MATLAW - Mestre Associate Lawyers’ Post

Thinking of Buying Property in Portugal? That’s fantastic! But let’s face it—purchasing property in a foreign country is a big decision. Proper preparation can make all the difference, saving you time, money, and stress. So, are you prepared? Could you use some expert guidance? Here’s what you’ll need before you start: 1️⃣ Fiscal Number (NIF) 2️⃣ A Reliable Lawyer 3️⃣ Mortgage Options (if needed) 4️⃣ Local Bank Account 5️⃣ Currency Exchange Services 6️⃣ A Skilled Property Professional Team Having these in place transforms you into a well-prepared buyer. You can negotiate deals faster, make stronger offers, and position yourself as a serious buyer ready to act. Why does this matter? With a fiscal number, a trustworthy lawyer, a pre-approved mortgage, and funds in Euros, you’re essentially a cash buyer—someone who can close deals quickly. Sellers love this, which gives you an edge in negotiations. Why trust us? I work with one of the most prestigious real estate companies, backed by over 40 years of experience in Portugal. We’ve streamlined the buying process to make it seamless and stress-free, leaving you with more time to find your perfect home. Why trust me? I’ve owned property in Portugal for over 20 years and have personally handled nearly 20 private transactions. This isn’t just about business—it’s about experience and knowing the ins and outs of the local market. If you’re thinking of making Portugal your next home, I’d love to help you make it happen. Let’s start this exciting journey together!

Step-by-step guide for buying property in Portugal Acquiring property is a significant step, and it is crucial to understand the process to feel secure and aware of your rights. Here’s a straightforward guide to help foreigners navigate property purchases in Portugal: -Legal due diligence on the Property and Owner; -Promissory Contract of Purchase and Sale (on which, as a rule, a nonrefundable deposit amount agreed between the parties is paid to the sellers); -Final Deed of purchase and sale. Besides these, other additional steps sometimes take place, such as: Signing reservation agreements - Follow-up municipality or construction procedures ongoing, - Make amends to the initial promissory contract, - Negotiating mortgage terms, - Setting up new companies or registering foreign companies to complete, among others. For further information, please get in touch with us: www.matlaw.pt | geral@matlaw.pt #portugal #realestateinvestment

Purchasing property in unfamiliar territory can be a real headache and quite a maze navigating through. As the first guide in our series of «How to Buy Property in … as a Foreign National», we’ll have a look at an classic expat favourite – The Philippines 🇵🇭 What are you allowed to buy? Can you buy land? Will Philippine banks give non-Filipinos mortgage loans? We’ll cover these questions and show some loopholes making dreams possible. https://lnkd.in/gsXTE98A #philippinesrealestate #realestate

This read will guide you through all the basic steps of buying property in the Philippines 🇵🇭 as a foreigner. Local laws and regulations could make your dream a bit tricky when it comes to certain property types, but it is possible. #philippines

🌞 Thinking of Acquiring Your Dream Second Home on the Spanish Coast? 🌊 The article "Acquiring a Second Home in Spain" on Find Property Abroad is a must-read for anyone considering this exciting venture! From stunning coastal properties coveted by international buyers to essential financial and tax considerations, this comprehensive guide covers everything you need to know. 🏡 Here's a quick rundown: 1. **High Demand**: Coastal properties in Spain are sought after for investment and vacationing. 2. **Why Spain?**: Enjoy the sunny weather, affordable property values, and rich culture. 3. **Key Considerations**: Intended use, financing, and tax implications. 4. **Buying Steps**: Tips on finding the right property and securing a mortgage. 5. **Additional Tips**: Research thoroughly, ensure you have the needed finances, and check property conditions. Don't miss out on turning your dream into reality! Prepare with careful planning and financial insight. 🌟 ▶️ Read full article: [Find Property Abroad: "Acquiring a Second Home in Spain"](https://lnkd.in/e2FCQz_M) #RealEstate #Spain #PropertyInvestment #HomeBuyers #SecondHome #FinancialPlanning

Buying Property in Spain as a Foreigner: What You Need to Know 🏡🇪🇸 Purchasing property in Spain is an exciting opportunity, but it can feel overwhelming with local regulations, taxes, and paperwork to navigate. The good news? It doesn’t have to be complicated! At VIBE Real Estate, we’re here to make the process seamless, offering the expertise and insights you need to make informed decisions every step of the way. Whether it’s your dream holiday home or an investment property, we’ll guide you from start to finish. 🌟 Ready to start your journey? Let’s make your Spanish property dreams a reality! 📞 +34 868 999 900 📧 info@viberealestate.es 🌐 viberealestate.es #SpainPropertyMarket #BuyingInSpain #ForeignBuyers #VIBERealEstate #InvestInSpain #SpanishProperty #RealEstateTips #ExpatLifeSpain #PropertyInvestment #SpanishDreamHome #LiveInSpain #HomeBuyingJourney #PropertyExperts #SpainRealEstate #CostaBlanca #CostaCalida #CostaDelSol

5 Reasons Australian Expats Need a Pre-Approval! Buying property from abroad can feel overwhelming—but securing a pre-approval is your first step to confidence and success. ✅ Bid at auctions with certainty. ✅ Avoid paying unnecessary premiums. ✅ No nasty surprises with a fully assessed pre-approval. ✅ Know your maximum price upfront. ✅ Speed up settlement and save time. Pre-approval isn't just a piece of paper—it's your ticket to making smarter moves in the Aussie property market. #AustralianExpats #ExpatMortgages #PreApproval #AustralianProperty #AussieExpats #Ally #AllyHomeLoans #AllyGroup

Successfully buying a property in Australia from overseas as an expat requires a bit of planning upfront and some help on the ground. Here are five key steps to guide the process: 1. Research and Preparation Understand the Market - Familiarize yourself with the Australian property market, including the different regions, types of properties, and market trends. This helps you identify where you want to invest based on your budget, lifestyle preferences, and long-term goals. Research the financing options available to expats, such as getting a mortgage from an Australian lender. 2. Build a Team of Experts You will need a team that includes a solicitor or conveyancer, mortgage broker, and possibly an accountant to assist with legal, financial, and tax matters. You may also want to consider engaging a reputable buyer’s agent in Australia who understands the local market and can represent your interests. They will help you find suitable properties, negotiate prices, and handle the transaction process on your behalf. 3. Property Search and Shortlisting Define Your Criteria - Clearly outline your property requirements, such as location, type, size, and budget. Create a shortlist of properties that only meet this criteria. As you may not be able to visit properties in person, make use of virtual inspections and video tours to evaluate potential properties. 4. Due Diligence and Negotiation Conduct Thorough Due Diligence – Do not skip this step! Ensure that all necessary background checks and inspections, including building and pest inspections, are conducted. Review the property’s title, zoning, and any other legal considerations. Do a comparative market analysis on similar properties so you can negotiate the price and terms of the purchase with the seller or their agent, ensuring you get the best possible deal. 5. Finalising the Purchase and Settlement Once an agreement is reached, the contract will be prepared and reviewed by your conveyancer or legal representative. Ensure that all conditions are met before signing. The settlement process involves the transfer of ownership and payment of any taxes or duties. Your buyer’s agent and conveyancer will coordinate this process, ensuring that everything is completed smoothly and on time. By following these steps, you can successfully purchase a property in Australia from overseas with confidence and minimal stress. Feel free to reach out to us for more information or book a free, no obligation discovery call to explore your options. info@sigmaproperty.com.au www.sigmaproperty.com.au

How much should you be earning to buy property worth $1 million in #Dubai? It's a good question, and the answer may not be as clear as it first seems. Top-line financial requirements are obviously key, but it's also important to consider the unexpected costs involved in real estate ownership. Dubai is one of the best places in the world to buy a home but, as with any major investment, it's vital that you cover all potential angles before signing on the dotted line. Interesting article from Arabian Business. https://lnkd.in/dME77Qni #realestate #property #investment

Friendly visa schemes, excellent buying power, and an enviable lifestyle are some of the reasons to consider a nova casa in Portugal if you're looking at purchasing a property abroad. Portugal continues to be an affordable choice for those seeking property overseas. For those serious about relocating perhaps consider the possibility of renting before you commit to buying. This avoids extra costs and will help you to make a more informed decision. But if you are really looking to buy, mortgages are widely available. As a non-resident, you could be able to borrow between 60 to 70% of the value of the property with an interest rate ranging from 1 to 8% depending on your circumstances. Our FREE* service allows you to take your credit score to Portugal. Explore our unique Finance Passport™ TODAY: https://heyor.ca/1asxPo #PortugalRealEstate #BuyPropertyAbroad #RelocateToPortugal #MortgageOptions #FinancePassport #UpScore