Covid 19 updates as we get them
is a great link that will not only help and inform you about
the U K
it has great information about many world destinations.
1 USA – Miami
isn't the largest apartment, this one bedroom property
boasts a private
pool and is
within walking distance of Miami beach and a luxurious
NOTE If you wish
to increase the print size of the information on this
site. Use Ctrl key and move the wheel
up and down.
News for Las Vegas Homes
Prices are settling ??.
2019Home sales are up a little
in Las Vegas had been rising nearly every month in 2019,
Homes from 165,000.00 - $ 252,000.00
selling better from the mid 270's and as high as
wish to go
property is also on the way back up..but still slow.
France is selling better in Paris while around
the country, it is
difficult to say much as the prices fell a bit.
Watch countries that have a good buyer / occupier ratio.
Buying A Home In Las Vegas
has numerous benefits,
it is a property that will be inhabited throughout the year
or a second home
can be rented out to friends
or to holiday makers.
Las Vegas is a lively city with great all year round good
weather, which means
you are not limited
to letting it as holiday accommodation during a few
Las Vegas has the added attraction
of world famous gambling
and entertainment facilities, which appeal to those looking
for good holiday
and it a good idea to consider the proximity of your property
facilities when deciding where to buy.
Prices are generally lower in the US than the UK,or Ireland
particularly in the
economic climate, and despite this, there is still a great
deal of choice in
Vegas, whether it is a 5 bedroom villa with pool or 1 bedroom
are looking for.
looking at what is on offer in Las Vegas, consider what you
want out of
property, how many bedrooms and reception areas, what size
. If you are planning to live there permanently, look at what
there are in the area, what each neighbourhood is like, what
other facilities are
each location such as shops, cafes and bars, gyms and opportunities
Use websites to see what is on offer in various neighbourhoods
and what kind of
prices each property commands. It is vital that you actually
visit each property
making an offer, and do not rely on website information alone.
as many as you can This way, you can get a feel for the neighbourhood
as the property, the size
of the building and garden.
use an expert to negotiate a real estate contract. Once a
has been executed, an escrow is opened. This enables both
buying parties toundertake inspections independently.
It is best to offer the seller a higher deposit
than has been
requested to show
you mean business. Enlist the help of a home inspector
can save you thousands of dollars in the long run, ensuring
that you are
buying a property that may have serious faults.
appraiser will also assess whether the asking price is reasonable
your property is recorded at the local county recorders
you will receive the keys to your new home.
carefully in the same way
Investing in a home in Las Vegas
$215,000.00 Some properties were
selling for less, BUT be guided by your
If you are interested in settling in Las
Vegas or you can afford a realy nice
then you are probably spending $350 to 450,000
Homes NICE Homes are selling around
$390, to $520.00
Worth a read if Las Vegas is a place you like
The purchase of your property in
the Algarve can be as easy as in the UK if you seek the
help of professionals. Therefore the journey starts with your
real estate agent who should
licensed by the Portuguese government and therefore carry
what is called an AMI
Sales consultants are also required to carry an individual
license. This license is
valid for three years and for revalidation it is necessary
for the agent to attend seminars
for further education in real estate related professions such
as real estate law, finance,
property valuation and marketing.
As a fully licensed real estate agent we are here to guide
you through the entire purchase
process and drawing on our experience will provide you with
advice and support;
recommending and introducing you to reliable professionals
such as lawyers, surveyors,
interior designers, management companies and construction
Although as a mediator we have knowledge of real estate law,
we are not authorized to
give legal binding information. Therefore we can recommend
trustworthy English speaking
lawyers who have been working for many years in this area
and they will check all the
Documents necessary for the sale or purchase of a property
Certidão de teor do imóvel– is obtained
from the land registry office “Conservatória
Predial”, which is located in the County Court to which
the property belongs. This
contains all important information about the property: the
owner (private person
or corporate structure –national or off-shore), the
characteristics and the exact location. It
also shows if there are any charges or liabilities against
Caderneta Predial– is the document issued by the finance
department and shows the
owner, the location and the taxable value of the property.
Licença de Utilização– (Habitation
license) is issued by the local council after inspection of
the completed property by the authorities to ensure that the
building has been finished in
accordance with the approved plans. Properties built before
August 1951 do not require a
‘licença de utilização’.
Licença de construção– (Building
license) is also issued by the local council and is
from the start until the end of construction. If you buy a
construction there should be a valid license.
Ficha Técnica– is a detailed description of technical
and functional characteristics of the
finished building and compulsory for properties completed
after April 2004.
Certificado Energético– (Energy certificate)
since January 2009 must be submitted by the
with the sale or rental of a house.
How the buying process works: compiled
COAST & COUNTRY HOMES
Tel:+351 289 462 438
Mob: +351 935 962 657
Once you have found the property that you would like to buy;
your real estate agent will
commence purchase negotiations with the owner on your behalf.
When a price has been
you will need to sign, with your agent, a letter of intent
for the purchase of the
where, in addition to the purchase price, the dates of the
(exchange) and the Deeds or completion, it will also list
any extras to be included in the
of the property such as furniture or a golf title etc.
lawyer will carry out the necessary legal searches and ensure
that there are no
charges against the property before drawing up the Promissory
a deposit of between 10 and 20% of the purchase price is generally
signing of the Promissory contract. Under Portuguese legislation,
if the buyer should then
withdraw from the contract his deposit is non refundable.
Alternately, if the vendor should
withdraw, the deposit will be refunded in double.
The Promissory contract will confirm, the details of the property,
the identity of the buyers
and vendors; an inventory will be attached and it will also
state the date for the Deed of
transfer or ‘Escritura’. This contract would normally
be signed before a notary, but, since
2009 most property transactions can be carried out by lawyers
without the aid of a
notary, making the process simpler and more efficient.
The period between the signing of the Promissory contract
and the signing of the Deeds is
normally between four and six weeks but this can vary according
to the terms and, for
example; if a mortgage is involved. Your lawyer will advise
you on acquiring a Portuguese
Fiscal (Tax) number at this stage and also a Fiscal representative;
a legal requirement if
are not a resident in Portugal. Your representative will guide
you through Portuguese
and be responsible for seeing that your fiscal obligations
are met, such as
IMI (annual property tax or rates) for which he will receive
your payment request
twice a year in April and September.
IMI is a variable calculation of
between 0.3% and 0.8% of the property value, taking into
consideration factors including age, location, construction
and plot size.
Before completion the purchaser must pay the IMT (Property
Acquisition tax), which in
for an amount up to €550.836 could vary between 1 - 8%
on a sliding scale. All
above that value are taxed at 6%. For a plot the IMT amount
would be 6.5%.
Legal fees will include lawyer’s fees which vary between
0.8% and 1.5% of the purchase
Stamp duty which is 0.8% and also the Land registry fee.
Here in Portugal the Real Estate agent’s fees are paid
by the vendor.
Once the Deed or Escritura has been signed and exchanged you
have ownership of the
and as soon as possible it must then be registered at the
Land Registry under
Upon the sale of a property in Portugal by a non-resident
any profit will be subject to a
Capital Gains Tax (CGT) of 25%. However, there are many expenses
which are deductible
legal fees, acquisition taxes and official invoices for structural
works done within
years of the sale.
If you have any queries about the buying or selling process
please do not hesitate to
if you wish just email : email@example.com
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Buying Tips – www.realestatebriefings.com
One Effective Negotiation Technique
in Home Buying .. Leave a Comment
Buying a home can be a lot of fun; it can also be a time of
stress. There are several things
you can do to ease the stress, particularly during the negotiation
process. There is one
that sellers and their agents rely on during the negotiation
process and that is your
Agents, in particular, will be hoping that you have ‘fallen
in love’ with the
– it is your dream home, and you WANT it.
There is one negotiation technique that can be extremely effective
– don’t fall in love with
the property you are looking at. In fact, find three or four
properties that you ‘really like’
and use them in your negotiation processes. Why three or four?
Let me explain.
If there are three homes you really like, you are going into
the negotiation stage hoping
to secure one of them at the right price. Start with your
‘favorite’ property and make an
That offer is binding until canceled or withdrawn. A counter
offer by the seller will
your opening offer. If the counter offer is not to your liking,
don’t take the bait just
yet – move on.
Make an offer on the second property and then, after a counter
offer, the third property.
This process takes time, of course, but don’t let time
pressure you; let it pressure the
sellers. Having gone through three offers and counter offers,
you are now ready to go back
to property number one. If you have room to up your offer
(and I assume your first offer
did leave some negotiation space), make a second offer. Because
of the time delay
the first and second offer, the sellers and their agents will
know that emotion is
a factor, it is strictly business.
properties featured in the Links to this web site vary so
much in size, price, quality
location that it is essential you get the best advice.
After browsing through the site
select the area your interested in and start noting details.
After several weeks you'll
have decided on an Apt. / Villa and will now be evaluating
what you can afford and how
soon you can purchase. At this point
you have to select your Buyer
will advise you of their preferences and make arrangements
for you to view the
or send you photos / video to study at your convenience.
this point on you're on a roll or as I describe it a High,
so it is very important that
have done your homework because it's so hard to turn back.
This is the time you rely
you're buying in the million-pound bracket or not that
extra 1,000 can make the
especially if it's an ongoing payment. Remember the
stock market phrase,
past performances does not necessarily guarantee for the future.
hope you enjoy using our Web site and the sites we Link to
for The Professional
. Our wish is that your purchase is a long lasting and enjoyable
one, not one that
will have to do
it is a Vacation / Retirement Home in the Sun and if it makes
you a few thousand that's a bonus.
Don't expect to hear everything at your first visit or initial
the Questions, Ask the Questions,