BUYING
YOUR PROPERTY IN THE ALGARVE WITH
ALGARVE EDEN PROPERTIES
a) HOW TO SELECT THE RIGHT AREA?
The answer to this will depend on which area (Western Algarve, Central Algarve or Eastern Algarve) suits your preferences and specific needs, and what requirements you are looking for in a home ( near a golf course, a country home, near the beach)..
Are you looking to re-sell the property in the short/long term?
Are you looking for those locations with very high standards (all locations around Vilamoura, Vale do Lobo, Quinta do Lago, Albufeira, Lagos, especially those very close to the marinas, or within the famous golf courses) ?
Or would you prefer to invest in the new up and coming zones, still being developed and with more infrastructure to be put in place (Loulé, S. Brás de Alportel, Tavira, Castro Marim, Vila Real Santo António, Silves) ?
We will be pleased to discuss with you your main goals and needs. At Algarve Eden Properties, the most important thing we would like to do for you, after discussing your requirements, is to present you with the best areas that fit your proposals, and then show you a selection of properties for sale in those areas. We believe that, very often, is not necessary to spend a lot of time and effort to discover the right property that fits the purpose and represents the best value for your money.
Contact us (E-mail: info@algarveedenproperties.com,
or ring +351 289 543 279 or +351 914420152), and tell us about your specific requirements. Here, at Algarve Eden Properties, we know the whole region very well, and each day we make an effort to understand the way it's development will help to achieve your goals. The goals for those that decide to enjoy this sunshine region, the beaches, the golf, the countryside, the good food, the culture, the history and tradition.
b) DECIDE WHAT YOU WANT
We will be happy to help you identify the properties that realise the best potential for you in the Algarve. You can begin to do this by going through our website.
Our main portfolio has properties around Albufeira, Loulé, Faro, Olhão, S. Brás, Tavira and Vila Real de Santo António. We especially concentrate in the Central area, as we feel this council represents the best potential and value for money.
Whatever your property preference, we will be able to help you find exactly what you are looking for, around all the Algarve.
We invite you to navigate around our Algarve Eden Properties website, and, from your home, take a tour through the pages of all the councils of the Algarve, and take a look to our property selection in those councils. Send a card to your friends, and tell them what you have just discovered!!
Finally, call us to discuss your requirements and we can help you to arrange a visit for viewings of Algarve Eden Properties.
c) CHOOSING AN ESTATE AGENT IN THE ALGARVE
Your choice of a Real Estate agent in the Algarve can make all the difference
in finding the most suitable property.
Many estate agents who have set up shop in the Algarve, concentrate on their own goals, instead of the client’s real goals and needs. Before you choose an agent, ask them about the future developments and guide lines for one well defined council, or about the relevant identities for this or for that council. Knowledge about this makes the difference between the estate agent that is only interested in selling you “the best property in the world” (in their opinion), and the one who concentrates on your real needs.
d) BUYING A PROPERTY WITH ALGARVE EDEN PROPERTIES
Our only aim is to find you the right property in the Algarve. The property that matches your requirements, in the most efficient way possible, and to achieve completion on your purchase in the most convenient way for you.
Make a Plus and Minus List with the features you would like to have in your property, and score the villas or apartments you are considering according to that list.
Take a minute to read “A GENERAL GUIDE TO BUYING PROPERTY IN THE ALGARVE”
e) NEGOTIATION AND COMPLETION
As a buyer preparing to make an offer on a villa or apartment in the
Algarve, there are some useful rules to attend:
You should discuss your proposal with your Algarve real estate agent.
We advise you to make your offer formally in writing. Your offer should
include the price you propose to pay and the terms and conditions of
the purchase. For example, if the seller verbally agrees to special
terms of payment, that should be recorded in the written offer.
Send us (by e-mail, by fax) your written offer and we will pass it
to the vendor. On their approval we will call you immediately, and
ask you for details of your lawyer.
If you have not yet chosen a lawyer, we will be able to recommend
certain firms to you.
Once your offer has been accepted, you will be asked to pay a holding
deposit. This ensures the property is considered “sold subject
to contract” and that the vendor takes the property off the market.
During the purchase of your property in the Algarve we will assist
you through the process step by step, going with you to the public
notary office to sign the title deeds and complete our paperwork on
your Algarve property purchase.
Completion usually takes place in about one month if a bank loan is required.
f) AFTER PURCHASE
Once you own your new property in the Algarve, you may find you need
furnishings, fittings, kitchen equipment etc. etc.
We will also be pleased to assist you on the interior decoration,
with experienced decorators who will help you to find your own style
for your Algarve villa or apartment.
Our After Sales Department are able to help with such details as setting up your electricity contract and connecting the telephone in your name. Or you may want to do some renovation or re-design work in the house – we can put you in touch with reputable building contractors and can help you with any requirements.
