Whether you're buying or selling your property in the Algarve, you're going to want to know how you can make or save the most money in the process. Some will want a quick fire sale with minimum fuss and may be willing to take a loss on the price.
While others with time on their hands can wait for the highest bidder or the best property to come on the market. In this article, we're going to look at ways to buy or sell a house in the Algarve without a traditional real estate agent. A fast sale like this can allow sellers to concentrate on what they want to do next, while buyers can get comfortable quickly in their new property.
Do it Quickly
Sometimes things can seem too good to be true. This is especially the case if you were to be told that buying or selling a house could be done within a week. But believe it or not, you can. Some companies hold enough capital to be able to buy or sell a house quickly, depending on the conditions. These companies can put houses on the market and sometimes sell them within seven days, using available cash. This can remove some of the obstacles that slow down the house-buying process, which can otherwise last for months. A fast sale like this can allow sellers to concentrate on what they want to do next, while buyers can get comfortable quickly in their new property.
The Classifieds
There's a reason that selling the traditional route (through a real estate agent) is so popular. There is an agent holding your hand throughout what is sometimes a complicated process—someone who limits the chance of anything going wrong. On the flip side, there are fees and commissions attached and they can add up. Advertising a property through a range of different websites that cater to the Portuguese and international markets can increase the chance of a sale. Expat newspapers, which will be read by buyers already in the country, can potentially reduce the amount of paperwork needed.
Go the Private Route
The housing and rental market in Portugal is continuing to grow so you never know who is thinking of buying or selling. Think back to the guests you've had over to your house. Did any of them pay you compliments about your beautiful garden or spacious living room? Or vice versa, did you go to someone's house where you couldn't keep your eyes off their modern kitchen? If so, then get in touch with them. Selling to friends or acquaintances could be the best way to get a fair deal done quickly.
Whether you're jumping on the property ladder or trying to climb it toward bigger and better things, there is a lot to think about. Hopefully, these three options may help you with your choice and show you that there are more options than the traditional routes when it comes to making a property deal in the Algarve, or wherever it is that you're looking.
