< Home

Name

Phone

Email
Portugal Buying Guide
 
 


Now you can enjoy the finest service available when you are considering purchasing in Portugal.

The Brighthouse Diamond Experience : The better way to buy your overseas property

Whatever your reason for purchasing The Brighthouse Diamond Experience will ensure you receive total satisfaction from your property.

BUYING TO SELL?
When you have decided that the capital appreciation of your purchase has fulfilled your requirements, The Brighthouse Diamond Experience can offer you a complete set of exit strategies: Your property receives all the benefits of The Brighthouse Diamond Experience giving it added value over other non member properties.

The Brighthouse Diamond Experience will provide numerous opportunities to sell: through our network of agents, exhibitions, features on web sites, promotions from our in resort offices selling to your required price.
No-one else provides this many options.


BUYING TO RENT?
The Brighthouse Diamond Experience will ensure that your property is at its best for rental. We provide professionally selected furniture packs at best value for money. We can also provide a snagging service to ensure your property is completed satisfactorily. You will have the opportunity to purchase properties with BANK guaranteed rentals, and developers guaranteed rentals from The Brighthouse Diamond Experience portfolio.

We will introduce you to the best rental management companies for your destination. Your property will be a head and shoulders above others for renting. You will be able to offer potential clients Car Hire, Airport parking, transfers AND substantial discounts in your resort in restaurants, bars, leisure facilities etc. with The Brighthouse Diamond Experience card provided.

Renters will always choose the extra benefits from The Brighthouse Diamond Experience.


BUYING FOR LIFESTYLE?
Your Brighthouse Diamond Experience card will give you the opportunity of making great savings in the resort of your property at many bars, restaurants, shops and leisure facilities. You will also have our PROPERTY SWAP Shop at your disposal.

Here, as a member you can swap your property with other members for holidays. For example if you own a property in Portugal you may like to swap it with a property in Cape Verde, the new "Caribbean" islands for a sun holiday or Bansko Bulgaria for a ski holiday. It's all available through The Brighthouse Diamond Experience member website.

You also have a full legal advisory service at your disposal.

Portugal Legal Service is an interface between overseas purchasers and lawyers. Their service ensures that correct procedures are followed to ensure a smooth property purchase in the Portuguese property market. They provide a, fully independent, legal advisory service utilising a panel of Portuguese, bi-lingual, lawyers, all of whom specialise in property transactions. Your purchase will be tracked throughout the entire procedure and you will be advised when payments are due. The team is at your disposal to obtain the answers to any of your legal questions concerning you purchase.

NO OTHER GROUP OFFERS SUCH AN ALL EMBRACING PACKAGE OF BENFITS TO OVERSEAS PROPERTY PURCHASERS

Investment:

Portugal has always proved to be an excellent investment, with recent times having seen record property sales registered especially from the U.K and Ireland. Portugal's tourism sector is well established and has become one of the fastest growing tourist destinations in Europe.

The number of tourists is expected to continues rising and as I continues to grow; rental opportunities for the right properties are high.

Ask for information about developers rental guarantees.








What is Off Plan?
Buying off plan is purchasing from the development plans before construction commences. This give you the benefit of purchasing at the lowest price the developer can offer. The developer's objective being to achieve maximum sales before construction commences.

The price will then be increased during construction until the final price at completion. Buying off plan has proven to be a superb method of investment. Increases in value of up to 30% per annum on this type of development property have been enjoyed over the past four years.

At The Brighthouse Diamond Experience we constantly seek new investment opportunities for our clients, but, more importantly, we have a comprehensive set of exit strategies in place (ways of realising your investment) to ensure that you make the best possible profit on your investment at the right time.

We will be delighted to go into the detail of purchasing off plan with you personally without any commitment.

 


How to Buy:
When you have decided on the property you wish to purchase, it will be necessary to make a deposit of 3000 - 7,500 Euros.* you should have this available by credit card or cash (Euros). This deposit will reserve the property for you and will have it removed from the market. This deposit is non refundable and forms part of your deposit for your private purchase agreement, which is due 15 days later.

This is an example of a typical development's payment plan:
3000 Euros reservation fee
40% first payment on Private Purchase Agreement (less reservation fee)
40% at completion of roof structure
20% on completion

An example in real terms:
Purchase price 64,051 Euros
40% on PPC minus 3,000 - 22,620.40 Euros
40% at roof - 25,620.40 Euros
20% on completion - 12,810.20 Euros

Immediately after your return to your home you will contacted by our Portuguese legal advisory service. They will offer to appoint an English speaking lawyer for you and act as an interface between you and your lawyer, throughout your purchase they will ensure that you are kept fully aware of when all payments are due and help you with any questions concerning your purchase.


*Should you require a mortgage for your purchase or to make multiple purchases we will be pleased to advise you. Tax issues should be discussed with a tax advisor. We can help with this.

Sterling Exchange - Foreign Exchange Made Simple

When making an overseas purchase, currency exchange may not be the first thing on your list. It can be equally as important as the purchase price though, as the exchange rate has a direct and noticeable impact on your bank balance. With this in mind Brighthouse Overseas recommend Sterling Exchange for all of your foreign currency needs.

As one of the fastest growing currency providers in the UK, Sterling Exchange will provide you with your own dedicated account planner from start to finish taking the hassle out of foreign exchange. Ensuring you receive the best rates of exchange available our planners will watch the market for you and can update you every step of the way on any sized transaction. Sterling Exchange will also be able to find you the best payment plans to suit your needs.

Why Sterling Exchange?

  • Free transfers on any sized transaction

  • Superior exchange rates to the high street bank

  • Account opening facilities with leading banks from our office in the UK,

  • Quicker payments via SWIFT international payments

  • Fixed Exchange rates for up to 2 years

  • A 24hr Information desk

  • Personal account manager

Based in the heart of London’s financial district with over 20 years market experience, Sterling Exchange is in a prime position to offer you a cost effective alternative to your bank’s foreign money transfer service.

For further information please click here – Client information brochure.

Or contact Robert Groves on

Tel 0207 329 9977

Fax 0207 329 9332

email robert@sterlingexchange.co.uk

Web www.sterlingexchange.co.uk