Portugal Property & Mortgage Warnings!

We advise that everyone uses a licensed accredited Real Estate / Property Agent in Portugal when dealing with a property transaction, as solving problems after the event if this is no the case allows you no redress if it all goes wrong.

We also advise that you always contract the services of a suitably qualified lawyer with essential property experience who speaks your language, we are always happy to recommend a reliable and proven practitioner for you if required.

Always contract with a trustworthy and competitive foreign currency exchange company prior to signing up for a property deal in Portugal, we have under our arrangements at www.OverseasCurrency.com negotiated we feel the very best terms for you in advance, test these by calling us.

Do not bank on rental income guarantees and promises in Portugal from agents / developers on this basis these rarely amount to anything credible to repay the mortgage.

Do not use the same lawyer as the vendor as this is a difficult situation to justify for transparency reasons.

Always get an agreement in principal mortgage arranged prior to committing yourself to a Property in Portugal.