realestate-algarve.info

Insights into what is involved in buying, selling & living in Portugal

New AL legislatiom per 01/11/24

The Local Accommodation (AL) sector in Portugal is experiencing a phase of important transformations with the implementation of new regulations, which came into force on November 1, 2024. These modifications aim to solve several issues in the sector and establish a more structured framework for short-term rentals. The new decree adjusts some of the provisions that were introduced in October 2023, with the entry into force of “Mais Habitação” law /(the More Housing Law) Package.

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Buying and Selling to make a quick profit

Buying a property in general should be for your own private use, at least that was the main reason for buying in the past. Over the past 20 years, due to rise in rental and property prices, many (taking advantage of cheap money) shifted their focus, and the phrase “Buying to Let” has become a well-known slogan For instance, if you have cash of 300K, you could place it on a one-year deposit.

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Rental Income Tax in Portugal

Rental Income Tax in Portugal: A Complete Guide for Landlords 12 Feb 2025 Introduction Owning rental property in Portugal can be a worthwhile investment, but it also comes with tax obligations. Whether you are a resident or a non-resident, understanding how rental income tax works is essential to ensure compliance and optimise your returns. This guide breaks down everything you need to know about Portugal’s rental income tax system, including tax rates, filing requirements, and potential deductions.

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Sales Tax Enforcement

Frequently Asked Questions - Sales Tax Enforcement What purchase modalities are there on the platform? Electronic auction, closed letter and private negotiation modality. What is the electronic auction modality? Electronic auction is a type of sale that takes place on the internet, where those interested in buying a good submit their proposals, indicating the price they intend to pay for that acquisition, increasing the price that the previous bidder offered. On the designated day and time, the auction ends, and the last person who validly submitted a bid is in the winning position. 

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To Grow Avocados

To grow avocados, you need to: Tips Bulletin**+1** Choose the right variety for your climate. Avocados grow best in Zones 9 and 10, and can be grown indoors in colder regions but they rarely fruit when grown indoors. Start with a grafted nursery tree for quicker fruiting, or grow from seed if you are patient and adventurous. Plant in a sunny, sheltered location with well-draining, humus-rich soil. Avoid wet soil and low spots where cold air and frost can settle. Water properly, avoiding waterlogged conditions. Avocados need regular watering, especially in dry periods. Protect from pests with natural sprays like neem oil. Avocados can be attacked by mites, scale, and borers. How to Plant and Grow Avocados - Harvest to

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Alzheimer Algarve

Alzheimer Portugal is a nation-wide charity with 34 years of existence, specifically founded to promote the quality of life of relatives, caregivers and people with dementia. The Algarve branch is based in Portimão and also has a second Dementia Support Office in Lagoa, where the charity receives daily caregivers and relatives of people with dementia, to whom it provides support through:

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Valuations

Valuations One of the tasks of an estate agent should be his ability to carry out valuations on properties. To do this properly one obviously need to have good knowledge of the local market, for that reason it is advisable to appoint somebody who is familiar with the area the property is situated in. 

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