Tips for buying off-plan property in Portugal

May 22, 2023 remax
May 22, 2023

Buying an off-plan property can be a great option for those looking for a new home. However, it is important to be aware of the advantages and preservation of this type of real estate transaction, as well as the risks and precautions to be taken.

Advantages of buying off-plan property

One of the main advantages of buying a property off the ground plan is the possibility of customizing the project and choosing the finishing options according to your personal taste. In addition, the prices of a property in the plan are generally lower than those already built.

Another advantage is the possibility of paying in installments during the construction period of the property, which can facilitate the acquisition for those who do not have the entire amount immediately available.

Risks and precautions to consider

Before buying a property in the plant, it is important to research about the builder and the venture. Make sure the builder is reliable and has proven experience building similar properties.

Another important care is to evaluate the payment terms and verify that they are realistic and adequate to your budget. It is essential to make sure that the installments are tailored to your pocket and will not compromise your finances.

IRgroup Real Estate Consulting

If you are considering buying a property in Portugal and need help with that transaction, count on IRGroup's real estate consultancy service. Our team of specialized consultants can help you evaluate the best options to meet your needs, thus ensuring that you make a safe and profitable investment.

Contact us today and schedule a consultation with one of our experts. We are ready to help you achieve your real estate goals.

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