Most investors in Portugal explore various alternatives in intriguing destinations across Europe. One of the most favored destinations among the average Portuguese investor is Portugal. Known as a country where investments can be made safely, Portugal’s popularity among investors continues to rise. If you don’t act quickly to purchase a property in Portugal today, it might be too late in the future. But how can you be sure you’re making the right choice? First and foremost, you should consult with a real estate attorney in Portugal. Some may think they can handle everything independently, but reality often proves otherwise. If you haven’t yet reached out to a lawyer familiar with the country, it’s best to do so before it’s too late. In the end, every decision you make should move you closer to your desired goals. Purchasing property in Portugal isn’t an everyday occurrence—make sure to do it with an expert by your side.
Why Invest in Real Estate in Portugal?
Before we talk about the importance of a real estate lawyer in Portugal, you need to understand the advantages of investing in Portugal. Some people still have questions about Portugal, but for you, investing in Portugal should be clearer than ever. Only then will you do it with complete confidence. If you are hesitant to invest in Portugal, it means you still haven’t fully understood all the advantages. We’ve prepared a list of several benefits that should leave no room for doubts regarding this matter.
- Portugal may be the only country in Europe whose potential has not yet been fully realized. This means that in the foreseeable future, property prices in Portugal are expected to rise. Anyone who buys property in Portugal will profit much more than they originally imagined. With a real estate lawyer in Portugal, you can multiply that profit several times beyond what you ever envisioned.
- Tourism in Portugal is constantly growing, which increases the demand for rentals. Even during the COVID-19 pandemic, it was clear that tourists from around the world were still coming to Portugal. Compared to many countries where tourism is declining, tourists continue to arrive in Portugal at an accelerating rate. It’s best that you be in the country so you can fully realize its potential.
- With Portuguese citizenship, which is now easily attainable, you can invest without any issues. The investment policies in Portugal are very favorable compared to other countries in Europe. The country understands how important it is for investors to choose Portugal as the right country for them. With a recommended real estate lawyer, you can get the most out of any investment you make.
Can You Buy Real Estate in Portugal on Your Own?
In principle, it is possible to purchase real estate in Portugal without professional help. However, as you can imagine, since it’s a foreign country, there is importance in seeking professional assistance. Therefore, what you need to do is consult with a real estate lawyer in Portugal who will help you. The motivation driving you throughout the process should be to maximize the investment you make. The higher the investment potential, the more you will profit from it beyond what you initially expected. The fact that the potential for the investment is high doesn’t mean you will easily realize it. A skilled professional who guides you throughout the process will direct you on what to do at each point in time. At any given moment, a small choice you make can make the difference between success and failure.
What Are the Advantages of a Real Estate Lawyer in Portugal?
Have you decided to purchase real estate in Portugal because of its potential? Among the various professionals, a real estate lawyer in Portugal can assist you greatly. What will you gain by reaching out to a recommended real estate lawyer? We’ve prepared a list of advantages you must know before consulting with one. Ultimately, you want to ensure that the professional guiding you will deliver in every possible aspect.
- A real estate lawyer in Portugal lives in the country, which means they know all the laws that exist there. As citizens of Portugal, you are not familiar with all the laws in Portugal. Even if you think there are no special laws, that doesn’t mean that’s the reality. What you need to do is work with a local professional who is familiar with the laws.
- Unlike other professionals who are not experts in the legal field, a recommended real estate lawyer lives and breathes this field. They will know exactly what to do to overcome various obstacles that may arise along the way. There is nothing better for you than working with a local lawyer who specializes in real estate.
- Don’t have the time required to manage matters related to the property itself? For this reason, you have a real estate lawyer in Portugal to assist with everything. Not everyone has the time to visit Portugal every few months to handle affairs. A skilled lawyer will take charge and ensure everything runs like clockwork.
Nice to meet you, Finally, a law firm that understands you and your business activities.
Attorney Ariel Shushan specializes in the fields of cyber, digital media, internet law, and corporate law. Among other things, Attorney Shushan provides ongoing legal support, legal risk assessments, company formations, regular dealings with the Companies Registrar, contract and agreement drafting, representation in courts, and handling issues related to spam, consumer rights, privacy, copyright, and more.
What Is the Cost of a Recommended Real Estate Lawyer in Portugal?
The cost of a real estate lawyer is determined by various parameters that you need to understand. Therefore, it’s impossible to give a specific price for your case. Some may receive one quote, while others may get a different one. What can be said for sure is that this choice will be worthwhile. Although the cost is a few tens of thousands of shekels, the return will match it. You can purchase a property that will generate a high monthly return, and when selling it, you will earn much more. The cost of a real estate lawyer ranges between 15,000 to 30,000 NIS per transaction, and sometimes even a little more.
