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Moving to UK, I need to sell my house in Portugal


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Old 23rd June 2012, 02:41 PM
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Question Moving to UK, I need to sell my house in Portugal

I'm going to start working in UK in the next couple of weeks and I need to sell my house in Portugal.

As you know the real state market in Portugal is going through bad times.

So I was thinking in trying to sell my house to overseas buyers (UK, Sweden, Holland, etc.)

But since I have no idea what would be the best websites to post an ad to sell my house, I was wondering if someone here could give me some help.

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Old 23rd June 2012, 04:15 PM
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You need to post 5 times before I can send you a pm, for me to tell you any info may be judged advertising.

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Old 23rd June 2012, 04:32 PM
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Spread your advertising, Portuguese Estate agents but make sure it's a non exclusive contract, non registered web agents that specialize in Portugal and there's a good UK one that will get you onto major UK sites, Germany and Holland, for any info though as Silvers says you'll need 5 posts to PM.

If you really need to sell then to get any interest you must really advertise at a "bargain" price, you should also remember that as your giving up your Residency? then you will be liable to CGT if you make a profit after allowable expenses.

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Old 23rd June 2012, 04:40 PM
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But if you invest your profit in another house within the EU, then CGT is not applicable.

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Old 23rd June 2012, 04:44 PM
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Only if your a Resident and the property is your primary home, at the time of sale, as a Non Resident they would treat this as a second home probably and liable to CGT

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Old 23rd June 2012, 04:45 PM
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I kinda lost hopes in the agents in Portugal, there's just so many houses for sale that I can't help thinking "Why would they care more about my house than the thousand others?"

Anyway, it is a very interesting house, because it has a panoramic view over Oporto and it's near the historic Douro area, which a lot of tourists visit everyday.
But yeah, I'll sell it for a bargain, I'm looking for a quick sale and I know I can sell it, the problem is that I can have the most amazing house at the most amazing price, but if no one knows about it, no one will buy me anything.

I'm very interested in that web agent you're talking about, I'll get those 5 posts, thank you for your help.

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Old 27th June 2012, 04:43 PM
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Quote:
Originally Posted by Martins View Post
I'm going to start working in UK in the next couple of weeks and I need to sell my house in Portugal.

As you know the real state market in Portugal is going through bad times.

So I was thinking in trying to sell my house to overseas buyers (UK, Sweden, Holland, etc.)

But since I have no idea what would be the best websites to post an ad to sell my house, I was wondering if someone here could give me some help.
there is a company in the Algarve ////SNIP////// arrange and bring over buyer who are cash purchasers they pay for flights ect: a friend of mine has just sold a wooden house for just under €160,000 and i was not legal so I was very surprised, good luck
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Last edited by siobhanwf; 28th June 2012 at 09:26 AM. Reason: removing name of company.
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Old 27th June 2012, 04:57 PM
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Not a great recommendation if you mean they sold an illegal house to someone
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Old 27th June 2012, 05:43 PM
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The other presumption is that there are people in the Uk with money!

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Old 28th June 2012, 01:49 PM
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Quote:
Originally Posted by Martins View Post
I'm going to start working in UK in the next couple of weeks and I need to sell my house in Portugal.

As you know the real state market in Portugal is going through bad times.

So I was thinking in trying to sell my house to overseas buyers (UK, Sweden, Holland, etc.)

But since I have no idea what would be the best websites to post an ad to sell my house, I was wondering if someone here could give me some help.
Hello I am a new member also, about one minute, so forgive me if I get this wrong. I would suggest you google the property websites in the UK of which there are many, then look for their "overseas" section. many of them allow you to pay a fee to advertise as a private buyer.
By the way, where is your property? Perhaps you might consider rental. Generally there is a big differance in rental rates in the UK to Portugal.
Denc

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