Properties Algarve - property sales and holiday villa rental


	Properties, Holiday Rental and House Management - Lagos, Algarve, Portugal
	Nonplusultra - Algarve property sales and holiday villa rental. We offer you a fantastic selection of more than 100 villas, houses, homes, vacation homes, apartments, apartment resorts and developments in the Algarve. If your look for a special property, that is no problem for us. Our properties in the Algarve range from a simple house, home or apartment, holiday home, holiday villa , vacation home, beach villa, apartment to luxury developments, villas and properties in private locations with big plots. For holiday rental we have an extensive portfolio which includes luxury private holiday villas, villas with private pool, self catering apartments and traditional farmhouses. The standard of our accommodation is extremely high and provides guests with the comfort that they require for a luxury holiday. We can provide car hire to enhance your holiday and allow you to discover this picturesque region, or if you prefer an airport transfer, this can be arranged for your convenience.

Real Estate in Portugal

Your way to property in Portugal	It goes without saying that Portugal has its own rules and regulations for purchasing real estate. They assure you that all transactions will be take place legally. This is ensured by officially registered real estate agents who arrange private real estate deals. We at NONPLUSTRA offer our services and we can also procure a local lawyer who will handle the entire purchase for you.

Before the purchase	You should check the following details: Is the property registered in the name of the seller? Does the real estate register show any encumbrance or mortgage related to the property? Has the inland revenue office issued a "Caderneta Predial" (a type of property pass)? Do residential buildings have a license?

The provisional agreement	Before a real estate purchase is attested by a notary, you can sign a provisional agreement that obliges both sides to sale respectively purchase. The signatures of this agreement should be attested by a notary. The provisional agreement names buyer and seller, describes exactly the property, mentions the purchase price as well as the procedure of payment.

Land transfer tax	Before signing the actual purchase contract the buyer has to pay the land transfer tax ("IMT") at the inland revenue office.

The purchase contract attested by a notary	The actual purchase contract has to be attested by a notary. The fees for this contract generally have to be payed by the buyer. The purchase contract establishes the official ownership. There is no conveyance provided.

Registration in the real estate register	With the attested purchase contract the transfer of the property can be registered in the real estate register.

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	last updated: 15-Feb-2007	Copyright © 2000-2007 NONPLUSULTRA, Parque de Moinho, Lote 1B, Loja D, 8600-719 Lagos-Portugal produced by: