APS Guide 4 Buyers Part 2

8/14/2019 APS Guide 4 Buyers Part 2

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ALGARVE PROPERTY SPECIALISTS

www.algarvepropertyspecialists.com

e help you all the way

&Make a wise investment pay less

Surf the crisis

And enjoy the Algarve

Tips you will find handy in buying

2part

4403 Apemip 7 pages 2008 | 2 4September Part of

http://www.algarvepropertyspecialists.com/







’ -Whether you re a first time buyer or an old pro at

,the real estate game buying a home can be a

.daunting process

’It s an emotional time filled with difficult choices

and each decision you make has money riding

.on it

’ .Finding the right home to meet your family s needs is hard enough But

’knowing how to avoid paying too much for that home once you ve found it

.is another job entirely

lgarve Property Specialists have many years experience in helping

- ,ountless buyers find their dream homes in the Algarve Estoril and Silver

, -oast and many other parts of Portugal and save money at the same

.ime

- .We can help you avoid the pitfalls inherent in the home buying process

’ ,We will show you not only how to make sure you ve found the right home

.but also how to negotiate a price to your advantage

.You cannot afford to learn these lessons through trial and error

, ! As a Government Licensed real estate company we help you all the way

he tips contained in this guide will go a long way toward

.aking you an astute buyer









part 2

3ip

ick a winning team

.o help you

From picking a mortgage to finding the right home to

,inspections to negotiating the best deal it can be exhausting

. ’ ,for even the hardiest souls That s why most people especially

..when buying in a foreign country use an estate agent

In Portugal the real estate industry is tightly regulated to protect the

consumer and all real estate companies by law must be government

.licensed o not under any circumstances consider buying through an

,nlicensed agent only deal with licensed professionals who have your best

.nterests at heart and are held accountable should any problems arise

From picking a mortgage to finding the right home to inspections to , .negotiating the best deal it can be exhausting for even the hardiest souls

’ ,That s why most people especially when buying in a foreign country use

.an estate agent

They are officially named “mediação imobiliária” and have an AMI license

– .issued by InCI The Portuguese regulating government body









4ip

ake sure your

gent knows what

.ou are looking for

, ,good agent called a “mediador” or “angariador” has the

nowledge and experience that come from years of helping

.oth buyers and sellers He or she also has a team of other

— , ,rofessionals to put at your disposal lenders lawyers

, .urveyors removal companies etc

Most sellers you encounter are certainly going to have professionals in their

.corner aving a pro on your team is the best way to make sure you get

.he best deal possible

, ,Once you have a clear detailed picture of the home you want make sure

.your agent has the same picture .his communication is critical ,Otherwise

’ ’ .you ll both waste your time looking at homes you re really not interested in

, Also make sure your agent .knows your priorities our shared goal is to

;ind a place that meets all of your needs your agent will then try to satisfy

.as many of your desires as possible









5ip

' , ...t s a cliché but

, ,ocation location

.ocation

good agent ill ask you a number of questions to discover

xactly what type of property you are looking for and what you

.an afford and carefully listen to your answers

- -The desirability and resale value of your home to be depend on location

. , ’more than any other single factor Again don t let emotion get in the way of

.a wise investment

,o home is an island and the value of yours is affected by the homes that

.urround it

There are many elements to consider that make up a desirable community

— , , character quality of schools access to work places and services

, , , .recreational facilities beaches golf courses etc

.our first consideration is the area or neighbourhood Every neighbourhood

; ’has its own unique character you need to make sure you d be comfortable

’ .in the one you re thinking of living in

.ake a long walk and observe carefully

?Do people take care of their homes

?Do children play in the streets









alk to the neighbours and ask questions that give you a better feel for the

. —rea But be careful not to appear judgemental you might be talking to a

.uture neighbour

Try visiting the area at different times of the day checking noise and

, .traffic levels etc

,If the place has a good feel and is to your satisfaction look at homes on

.the market in the area

Extremely large homes surrounded by smaller ones tend to appreciate less

. ,than a large home among other large homes Conversely the smallest

home in the neighbourhood tends to be “pulled up” by the other homes on

.the street

.he outer edge of a neighbourhood is usually not good for resale value

.There are noticeable dividing lines between good and bad neighbourhoods

, ,It could be a difference in architectural styles home size property use or

.something else Look for a home in the middle of a community of similar

;homes .t will hold its value better









hank you for your time

Please feel free to call us if you would like further explanation on any of

, .these topics or if you have any real estate questions at all Our mission is

,to be honest transparent and as helpful as possible to any prospective

home buyers who are considering buying a home in Portugal either

through lgarve Property Specialists .or any other real estate professionals

We hope this special report provides the information you need to be an

. ! informed home buyer And look forward to hearing from you again

& – Peter Daniel Algarve Property Specialists

lgarve Property Specialists

, 1,Rua Jacinto Correia Lote LojaF

, 8400-398Lagoa

, Algarve Portugal

. .ww algarvepropertyspecialists com

@ .enquiry algarvepropertyspecialists com

00351-913950951

Our thanks to ( ) KenSmith R S

Coldwell Banker Island Properties

3750 -35Wailea Alanui Suite B

, , 96753Wailea Maui HI. (808) 572-0866Ph





mailto:[email protected]?subject=Enquiry


http://www.mauisales.com/











(808) 280-4115Cell

(866) 910-3293Fax

. .www mauisales com




APS Guide 4 Buyers Part 2

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