Over 15 years experience, a knowledgeable and friendly team to guide you through the process, and hundreds of properties to match individual budgets and tastes.
Add our industry recognized reputation for superior customer care, and you will understand why savvy investors trust us with their property purchases.
Discover the Algarve and its superior quality of life, apartments start from £89,000. Let us guide you in finding your next dream home.
Wonderful golden beaches are naturally one of the leading attractions for the Algarve;however, this region of Portugal is also beginning to be recognised for its quality of life and its truly unique contrast between the stunning coastline and the beautiful rural countryside, as well as its many historic attractions.
There is a generating knowledge that the Algarve holds the potential to be the perfect European retirement destination and for those with interests such as photography, painting, nature watching, walking and other outdoor pursuits. The Algarve is also great for sporty and young at heart personalities, with its accessibility to surfing, golf, tennis, horse riding, kayaking, cycling, hiking, and even extreme sports such as kite surfing, rock climbing and wakeboarding! Faro Airport is only a 3 hour flight (or less) from the United Kingdom, Ireland and many other parts of Europe.
Faro flights arrive daily throughout the year, with several arrivals and departures each day from airlines during the busiest summer months of July to September. Flights to and from European countries and the Algarve can often be purchased at short notice, and at very low prices.
The Algarve boasts a fantastic all year round climate, with over 3,000 hours sunshine a year and clear blue skies for most of the year. Algarve weather averages 12 hours of sunshine a day in the summer and 6 hours in the winter. Despite being on the Atlantic coast, the Algarve has a Mediterranean-like climate with mild winters and long, hot summers.;
There is only so much we can tell you about life and the stunning locations you can find along the Algarve coast line. The best way to feel and decide if the Algarve is for you may be what our clients prefer most, to come out one of our bespoke property inspection trips. We will go the extra mile to turn your dream into reality and we will take you through the full A – Z from arranging your flights, meeting you at the airport, booking relaxing & comfortable accommodation and showing you what this beautiful location have to offer. Let our friendly and expert guidance make buying your home a stress free process. Return flights for two adults from an airport at your choice direct to Faro; Individual airport transfers on arrival and departure; Accommodation in an established hotel (minimum 3 stars), including breakfast. We work closely with Velamar Hotel, completely renovated and set on a privileged location between pleasurable fishing village of Olhos D’agua and famous Santa Eulalia Beach; Free legal advice from an independent property lawyer; Free financial advice from an independent mortgage broker; Rental and property management presentation with exclusive service, advice and guidance from one of our experienced property consultants. For more information about our viewing trips here please get in contact. ;
These are determining factors when it comes to qualification and rates for a Portuguese Mortgage. Banks will take the following two criteria into consideration when analysing your mortgage file for approval: Financial strength and Property valuation.
Your income. The bank will require proof of your current earnings such as salary income, dividend payments, investment income, pension income and rental income. This information will help the lender to ascertain if you can comfortable afford the monthly cost of your Portuguese mortgage. The banks consider the net income of each applicant that is confirmed by pay/pension slips, tax return and bank statements.
Your existing debts. The lender will require confirmation by way of a credit report or loan/mortgage statement in order to analyse your monthly fixed commitments for existing liabilities such as mortgages, personal loans and credit cards.
Your employment history. The lender will require proof of your current employment in form of an employer's reference letter. If you are self-employed the bank will require information about your company, confirmed by your accountant.
Your credit history. The bank will require a credit report from your country of residence (if available) and will also carry out a check with the Bank of Portugal for any existing liabilities in Portugal.
Property valuation. The bank will commission an independent engineer to value your property. The banks are currently lending between 60-80% of the valuation price. Quinta Finance will liaise with your appointed key holder and arrange a visit to the property for the engineer. We will also arrange for all necessary property documentation for the bank.
Whether you have just set out on your journey to find a property in Portugal, or if you have already set your mind on a property, contact Ideal Homes Portugal and we will begin to guide you through the process of finding the appropriate mortgage in Portugal for your needs. Contact us;
Golden Residency Permit Programme. The rules governing the granting of Residence Permit for Investment (ARI / Golden Visa), in force from 8 October 2012, enable third country nationals to obtain a temporary residence permit to conduct business activities with visa waiver to enter national territory. The beneficiaries of ARI / Golden Visa are entitled to: • Residence visa waiver for entering Portugal; • Living and working in Portugal, on condition that they stay in Portugal for a period of 7 or more days, in the first year, and 14 or more days, in the subsequent years; • Visa exemption for travelling within the Schengen Area; • Family reunification; • Applying for permanent residence (pursuant to the Aliens Act – Act number 23/2007 of 4 July with the current wording); • Applying for Portuguese citizenship, by naturalization, provided all other requirements set out by the Nationality Act are fulfilled (Act number 37/81 of 3 October, with the current wording); Eligibility – Who may apply? All third country citizens who conduct an investment activity, as an individual businessperson or through a company set up in Portugal or in another EU Member State and who, in addition, are stably settled in Portugal, provided these citizens fulfil the quantitative requirements and the time requirements set out by the relevant legislation, may apply for a Residence Permit for Investment, by one of the following routes: i. Capital transfer with a value equal to or above 1 million Euros; ii. The creation of, at least, 10 job positions; iii. The purchase of real estate property with a value equal to or above 500 thousand Euros; iv. The purchase of real estate property, with construction dating back more than 30 years or located in urban regeneration areas, for refurbishing, for a total value equal to or above 350 thousand Euros; v. Capital transfer with a value equal to or above 350 thousand Euros for investing in research activities conducted by publ;