Frequently Asked Questions of Property Buyers from Real Estate Agents in Comporta

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Before the 2008 financial crisis, which lasted in Europe until 2012, Comporta was predicted to be one of the most sought-after real estate markets in the region for the next twenty-years. The effects of the financial crisis resulted in some Portuguese customers losing access to credit, which contributed to the market’s stagnation which was not reversed for about six years.

Many French nationals appeared in Comporta in the latter half of 2013 and the beginning of 2014, with the help of their Swiss bankers. Perhaps because of financial incentives and residence programs, these individuals began seriously looking for real estate. The outstanding natural beauty, the lovely beaches that stretch from Troia to Melides, the colourful skies, the hospitable attitude and behaviour of the Portuguese locals, high-end development, and consequently the reasonable and organised way of life, are also the main market drivers on real estate business. 

If you want to put your Melides property for sale you can contact Living Portugal Property. They have exceptional knowledge about the properties of Melides and Comporta. The business belongs to Ronald and Carla who have worked and lived there for more than 20 years. They are known for their transparency, honesty, and knowledge. 

There are many things in Comporta that may confuse your decision to invest in real estate. With all the paperwork involved, purchasing a house may be stressful. To accomplish it correctly, you should find the answers to any questions that pop into your head and cause concern. We have gathered some commonly asked questions and answers which can help you decide.

Is the Comporta real estate market secure? 

Comporta provides properties that are legally registered to the owner. The owner is listed in the land registry database, as well as the Tax Office. The duty of maintaining the security and order of the documents is delegated to the notary.

Are there any restrictions?

Although there are no restrictions on purchasing property in Comporta, the purchasing price of all types of properties have risen and continue to rise.

Can a foreigner purchase real estate in Comporta?

The number of foreigners who can buy property in Comporta is unlimited. On the other side, Comportas’ real estate is flourishing and expanding quickly solely because of foreign investment in the area.

What is the procedure for buying a property in Comporta?

  • First, you need to find a dependable agent like Ronald and Carla from Living Portugal Property
  • Next, explain to your agent your requirements so that they can scrutinize and filter out properties that suit your requirements. 
  • Explore all properties, even if you found the first one to be the best. You may never know you may find something exclusive in their list. 
  • Make an offer that matches your pocket and convinces the seller. 
  • To close the deal, obtain a fiscal number and open a bank account. Also hire a lawyer who will complete all procedures for you like documentation, submission, stamp-duty, clearing all taxes and fees, etcetera. 
  • Sign the purchasing contract and pay a deposit to the seller. 

If you know the right way of buying and selling property in Comporta, most of your problems are resolved. Wait no more and buy the best property in Comporta, with Living Portugal Property.

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