Sale of house

Olá,

Purchased a new home of recent in the Tavira area, lawyer's fee was €1,500 

Thank you , the legal sale cost hopefully might be less than purchase 

Hi,

I think (if I remember the sale of my apartment correctly)

up to 5% estate agent fees

Lawyers 1,500-2000 depending on complexity

Mortgage pay off fees, not normally huge 

Notary costs about 400 ish

Capital gains on profit (if you have had any work done and can prove it I believe you can off set that against the capital gains). Also my apartment was a second property, so capital gains you may need to double check if it is applicable to you.  Also might only apply if you were renting it.

One thing make sure IMI is registered as part of change, took me 6 months to sort out that problem as purchasing solicitor is responsible and for me they did not do that, 

you have to pay the year for IMI as it is payable in arrears. So this year we all pay for 2021 is my understanding 

A good lawyer will give you all this info though, and be will be more accurate than my memory serves😁

Hi Raj,

Sorry to hear you'll be leaving the lovely Algarve! When we sold our house in Quarteira to move to Faro, we used the firm CRS: [email protected] 

They spoke great English, were very efficient and friendly, and got it all sorted in no time. As I remember the cost was around 1.000€, but it was a few years ago, so that may have changed with inflation and all...

Hope you find someone good to help you, its quite stressful if you can't communicate properly with your lawyer.

Thank you Agnes …yes we r sad too but we love it here but because unable to move here due to other commitments…backward n forwards to uk becomes hard work …all good things come to an end 😅

Ahh, I understand, well maybe you'll come back in the future, who knows.

By the way, just checked my last message and I saw I got the e-mail for the lawyer wrong, it should have been [email protected] !

Anyway, hope it all works out for you!