How to Find a Real Estate Agent in the Azores?

Updated: March 17, 2023

Consisting of nine volcanic islands, the Azores is an archipelago and an autonomous region of Portugal. The Azores is home to beautiful natural landscapes, stunning wildlife, fishing villages, vineyards, vast tea plantations, and more.

Over the past few years, real estate in the Azores has become quite attractive as the islands offer expats numerous activities to enjoy a relaxed lifestyle against a stunning natural backdrop.

This article will help you discover how to find a real estate agent and purchase your dream home seamlessly.

Why should you invest in Azores real estate?

Although most expats prefer the more famous parts of Portugal like Lisbon, Porto, and the Algarve for real estate investments, the nine islands that make up the Azores also offer attractive real estate investment opportunities that people often overlook.

Here are a few reasons why you should invest in the Azores:

The islands in the Azores are unique and provide breathtaking views across the archipelago. In addition to this, the islands are famous for their greenery and volcanic beaches, making them attractive tourist spots.

Through Portugal’s Golden Visa Program, you can earn residency in the country in return for a real estate investment. Since January 2022, foreign investors can no longer make real estate investments in popular areas like Porto, Lisbon, and the Algarve. But the Azores, on the other hand, is still very much eligible under the Portugal Golden Visa Program.

The Golden Visa program has the advantage that you can apply for Portuguese citizenship after five years of holding your investment.

Please note: The Portugal Golden Visa is coming to an end. If you are interested in applying for the program, you should begin your application now. You can read more in our article: Portugal is Ending its Golden Visa Program.

The strategic location, tax-friendly policies, and a relatively lower cost of living make the Azores a great place to live, work and invest in property.

With a residence permit card from Portugal, you can travel visa-free across the Schengen Area. Should you gain Portuguese citizenship and a Portuguese passport, you will be granted visa-free access to around 172 countries worldwide, including the United Kingdom, Japan, Hong Kong, and Singapore.

Since schools in Portugal are open to all residents, you can enroll your children in schools in the country, where they will be taught as per the European educational system. While there are not as many schools in the Azores as on the mainland, the Manuel De Arriaga School in the Azores is one of the oldest in the region and one of the best in Portugal.

São Miguel is the region’s most significant island with a booming real estate market. If you are planning to move to the Azores, you should consider investing here.

Azores Real Estate Market

The real estate market in the Azores is developing steadily. Be it luxurious villas, charming beach-facing apartments, or townhouses, you have access to it all in the Azores. An apartment in Ponta Delgada, the capital of the Azores, will cost approximately €2,637 per square meter, whereas a luxurious villa with all modern amenities overlooking the ocean will cost between €500,000 – €600,000.

Real Estate Agents in the Azores

Portugal attracts expats and investors from all walks of life to its shores. But, with the recent changes in the Portugal Golden Visa guidelines, foreign investors are taking a keen interest in real estate investments in the interior parts of the country, like the Azores. As we mentioned previously, if you are interested in applying for the Golden Visa program, you should consider applying as soon as possible before it closes its doors.

More than simply being a profitable investment, placing your money in real estate in the Azores opens up an array of opportunities for expats. For instance, people can apply for the Non-Habitual Residence (NHR) scheme that offers multiple tax benefits to international investors for a period of up to ten years.

An experienced real estate agent can help you find the right property deal and expedite the process. Whether working with property sellers or assisting you with due diligence checks, a real estate agent can help you streamline everything to close your real estate investment without any hiccups.

Why do you need a real estate agent in the Azores?

Purchasing real estate in any region of Portugal comes with its own set of benefits. However, the entire process can be pretty cumbersome, especially if you are not living in the area. Hiring a real estate agent is highly recommended if you are looking to buy or sell property in the Azores. Although a good real estate agent does come at a cost, the quality of work, productivity, and time efficiency make it essential in the long run.

Experienced real estate agents will have access to an extensive database, thus making it easier to have a more thorough real estate market overview.

And suppose you are planning to rent out your real estate property after purchasing it. In this case, you should consider working with a property management company that will be able to assist you on this front.

Goldcrest: How can we help you?

At Goldcrest, we can help you find the perfect real estate investment in some of the most desirable locations in Portugal. Our expert team will help you go through all the processes and legalities and seamlessly close the investment procedure.

We make sure that your real estate investment is legitimate and profitable. Our team is here to offer you the best quality of service so that your property buying and selling experience is as hassle-free as possible.

Our experienced team has worked with clients worldwide and built an extensive real estate database to provide you with the best investment opportunities. Our consistent endeavors and commitment to our work have helped us establish a large network in the real estate market. For example, we can introduce you to property management services, builders, architects, designers, and landscape gardeners.

For more details about the real estate market in the Azores and other areas of Portugal, you can read the following articles: