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Preliminary sales agreement: everything you need to know

The preliminary sales agreement is one of the most commonly used legal tools in Portugal, especially in real estate transactions. This contract establishes commitments between the buyer and the seller before the finalization of the deal, ensuring security for both parties during the property acquisition process. In this article, we will explore everything you need to know about the preliminary sales agreement, including its definition, essential elements, validity, and key legal implications.

Elegant white house with modern additions and landscaped garden, showcasing how aesthetic improvements contribute to increasing property value. The home features a slate roof, arched windows, and a glass-enclosed porch, surrounded by lush greenery and manicured shrubs, illustrating effective ways to boost a property's market appeal and worth.

How to Estimate the Value of My Home: Accurate Methods and Resources

Before starting the selling process, it’s crucial to know the exact value of your home without errors. Fortunately, there are several ways to do this. Get your personal property evaluation quickly and directly with our online tool.

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Juan-Galo Macià appointed President of Engel & Völkers South America

Engel & Völkers has announced the promotion of Juan-Galo Macià as President of South America to further establish the company as the leading luxury real estate broker in the Hispanic world. Macià takes over this role in addition to his position as CEO of the company`s brokerage business in Spain, Portugal, and Andorra. Under Macia`s leadership the Iberian market experienced remarkable growth and developed as a strong strategic region for the German real estate company. “We are highly committed to further growth in this market and to expand our presence in South America,” says Jawed Barna, CEO of the Engel & Völkers Group. In his new additional role Macià will lead the activities in South America - including those countries already operating under the Engel & Völkers brand.   

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Juan-Galo Macià, CEO of Engel & Völkers Iberia, receives the Diamond Award for Excellence

Our CEO of Engel & Völkers in Spain, Portugal, and Andorra, Juan-Galo Macià, has been honored with the prestigious Diamond Award for Excellence in the Lifestyle category, awarded by the Spanish Luxury Association – Luxury Spain. This recognition highlights his leadership and contribution to the luxury real estate sector, reaffirming Engel & Völkers' commitment to excellence and exclusivity.

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How Much Is My Apartment Worth? Tips for an Efficient Valuation

Assessing the value of your apartment is a fundamental step both for those looking to sell or rent their property and for those who want to have a better understanding of their assets. The question "how much is my apartment worth" often arises among property owners who want a realistic notion of their asset’s market value, especially in a dynamic and competitive market like Portugal.

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What documents are needed to sell a property?

Selling a property in Portugal involves several steps, particularly ensuring compliance with legal documentation to guarantee the legitimacy and security of the transaction. Knowing what documents are needed to sell a property is essential to avoid delays, unforeseen issues, and even legal complications. Each document plays a crucial role, from proving ownership to regularizing taxes and ensuring the property complies with current legislation. In this article, we outline all the documents you need to efficiently sell your property in Portugal.

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Discover the Pros and Cons of living in an Apartment

Choosing the ideal type of housing is one of the most important decisions when buying a home. Among the various available options, apartments remain a very popular choice, especially in urban areas where detached houses are limited and accessibility is highly valued. However, this choice should be made based on a clear evaluation of the associated advantages and disadvantages, always taking into account each person's or family's lifestyle and individual needs.

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How is capital gains tax calculated on property sales in Portugal?

Selling a property in Portugal can be a key step in managing your assets — whether you're reinvesting in another property or simply monetising your capital. However, this transaction comes with tax obligations, particularly the capital gains tax (mais-valias). Understanding how this tax is calculated is essential to ensure a successful sale, avoid unexpected issues with the tax authority, and maximise your net profit.

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Engel & Völkers Portugal

Av. da Liberdade 196, 7 andar

1250-096 Lisboa, Portugal

Tel: +351 210 200 490