Lisbon real estate has become more popular over the last ten years both with investors and expats. If you’re considering buying a property in Lisbon, we will tell you how to find a real estate agent in Lisbon, and why you need a good one.
Real estate agents in Lisbon
Many expats from across the world have been turning their attention to Lisbon over the past years. According to the Expats City Ranking survey by InterNations, Lisbon ranked 18th out of 57 cities for expats to settle in 2021.
Expats come to Lisbon from every corner of the world to work, live, and enjoy affordable living costs and high quality of life alongside the amazing coastline and the Atlantic Ocean.
Alongside the beautiful nature of the country, investors are attracted to Portugal by the Non Habitual Residence (NHR) Scheme, which can provide significant tax benefits for foreigners for up to ten years. Whether you’re moving to Portugal to work, live, or to invest, know for sure that choosing Lisbon provides a wide array of benefits.
When considering buying or selling your property in Lisbon, you should consider hiring a real estate agency to work for you and help you speed up the process. It’s possible that you can buy and sell online nowadays, but good real estate agencies will make your life easier for several reasons.
You can check more details about why you need to hire a real estate agent in Lisbon Portugal in our guide. And you can also learn more about buying real estate in Lisbon and how to a property that works for your budget.
What types of properties are available in Lisbon?
The real estate market in Lisbon is vast and the city has a lot of options for expats and investors. Whether you are searching for a second home or an investment opportunity, you will be amazed by the available variety in Lisbon. In the following section, we will provide you with some crucial information that should be aware of concerning the types of properties available in Lisbon with the best price.
Residential properties in Lisbon
Residential real estate is a property that you buy with the intention to live in the property. In Lisbon, you’ll find many different property types to cater to different tastes.
Lisbon offers a unique mix between quiet neighborhoods, historic centers, glamorous districts, and waterfront properties. There are always available homes for sale in Lisbon, and you can choose between many different neighborhoods that are popular with expats.
Keep in mind that according to the latest law changes outlined by the Portuguese government, residential real estate in Lisbon does not qualify for the program anymore, following the changes that rolled out on 1 January 2022.. Check out this ultimate guide about the Portugal Golden Visa changes, updates & new rules for 2022
Commercial properties in Lisbon
Commercial properties are properties that you can buy for commercial purposes such as small projects, restaurants, cafes, coworking places, or shops. Commercial properties, also called commercial real estate, investment properties or income properties, is real estate intended to generate a profit, either from capital gains or rental income.
Commercial real estate in Lisbon is always in high demand, especially now after it became the only available option for real estate investment in Lisbon as part of the Golden Visa program. People who are considering investing in Lisbon and getting the Portugal Golden Visa have started to focus more on the best properties to qualify for a Golden Visa.
The Golden Visa Program, also called the Portugal Residence Permit program allows you to purchase commercial property in the capital city of Lisbon. Lisbon property for sale includes hotels, restaurants, shops, and offices in the center of the city. After five years of holding your investment and renewing the Portugal Residence Permit, you can apply for Portuguese citizenship and get a Portuguese passport.
If you’re considering buying a commercial property in Lisbon, you can check out our expert guide to buying Lisbon real estate to organize your thoughts and find out exactly where to start.
Why do you need a real estate agent in Lisbon?
If you’re planning to be a property owner in Lisbon, the great news is that you will find plenty of top real estate agents in Lisbon. Hiring a real estate agency will make your life easier while purchasing or even selling your property. Dealing with a good real estate agency will cost you a little bit more than handling it yourself, but will grant you efficiency and high quality if you get some good real estate services.
An experienced real estate agency in Lisbon will have access to an updated real estate market database, whether you want to buy or sell a property. Plus, if you’re planning to buy a property and rent it out, the real estate service will save you a lot of hassle.
Real estate services in Lisbon should also include how to finalize the legal paperwork related to your property. They will be your trusted go-to throughout the whole process until you finally settle down on the best option for you.