The Portuguese region of the Algarve represents a valid opportunity for real estate investments that allow a very interesting annual income. We will provide you with some useful information for your evaluations:

REAL ESTATE INVESTMENTS

algarve

The Algarve is the southernmost region of Portugal and its landscape made up of rolling hills full of vineyards and orange groves that meet golden sandy beaches and beautiful rocks overlooking the sea has made it a popular tourist destination. Every year, in fact, thousands of tourists from all over the world come here for their holidays. The very temperate climate makes you want to visit this region even in winter. But it’s in the period from June 15th to September 15th that the greatest influx is created that abundantly populates the beaches, the premises and consequently the apartments and houses.

PRICES

Presently you can still invest in an apartment, an excellent investment starting from around 75-80 thousand euros. Logically, the closer the property is to the ocean, the greater the price per square meter. So with that figure you could buy a one-room apartment (T1) near the sea or a two-room apartment (T2) at a certain distance from the beaches but always close to services or in a rural area.

FIXED COSTS

Condominium fees are the responsibility of the owner. Most of the houses do not have gas, so the connections to be made, at no cost, are electricity and water (which often also includes the tax on the rubbish).

PRICES

Presently you can still invest in an apartment, an excellent investment starting from around 75-80 thousand euros. Logically, the closer the property is to the ocean, the greater the price per square meter. So with that figure you could buy a one-room apartment (T1) near the sea or a two-room apartment (T2) at a certain distance from the beaches but always close to services or in a rural area.

FIXED COSTS

Condominium fees are the responsibility of the owner. Most of the houses do not have gas, so the connections to be made, at no cost, are electricity and water (which often also includes the tax on the rubbish).

BUREAUCRACY

To purchase a property you need to have the Portuguese tax code that is acquired at most in a couple of hours (including waiting times) at the Portuguese Finance’s office at a cost of Euro 10.20 and that does not involve any obligation. It would always be preferable, even if not indispensable, to open a bank account in Portugal to facilitate some operations, also considering the fact that many owners do not accept foreign bankers’ checks. The notary has a commission of less than 300 euros for the deed of the sale. At the time of the deed you also pay a registration tax of 0.8% of the cadastral value of the apartment and a tax on the second home amounting to 6% which you’ll pay only once. As a reference for the purchase of an apartment of the value indicated above (75/80 thousand euros) the total expenses are less than 2000 euros. The agency fees are paid by the seller only. In one day you can complete all the bureaucratic formalities.

REVENUES

The demand for rents is always very high for both seasonal and annual ones. Many owners in the past rented their properties only in the summer weeks because at that time they can ask for a week what in the winter would be the rent of a month.

But now things are changing for two fundamental reasons:

1) the Portuguese government wanted to incentivize annual rents with a tax of 7% lower than seasonal ones (called Alojamento Local)

2) renting the property on a permanent basis with a secure income and with the utilities at their own expense, greatly safeguards the safety and good maintenance of the property itself and its investment.

WHY THE ALGARVE?

Have you never thought that such a small country could allow investments of certain success? Find out why.

WHY THE ALGARVE?

Have you never thought that such a small country could allow investments of certain success? Find out why.

PRICES

A moderate taxation and very low bureaucratic costs

PRICES

A moderate taxation and very low bureaucratic costs

BUREAUCRACY

A lean bureaucracy without unknown surprises.

BUREAUCRACY

A lean bureaucracy without unknown surprises.

FIXED COSTS

The possibility of having a profit also after the deduction of operating expenses.

FIXED COSTS

The possibility of having a profit also after the deduction of operating expenses.

REVENUES

A possible return on your investment from 7% to 13%.

REVENUES

A possible return on your investment from 7% to 13%.

BUREAUCRACY

To purchase a property you need to have the Portuguese tax code that is acquired at most in a couple of hours (including waiting times) at the Portuguese Finance’s office at a cost of Euro 10.20 and that does not involve any obligation. It would always be preferable, even if not indispensable, to open a bank account in Portugal to facilitate some operations, also considering the fact that many owners do not accept foreign bankers’ checks. The notary has a commission of less than 300 euros for the deed of the sale. At the time of the deed you also pay a registration tax of 0.8% of the cadastral value of the apartment and a tax on the second home amounting to 6% which you’ll pay only once. As a reference for the purchase of an apartment of the value indicated above (75/80 thousand euros) the total expenses are less than 2000 euros. The agency fees are paid by the seller only. In one day you can complete all the bureaucratic formalities.

REVENUES

The demand for rents is always very high for both seasonal and annual ones. Many owners in the past rented their properties only in the summer weeks because at that time they can ask for a week what in the winter would be the rent of a month.

But now things are changing for two fundamental reasons:

1) the Portuguese government wanted to incentivize annual rents with a tax of 7% lower than seasonal ones (called Alojamento Local)

2) renting the property on a permanent basis with a secure income and with the utilities at their own expense, greatly safeguards the safety and good maintenance of the property itself and its investment.

data on the real estate industry

The small diagram indicates the period from October to April, the big one from May to September

%

89% of properties occupied for at least 6 weeks during the summer

%

47% of properties occupied for at least 6 weeks in the winter period

ABOUT

A team of Italian entrepreneurs who reside permanently in the Algarve.
We have already successfully completed many investments and possess the necessary skills.

All our employees are provided with an AMI license 11051 to carry out real estate transactions in Portugal and ready to assist you step by step.

OUR SERVICES

We directly assist potential buyers, investment companies and real estate agencies with the services.

U

Property search

A targeted search based on the parameters you indicated aiming for maximum profit

BUREAUCRACY

A practical support in finding and managing documentation before and after purchase

management

Rental management and the search for tenants with proven annuity for annual rents

RESALE

The opportinity to put any type of property on the market for sale

BANk

We’ll put you in contact with local banking institutions with excellent ratings & attractive rates

LAW & FINANCE

Contacts with a local lawyers / notaries / accountants for targeted and secure advice

FAQ

Do I necessarily have to come to Portugal?
In general, yes, but you can complete all the bureaucratic formalities in 24/48 hours. There is the possibility of being represented by a third person with a power of attorney issued by your local notary
How much after my investment will I start to receive revenues?
The property will be rented within 60 days from the notarial deed, but usually a good vacant property remains on the market less than a week
And what if I want to sell my property again?
No fear. We will insert it into our buying and selling circuit, aiming to get you the maximum profit possible
Do you still have questions?

Would you like to write them down or have an audio / video chat?

Do not hesitate to contact us by leaving your contacts in the form below. We will do our best to answer and satisfy any need for further information.

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