Updated: July 1, 2024

Although Braga is famous for being the religious center of Portugal, this city has so much more to offer. Located in the north of Portugal, Braga is an excellent place to buy property if you want to settle in Europe. The city is gaining popularity among digital nomads, students, and international property buyers because of its unique charm, excellent gastronomy, and booming tech sector.

Navigating the real estate market in Portugal can be tricky for first time international buyers and property investors who do not speak Portuguese. If you are looking to purchase the home of your dreams in this charming city, it is best to contact a real estate agent in Braga for help.

In this article, we will explore why working with a real estate agency is well worth your while, how you can find the best estate agents in Braga, and share more details about the real estate market, also referred to as the mercado imobiliário, in Portugal.

An Introduction to Braga's Real Estate Market

Cost-of-living-BragaIn 2020, Braga was named Portugal’s happiest city and the fifth-best European city to live in, after which the city received recognition for being the best European destination in 2021 in the quality of life statistics by the European Commission. World famous for its cultural and historical attractions and affectionately known as the Rome of Portugal, Braga placed the country on the map again after being named Europe’s Leading Emerging Tourism Destination for 2024 by the World Travel Awards.

The increased interest in the city and the value it offers has also caused the real estate scene in Braga to expand. This captivating town now offers a wide array of property options for rent and purchase by Portuguese citizens and foreign investors. Be it personal, leisure, or business investments – many expats are including this district in their house search.

According to Numbeo, rent for a one-bedroom flat in the city center will cost €793 ($862), while a similar one outside the center will cost €600 ($652). An apartment for sale in the city center will cost you €1,938 ($2,106) per square meter, while one outside the city center will cost you €1,413 ($1,536) per square meter.

Luxury properties

Braga, Portugal, real estate offers many luxury options, from penthouses to multi-bedroom flats. Depending on the budget, a private garage and balcony can be included as well. Homes with four to five bedrooms and a private balcony can cost around €500,000 ($541,000). An apartment with 8-10 bedrooms or more, a pool, and other facilities will cost a lot more. Luxury villas in Portugal with outside spaces range from €1,290,000 ($1,396,000) to €4,000,000 ($4,328,000).

Commercial or business flats

Many houses in the top regions of Braga can be remodeled and used for commercial purposes. A spacious commercial building in Braga will typically cost around €360,000 ($389,000).

Equestrian properties

There are many equestrian properties available in Braga where you can build your dream home and plan several other types of building options. You can build a farmhouse, a horse ranch, or a retirement villa in such properties. With an average area of 3000 sq ft to 5000 sq ft, vast fields, and state-of-the-art constructions, these properties can cost from €1,200,000 ($1,298,000) to €3,000,000 ($3,246,000).

Why do you need a real estate agent in Braga?

Cost-of-living-BragaWhen you begin your search for property in Braga and other regions in Portugal, you will soon find that there is no one listing platform, such as Zillow in the US, where you can find all the listings available.

Due to the fragmented real estate market in Portugal, the language barrier, and limited local information, it can be tricky to find the type of property you are looking for. An English speaking realtor in Portugal can be priceless in scouting out the perfect property and help you make an informed choice and a sound investment.

Market expertise

Property professionals have local knowledge of the real estate market and can help you by giving practical insights on new and popular listings in different areas.

Personalized property matching

The significance of real estate agents in the property acquisition process is undeniable. However, it’s crucial to choose services that align with your specific requirements. In contrast to conventional real estate agents in Portugal who work on behalf of the seller, meaning that they get a higher commission for a higher sale, Goldcrest operates exclusively as a buyer’s agent, committed solely to serving the buyer’s interests and matching the property with your unique needs.

Navigating legal and financial processes

Real estate services should assist you with the legal documentation associated with your property. A dependable real estate agent will act as your reliable point of contact throughout the whole buying process. Some of the services may include:

  • Assisting with the legal paperwork of your property
  • Coordinating with real estate lawyers, the seller, and other relevant parties
  • Conducting thorough checks on the property to verify the absence of any outstanding debts
  • Ensuring the property’s legal construction status
  • Verifying the ownership details and confirming the right of the owner/s to sell the property
  • Facilitating the drafting and execution of contracts

View Our Ultimate Guide to Finding an English-Speaking Realtor in Portugal

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How to Find a Real Estate Agent in Braga

When looking for the right real estate agent, there are some key aspects that you should consider, which we’ll discuss in this section.

Identifying your real estate needs

Defining your requirements is essential. To kickstart the search, you will need to decide on your dream property’s specifics—size, location, and style. Gather data on neighborhoods that you would like to consider and gain a basic understanding of the real estate market. This will prepare you to speak with prospective real estate agents. You should also consider whether you will need the real estate agency to manage your investment property for you and if they will be able to provide this service.

Searching for agents

Today, most, if not all, companies have an online presence used for advertising where you can learn about them. Furthermore, you should be able to find online reviews from past clients detailing their experience with a company and agent. These reviews will help you gauge overall client satisfaction with the service and support received. It’s important to request recommendations, check reviews, and contact agents who offer transparency and align with your criteria to start the journey toward your dream home.

Evaluating potential agents

When deciding to move forward with the right real estate agent, make sure that you have in-depth conversations about what you are looking for so that you ensure that you receive the quality service you require. Talk to them about the kind of real estate services they provide, the kind of services you need, and their expertise in Portugal’s property market.

Consider using the checklist below to evaluate key criteria in a systematic way to help you make an informed decision when hiring a real estate agent or company focusing on residential purchases in Braga.

Criteria

Evaluation

Language Proficiency

Do they speak English?

Experience with International Buyers

Can they provide project data proving experience?

Property Market Insight

Do they have an exceptional understanding of the Portuguese real estate market to provide expert investment advice and services?

Focus on Real Estate in Portugal

Is their service focused on real estate in Portugal?

Track Record of Excellence and Communication

Do they maintain contact and have a track record of excellence?

Business Credentials

Do they have business credentials to share with clients?

AMI License Number

Do they have an AMI license number?

Alignment of Company Values

Do their company values align with your interests?

Real Estate Agent versus a Buyer's Agent

It’s important to note that a real estate company primarily represents the seller and receives a higher commission for higher sales. On the other hand, a buyer’s agent exclusively works on your behalf as the client. They do not sell real estate but focus solely on assisting you. A buyer’s agent will support you throughout the entire process, starting from finding suitable properties through their exclusive network all the way to the acquisition stage, and will readily address any queries you may have. To help you understand the key differences between working with a buyer’s agent and a real estate agent, we have created a comprehensive guideline showcasing each option’s advantages and potential drawbacks.

Factors

Real Estate Agent

Buyer's Agent

Work Scope

Facilitates transactions for various parties

Exclusively works for the buyer throughout the process

Search & Selection Assistance

May present options, but not solely focused on buyer's needs

Focuses on finding options that suit the buyer best

Representation

Represents the seller's interests primarily

Solely represents the buyer's interests

Conducting Legal Checks

May overlook some legal checks for buyer's benefit

Ensures thorough legal checks for buyer's protection

Language Assistance

Language proficiency may vary

Proficient in the buyer's language

Negotiation

Represents seller's interests in negotiation

Negotiates exclusively for buyer's benefit

Documentation Handling

May not prioritize all necessary documentation

Ensures all required documentation is in order

Time and Cost Savings

May not optimize for time and cost efficiency

Saves time and money by focusing on buyer's needs

Commission

Earns higher commission for higher sale prices

Does not earn based on sale price, focused on buyer

Step-by-Step Guide for Your Property Journey

Now that we have explored the key benefits of working with a buyer’s agent like Goldcrest or real estate agents who speak English, and discovered more about the types of properties available, we have created a step-by-step guide to get you started on your successful property purchase journey.

Step 1: Request an appointment to discuss your specific needs.

Step 2: Your agent will conduct a property search and arrange viewings.

Step 3: Once you have reviewed the properties presented by the agent and shortlisted the ones that meet your requirements, you and your agent can formulate an offer for the property.

Step 4: Shortly after the offer is accepted, your agent will assist with completing legal paperwork and other necessary formalities.

Step 5: It’s time to close the deal. Your buyer’s agent can help you with finalizing the legalities of the purchase, help you sign contracts and legal documents, and ensure you understand and agree with other aspects of the purchase.

Goldcrest: How We Can Help

Goldcrest is your one-stop solution for all real estate sales, purchases, and rentals in Portugal. We offer key real estate services to help you buy properties in Portugal at the best price. With years of experience in the property market and strong ethics, our team can guide you in choosing the best feasible property in the country’s most desirable locations. You can book a free call to discuss your options.

Frequently Asked Questions about How to Find a Real Estate Agent in Braga

Begin your search for a real estate company or consultant online. The process is the same whether you are looking for a real estate agent for investment properties in Braga or for an agent who can help you find a family home.  

It’s important to note that while traditional real estate agents will work on behalf of the seller and earn a higher commission for a greater sale price, buyer’s agents such as Goldcrest are committed to negotiating the most favorable price for you. 

Depending on the amenities you are looking for, the price of real estate can vary in Braga. For example, a residential three-bedroom flat located in a well-connected region in Braga will most likely be less expensive than a penthouse or a luxury villa. Property prices in Braga are quite reasonable, where the average asking price of €2,300 ($2,490) per square meter.

A real estate agency can help you locate high-end properties in Braga. A good way to begin is to research agencies in the area, shortlist them, and then contact each one to see which one works best for you.

It’s important to note that while traditional real estate agents primarily work on behalf of the seller and earn a higher commission with a greater sale price, buyer’s agents such as Goldcrest are committed to negotiating the most favorable price for you.

To find affordable real estate agents in Braga, research local agencies, compare prices, ask for recommendations, and interview multiple agents. Balancing affordability with expertise is key to securing a top-rated real estate agent in Braga. In addition to residential properties, you can find a real estate agent for commercial properties in Braga.

The process is the same if you are a first-time buyer looking for an experienced real estate agent in Braga, Portugal. An effective starting point is to research real estate agencies in the vicinity, create a shortlist, and subsequently contact each to determine the one that best suits your needs.

To find a Braga real estate agent for rental properties, start by researching local agencies online, checking reviews, and contacting agents directly. Ask about their experience with rentals, fees, and services to ensure they can meet your specific rental needs.

To find a real estate agent specializing in historic properties in Braga, research local agencies online, inquire about their experience with historical homes, and consider seeking recommendations. Connect with agents who have a track record in dealing with and understanding the unique aspects of historic properties. Goldcrest will be able to assist you with finding a historic property that meets your needs and assist you with navigating the legislation of historic buildings.

Most real estate agencies have an online presence, so you can quickly determine their relationship with clients and see their reviews.

Start with online research and browse agency websites and social media to estimate their marketing reach and property listings. Consult reviews from previous clients for their experience working with international investors and pay attention to their credentials.

Remember, the best real estate agent in Braga will have an AMI license number, understand your vision, have a proven track record of finding property in Braga, and provide quality service.

The services offered by realty agents in Braga are based on the traditional concept of the real estate process in Portugal, which involves selling property on behalf of the seller and for commission on the sale. Whether you work with an independent realtor or a multidisciplinary team, they can provide the following services related to property purchase:

  • Finding the perfect property
  • Finalizing legal paperwork related to your property
  • Coordinating with real estate lawyers, the seller, and other involved parties
  • Conducting thorough property checks to ensure it is free of any outstanding debts
  • Verifying the legal construction status of the property
  • Confirming the property owner and their legal right to sell
  • Facilitating the drafting and signing of contracts