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Portugal is a dream destination for many people, and it’s not hard to see why. With its stunning beaches, charming towns and villages, and its rich history and culture, Portugal has something to offer everyone. If you’re thinking of buying a property in Portugal, there are a few things you need to know. Here’s our guide to buying property in Portugal. The Portuguese property market has been on the up in recent years, with prices rising steadily. Lisbon and the Algarve are the most popular areas for buyers, but there are bargains to be found in other parts of the country too. The average price of a property in Portugal is around €1,500 per square metre. However, prices can vary widely depending on the location, with properties in Lisbon and the Algarve generally more expensive than in other parts of the country. It’s important to have a realistic budget when buying property in Portugal. As well as the purchase price, you’ll need to factor in costs such as stamp duty, legal fees and taxes. If you’re planning to buy a property in Portugal as an investment, it’s worth considering locations outside of the capital, Lisbon. Portugal’s second city, Porto, is a popular choice with investors, as are the coastal towns of the Algarve. When buying property in Portugal, it’s important to use a reputable and experienced lawyer. They can help to ensure the process goes smoothly and help to protect your interests. If you’re looking for a place to retire or a holiday home, Portugal is a great choice. With its beautiful scenery, mild climate and friendly people, it’s easy to see why so many people fall in love with Portugal.
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