The Affordable Overseas Housing Solutions

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Owning a home in an exotic location is a dream that many have. But, not everyone can afford luxurious villas. This, however, doesn’t mean that you can’t own a home abroad. Condos are indeed a blessing in disguise. They not only come at a great price but are ideally located as well. The condos in the Portuguese Republic are normally located in posh areas. They provide a fantastic view of the beach or a golf course. Many  Portugal apartments forsale forsale are located within the golf courses as well. It is not just about affordability. Many expatriates prefer to live in a condo rather than a villa. The convenience and the cost of maintaining a condo are quite reasonable as compared to large estates. Besides, the modern condos built in the country have a high standard when it comes to construction quality and the facilities provided.

If you are looking for Portugal apartments for sale, you must first look at the different options available. Most of the real estate companies have websites that have a detailed description of the available properties. These companies have staffs who are specifically dedicated to overseas buyers. They are well trained and experienced to cater to the needs of foreigners.

The different types of condos

The Portugal apartments for sale come in different sizes. There are one bedroom condos to six bedrooms luxury condos. No matter what the size, theses condos are very spacious and have all the modern amenities. Most of the condos have terrace facilities as well. These condos are generally located in upscale complexes that are well fortified. These complexes have a community pool, landscaped gardens, and a playing area for children.

A guide to purchasing property in the country

There are various factors that determine the prices of the  Portugal apartments forsale . There are certain costs that have been fixed by the government. The different expenditures that are incurred while buying a property are:

· The cost of hiring a fiscal representative is 250 Euros annually.

· The fee of the estate agent is paid by the vendor.

· A solicitor generally charges 1 to 2 % of the purchase value and also the VAT.

· A municipal transfer tax is nothing but a purchase tax. This is paid by the buyer once he acquires the property. This tax varies from 0.2% to 0.8%, depending upon the type of the property.

· The registration fee for purchase is fixed at 250 Euros.
· The registration fee for mortgage is fixed at 250 Euros.
· The stamp duty is 0.8% of the property price.

The VAT is 20% on all new properties

For more info about Portugal apartments for sale  click here