General

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

New Brexit rules

When the Brexit transition period ends at the end of the year, UK residents won’t be able to come and go as they please, which is bound to affect demand for second homes in Spain. As of the first of January 2021 Britons can only spend 90 days out of every 180 days in the EU without a visa. Read more →

Earthquakes and Tsunami

Earthquake risk study reveals dark scenario PRELIMINARY RESULTS from a study assessing earthquake and tsunami risks in the Algarve have revealed that a tremor like the one experienced in 1755 could lead to around 3,000 fatalities and make 27,000 people homeless in the region (See The Resident, September 7, 2007). Read more →

Condominium requirements

When a property is divided in fractional units it is as you well know constituted in horizontal property. If all fractional units resulting from the horizontal property title belong to the same owner, there is no condominium but if, at the same time, each fractional unit belongs to a different owner, we have in fact a condominium. Read more →

Divorce in Portugal

Unfortunately these things happen here as well. The legal procedures for termination of a marriage agreement by divorce can be relatively straight forward if both partners agree to divorce, are of the same nationality, were married in Portugal, and have nor children or financial commitments. However, for foreign residents living in Portugal this will rarely be the case. Read more →

Importing a car

Importation/Registration The easiest way of acquiring a vehicle with valid Portuguese registration documents is to purchase a new vehicle from an authorised agent in Portugal who will register the vehicle for you. This has the added advantage of having agents close by to provide service, guarantees, and spare parts. However, importation is an option and there can be tax advantages for new residents from within the EU who import a vehicle they have owned for more than 12 months. Read more →

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. Read more →

Driving license renewal

ALL DRIVERS of passenger vehicles and motorcycles who are 50 in 2008 must renew their driving licence this year. The age limit for renewing driving licences was previously 65. The change aims to better control the “physical and psychological skills” of drivers in Portugal. Drivers over 50 will also need to renew their driving licences but only when they reach 60 years of age. Read more →

New Residency Laws

On the 10th. of August of this year (2006), the Governement finally approved the new law dealing with Residencias. The new Residency Law regulates the free circulation and residency of EU Citizens in Portugal. Transposing the EU Directive of 2004, this legislation changes basic assumptions and definitions while greatly simplifying the compliance process for EU citizens. Read more →

AFPOP

AFPOP stands for Association of Foreign Property Owners in Portugal. This association was founded some 15 years following what already existed in Spain for many years. At the moment thousands of foreigners have become members, initially only in the Algarve, later also in the rest of Portugal and the association also has representation in England. Read more →