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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, 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 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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The 7 characteristics of real estate investors in Portugal

It is undeniable that the national real estate market is on the rise and is increasingly fertile ground for real estate investors. The country projects an increasingly dynamic real estate market and a target for greater investment, both nationally and internationally.So what is it like to be a real estate investor? Currently, financial investment, that is, the investment of money with the aim of obtaining a future return, is a common practice, especially when this investment is made in the real estate sector. It is considered an excellent way to make money because it allows you to build, sell, rent or even use the property as tourist accommodation over a long period of time, thus generating more profit.

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Stamp duty on real estate: all the relevant information

Stamp duty on real estate is one of the most important and well-known fiscal obligations in Portugal, particularly within the real estate market. This tax applies to various transactions and legal acts involving real estate, making it essential for any buyer, seller, or investor to understand how it works, when it is due, and the amounts to consider. In this article, we provide a detailed explanation of what stamp duty on real estate is, how it is calculated, who is responsible for paying it, and its implications for the real estate market. Additionally, we include valuable information for industry professionals and those considering a career as a real estate consultant.

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Engel & Völkers Portugal

Av. da Liberdade 196, 7 andar

1250-096 Lisboa, Portugal

Tel: +351 210 200 490