The idea behind paying tax on a profit made from selling real estate in Portugal is simple. Profit is realized when an asset is sold for more than it cost to acquire it; in this example, Portuguese real estate. But, like with other types of taxes, there may be ways to reduce your capital gains tax liability. When an asset is sold for more than it was originally purchased for, the seller realises a...
The selection of a real estate firm is crucial when selling a home in Portugal. Many Portuguese real estate agents have a wide variety of homes in all of the country's regions. By law in Portugal, you may list your home for sale with as many brokerage firms as you choose all at once. On the other hand, many of these services will merely put your home on the market and wait for a buyer to contact them....
The procedure of selling a house in Portugal to overseas buyers is well-regulated, although it may seem overwhelming to a foreigner. The best method to guarantee the quick and profitable sale of your home is to work with an experienced, and professional local estate agent with a proven track record in Portugal, and implement their recommended marketing strategy. Or if you want to go it alone and market...
A number of wealthy, high net worth individuals from the United States have been looking to buy property in New Zealand. This property buying spree has accelerated since Jo Biden became the President of the United States. LinkedIn co-founder Reid Hoffman said that “New Zealand" had now become a code word for an end-of-the-world scenario among the rich and famous of Silicon Valley. Properties...
If you’re looking to sell property in the Netherlands, no doubt encouraged by the rising property prices, you won’t mind Brexit too much. Because while there has been no immediate effect of the Brexit on the property market in the Netherlands, there’s no question that Britain’s decision to leave the EU has encouraged more London-based businesses to look at Amsterdam as an...
If you’re looking to sell luxury villas in Argentina, you would no doubt be frustrated at how ineffective management of the national economy by the Argentine government, which has kept property prices down for such a long time. Since then, Argentina hit rock bottom and is now making a comeback. Interest is high among foreign investors looking for bargain investments in Argentina. Frederico...
You can find them easily enough; just look for titles like "Sell Property Privately In Ireland: Gain the Insider Knowledge of a Real Estate Professional and Save Thousands by Selling Your Home on Your Own. For those who would rather go it alone, there is also a product called The Complete Idiot's Guide to Success as an Estate Agent: The Sell Your Own Home Kit. DIY home sales are commonplace in some...
Any prospective Portuguese property buyer must first apply for and receive a Fiscal Number from the "FINANAS" (Tax Department). In addition to using your fiscal number to establish a bank account, purchase a car, etc. in Portugal, you'll also need a valid passport or another official Portuguese form of identification. How much will it cost to buy a house in Madeira? (Imposto Municipal sobre...
The aftermath of Britain's vote to leave the European Union saw the value of the pound plunging, sending the pound to its lowest level against the euro in six years. Now might be a good moment to sell your overseas property and reap the rewards of a poor currency rate and rising Portuguese property values following the global financial crisis. In this guide, we will provide you specific instructions for...
Thinking of selling property in Portugal privately online? A real estate agent in Portugal will normally collect a 5% fee plus VAT on the sale price. Many international residents in Portugal, and a rising number of locals, find that price tag completely unaffordable. In this case, 5% of €250,000 equals €12,750. A charge of €37,500 is possible if your house is more expensive than €750,000. It...
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