagus, situated in a peaceful and secure area. Set within a beautifully landscaped garden, this superb villa fea...

REF: 214916
  • Floor Size: 1,164 square metres
  • Plot Size: 984 square metres (0.10 hectares / 0.24 acres)
  • Bedrooms: 7
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10 bedroom farmhouse for sale, Azeitao, Setubal District, Alentejo Southern Portugal

10 bedroom farmhouse for sale, Azeitao, Setubal District, Alentejo Southern Portugal
9,000,000 EUR

10 bedroom farmhouse for sale, Azeitao, Setubal District, Alentejo Southern Portugal

Grand and spacious 10 bedroom farmhouse, with a vast total built area of 3,109m2, set within a large 65.8 hectare plot, located in a quiet setting right in the middle of the Arrabida Natural Park in A...

REF: 223290
  • Floor Size: 3,109 square metres
  • Plot Size: 658,000 square metres (65.80 hectares / 162.60 acres)
  • Bedrooms: 10
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9 bedroom villa for sale, Estoril, Lisbon District, Central Portugal

9 bedroom villa for sale, Estoril, Lisbon District, Central Portugal
8,200,000 EUR

9 bedroom villa for sale, Estoril, Lisbon District, Central Portugal

Exceptional and elegant 9 bedroom villa with pool set in 1.5 acres of beautiful landscaped gardens enjoying stunning sea views, located near the beach and all amenities in Estoril. This sumptuo...

REF: 222678
  • Floor Size: 671 square metres
  • Plot Size: 6,366 square metres (0.64 hectares / 1.57 acres)
  • Bedrooms: 9
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