Posts

Showing posts with the label Apartment for Sale Lisbon

How has the Portugal Real Estate Market Changed?

Image
The increase in demand for real estate has noticed a drop of 13% in the stock of Portuguese properties available for sale in the first quarter of 2022 apart from the beginning, as a comparison to what was available in the same period in 2021. The most recent research confirms that the real estate sector in Portugal is booming.   In 2021, the real estate market in Portugal noticed a hike of 13.8%. And one year ago, the increase was only 5%. The market will have grown by 20% by 2022, affecting those who were not interested in purchasing. Objects have become more commonly bought in small towns. At the start of 2022, the average cost per square metre was 2,000€. The value of the new buildings was 1.5 times higher than the secondary market. It is just like paying 3088 € over 1871€ for a single-meter square.   The highest property prices were noticed in Real estate in Lisbon and Porto. On average, the cost of notice in the center of Lisbon is 4850 € per meter square, and th...

Tips for First Time Home Buyers

Image
The prices for  real estate in Lisbon  are worrying the property investors, especially the first time home buyers who have always wanted to have a dream place of their own but now are hesitating by seeing the prices.  So, here are a few tips that will enhance your first-time home buying and ease the process.    1. Stick to the Budget  More than physical, home buying is an emotional experience but remember not to flood away in the emotions and don’t make an expensive instant purchase that doesn’t fit your monetary purchase and later feel restless.    Instead, stick to your budget, and you can always remodel and renovate your home when you have the money. This way, you will always feel safe & secure.    2. Secure the Finances  Before finalizing the property, secure your finances. For example, are you going to pay the entire amount in one go, or are you willing to take a loan?  If you’re saving up for a while, ...

Tips for Putting Your Apartment for Sale

Image
Who wants to keep multiple houses in multiple locations in a fast-moving lifestyle? A very few, the reason is unnecessary expenses in the maintenance. So, it's better to sell unutilized houses.  Thus, if you're planning to sell the house, then here is the checklist of points to follow.  1. Valuation Once you have decided to put your  apartment for sale in Lisbon ,  immediately get the valuation either with the help of evaluation companies or individuals.  If not, you can research on the internet to find the core valuation of your property & keep adding for the additional facilities you will be providing.    2. Documents  Once the evaluation succeeds, prepare for the documents as the legal documents link a buyer & a seller. The lists of necessary are given below: Title documents: It shows that no unpaid amount remains in the property's name.  Previous sales papers: If the property has been sold multiple t...