English Speaking Realtor Portugal: What You Need to Know
You’re an expat and you’re considering buying real estate in Portugal. Your first thought may be, Where do I find an English-speaking realtor in Portugal? Well, most real estate agents in Portugal speak English, which will make your search much easier. They are also extremely helpful, particularly if they believe you are a buyer who is able and willing to purchase property in Portugal.
A real estate agent is a great resource. They have in-depth knowledge of the real estate market, and their portfolios are extensive, meaning you’ll be quite busy once they start showing you properties.
Why do you need a realtor?
Over the years, Portugal has become a favored country in the European Union for expats looking to relocate. It’s safe, boasts a diverse landscape, and has a lower cost of living than many other countries in western Europe. Portuguese property investment has also increased, particularly since the inception of the Portugal Golden Visa. With this increased competition, it is a good idea to hire a realtor who can speed up the process of finding the right property investment for you.
Hiring a realtor has its advantages. Real estate companies have an in-depth understanding of the Portuguese real estate market and will be able to provide you with expert advice. They have access to a database of market data from which they can identify options that suit your requirements and budget, and they also know who to contact during each stage of the purchasing process.
Realtors will perform their due diligence and ensure each aspect of the process is addressed correctly. Another advantage of having a realtor, particularly an English-speaking one, is help with navigating the language barrier. If you do not speak Portuguese and are dealing directly with individuals who are not English-speaking, your realtor can be incredibly helpful in facilitating communication.
So, how do you find an English-speaking realtor in Portugal?
The easiest way to find an estate agent is through the internet. Nowadays, people tend to do most of their research online, and most businesses have an online presence through their websites and social media profiles. Any good real estate professional will have an online presence that makes it easy for prospective clients to find information about their services and available properties.
When doing your research, there are some points to look out for that will help you identify the right realtor for you. We’ve compiled a list below of some characteristics of a good realtor.
They are there for you
In Portugal, a good real estate agent is punctual and professional in their responses to your inquiries. They provide clear and correct contact to ensure you have all the information you require. They will also keep you updated throughout the process, give you honest advice, and be available to you.
They have good reviews
Looking at comments and feedback from previous clients is a great way to assess the quality of service a realtor is likely to give you.
They are fully licensed
It is important that you feel able to trust the real estate company you are working with. Their service can save you a lot of stress, so make sure you are dealing with a serious agency that conducts its services legally.
Professional real estate companies will be accredited and registered in the INCI (Instituto dos Mercados Públicos, do Imobiliário e da Construção), the Official School of Public, Real Estate and Construction Markets. You will generally be able to find the INCI logo on their Portuguese-language website. They may also be part of an association of Portuguese estate agencies, such as AMI or AMEDI.
You get your money’s worth
Hiring a realtor in Portugal will have its own cost, in addition to the cost of purchasing a property, but choosing the right professional will ensure that you receive quality service. Agree on the fees at the start of the process and make sure they include all the real estate services you require, as well as all the related costs.
They have experience working with expats
Many real estate companies have gained experience working with expats and formed an international network of clients due to the increased interest in property in Portuguese among foreign investors. These companies are familiar with what expats need and know how to help them, alongside having expert knowledge of the legal processes relating to purchasing properties in Portugal.
Don’t hesitate to ask a realtor about their knowledge of the process and paperwork required, as well as their experience in helping expats buy and sell property in Portugal. Whether by e-mail or phone call, it is important to make your realtor aware of what you require so that they can provide you with the best service possible.
Goldcrest: Who we are and how we can help you
Looking for an English-speaking realtor in Portugal? Our team at Goldcrest can provide assistance in connecting you with one. Goldcrest is a buyer’s agent based in Portugal that works for you, the buyer, putting your interests first and making sure you get your perfect property at the best price. While a realtor works for the seller, a buyer’s agent is an independent specialist. We handle everything related to your purchase and take the stress out of buying a property in Portugal.
Get in touch, and we’ll get you started on your journey to owning your dream home in Portugal.