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Blog
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Can I get a mortgage in Portugal?
Anyone who is buying a property in Portugal can apply for a mortgage, even when you are living abroad an buying a holiday home in Portugal. But It’s very smart to sort out your mortgage possibilities early in the buying process so you can know how much you can afford and work out the monthly payments. There are many things to consider when it comes to mortgages, our Mortgage expert Professional Ana can help you. -
The best things to do in the Algarve
he Algarve is the most Southern part of Portugal and stretches all the way from east to west, offering many different and exiting environments. From amazing beaches, nature reserves, beautiful cities, and adventurous activities. Between May and September the Atlantic coastline is at its warmest which attracts Dolphins and whales to come quite close to the shores. There are many local businesses to find who offer so called Dolphin tours. You can find them in -
Cost of buying a Property in Portugal
Besides knowing the Process of buying a property in Portugal, it´s important to understand which costs you will be charged so you never get any unexpected surprises. Our WESTMARK professionals will always inform you what will apply for you. But here is a small recap. When you work with a Estate Agents who acts as your Property Consultant, please be very careful! Some agencies claim to work for you FREE of charge. But we all know that nobody works for free. These agencies are getting paid by -
What are the running costs of a property in Portugal?
Portugal is known for the low tax fees and that also applies for properties. There is only 1 tax applicable for property owners and that is called: Council tax The council tax (Imposto Municipal sobre Imóveis) is charged by the City Hall of your village (Camara Municipal) and the rate is calculated based on -
Your best property Sales Advisor
Are you thinking of selling your property in Albufeira, Vilamoura, Loulé or anywhere else in the Algarve? Reach out to WESTMARK estate agency. At WESTMARK, we are committed to revolutionizing the real estate experience by offering transparent and affordable services to sellers. Our unique model, based on fixed packages rather than high commissions, ensures -
What is the property Tax in Portugal?
Anyone who owns a property in Portugal on 31 December is in principle liable to pay Property Tax for that year. The Portuguese property tax – which is called in Portugal: Imposto Municipal sobre Imóveis (IMI) - is a municipality tax and gets charged by the Finance office. The value gets determined on