WHY ENGEL & VÖLKERS
Selling a property requires a great deal of finesse. Our real estate agents understand your needs and the individual value of each property. With our tailor-made marketing measures, we will connect you quickly with the ideal buyer in order to achieve the optimal sales price.
How much is my property worth?
ENGEL & VÖLKERS SHOPS
Competence, exclusivity, and passion, make us stand out as much as our tailor-made service – from the individual first consultation all the way to a successful signing of the contract. Our team of first-class real estate agents are ready to support you every step of the way.
Closed
Opens at 9:30 am
Wednesday
9:30 am - 6:30 pm
Thursday
9:30 am - 6:30 pm
Friday
9:30 am - 6:30 pm
Saturday
Closed
Sunday
Closed
Monday
9:30 am - 6:30 pm
Tuesday
9:30 am - 6:30 pm
Closed
Opens at 10 am
Wednesday
10 am - 6 pm
Thursday
10 am - 6 pm
Friday
10 am - 6 pm
Saturday
10 am - 4 pm
Sunday
Closed
Monday
10 am - 6 pm
Tuesday
10 am - 6 pm
Closed
Opens at 9 am
Wednesday
9 am - 6 pm
Thursday
9 am - 6 pm
Friday
9 am - 6 pm
Saturday
9 am - 1 pm
Sunday
Closed
Monday
9 am - 6 pm
Tuesday
9 am - 6 pm
Closed
Opens at 10 am
Wednesday
10 am - 6 pm
Thursday
10 am - 6 pm
Friday
10 am - 6 pm
Saturday
10 am - 6 pm
Sunday
Closed
Monday
10 am - 6 pm
Tuesday
10 am - 6 pm
Closed
Opens at 10 am
Wednesday
10 am - 6 pm
Thursday
10 am - 6 pm
Friday
10 am - 6 pm
Saturday
10 am - 6 pm
Sunday
Closed
Monday
10 am - 6 pm
Tuesday
10 am - 6 pm
Closed
Opens at 9 am
Wednesday
9 am - 7 pm
Thursday
9 am - 7 pm
Friday
9 am - 7 pm
Saturday
9 am - 7 pm
Sunday
Closed
Monday
9 am - 7 pm
Tuesday
9 am - 7 pm
Closed
Opens at 9 am
Wednesday
9 am - 6 pm
Thursday
9 am - 6 pm
Friday
9 am - 6 pm
Saturday
9 am - 6 pm
Sunday
Closed
Monday
9 am - 6 pm
Tuesday
9 am - 6 pm
Our Service in Comparison
Selling price
With E&V
Market-oriented selling price
Privately
Often sold under value
Exposé*
With E&V
Professional, high-quality, legally watertight
Privately
Often not professional with missing information
Documents
With E&V
100% complete and checked in detail
Privately
Often incomplete, with errors and expensive to obtain
Sales process
With E&V
Successful concept, trialed and tested with marketing and networking effects
Privately
On the off-chance
Accessibility
With E&V
Always and everywhere
Privately
Often insufficient as it is not the main focus
Duration of selling process
With E&V
Ø only 4-8 weeks
Privately
6 - 12 months
Negotiations
With E&V
Steadfast during sales price negotiations due to years of experience
Privately
Inexperience can result in a low sales price
Checking the buyer
With E&V
Credit check and financial confirmation
Privately
Often skipped
Sales contract
With E&V
Security due to trialed processes and experience
Privately
Possible problems with comprehension and inexperience regarding the content
TRANSPARENT SALES PROCESS
A fast, uncomplicated, and profitable sale depends on various factors. At Engel & Völkers, we will support you with experienced real estate experts who will transparently advise and accompany you every step of the way.
Selling real estate successfully means that the right buyer has to be found swiftly and to achieve the optimal sale price. Engel & Völkers advisors possess sound subject knowledge and offer you a competent and individual initial consultation.
It takes significant experience, a high level of expertise, and local market knowledge to correctly evaluate your property. Based on a thorough market and target group analysis, we determine the optimal sales price by highlighting its full potential, with all details and unique features.
We value the individuality and history of every property, with an expert eye for details. Innovative technologies help us to present the extraordinary features of your property in the best way possible, including professional property descriptions and videos that showcase your property in a unique way.
We develop an individual marketing strategy to highlight the uniqueness of your property. Together, we will plan extensive print and online measures. Our tried and tested marketing approach with possible national and global reach ensures that your property will receive the ideal placement and attention.
We will first present your property selectively to our earmarked interested parties from our client catalogue. The viewing is planned in detail, because there is no second chance for a first impression. Potential buyers of your property should be able to envisage their new home right from the start.
It takes a lot of trust to allow someone to sell your property. Throughout the entire marketing process, your personal advisor will include you in all activities, including viewing reports, coordination of planned marketing initiatives, and information concerning contract relevant details.
The Engel & Völkers marketing experts know the potential of your property, and it is their goal to sell as fast as possible for the best price. From swift transmission of purchase proposals during price negotiations, all the way to correct contract execution, you can always count on our experts.
For more than 45 years, Engel & Völkers has stood for service quality at the highest level. This service does not end with the successful closing and signing of the contract. We will also be happy to advise you afterwards if you have any further requests for a real estate purchase or sale.
1 out of 8
FREQUENTLY ASKED QUESTIONS
If you can choose the point in time when to sell your property, we know that you will consider changes in inflation, interest rates, and buyer behaviour. Whatever the changes, we can achieve the best sale price for you, due to the existing demand for living space and the desire to own a home. Seen as a place of safe retreat and stable investment, real estate is still in high demand.
Particularly in the premium segment, real estate is seen as an anchor to provide stability, and used as an attractive instrument for long-term asset protection. Clients looking to buy are still ready to invest in real estate and willing to pay the appropriate price.
There are two ways to valuate property: online and on-site. At Engel & Völkers, both services are always free and non-binding.
For a first assessment, you can use the online valuation. The most important criteria are property type, living area, macro and micro-location, and the year of construction. Learn more here about the Engel & Völkers Online Valuation. Alternatively or additionally, you can also request an on-site valuation with our experts. Contact us online and we will shortly be in touch with a proposed date.
Good to know: Take advantage of both options, as the online valuation is not a substitute for an on-site valuation. If you are intent on selling your property, contact the Engel & Völkers experts to help achieve the optimal price for your house or apartment.
Selling a house or apartment privately takes on average one to six months. The more precisely the market price of your property is determined at the beginning of the marketing phase, the faster the whole selling process will be.
Good to know: If you want to sell your property quickly, you should not set the selling price too high. The more the selling price is raised above the property evaluation, the longer it will take to sell the property.
Selling with a real estate agent significantly reduces your efforts, and in particular your time investment. However, you will need to pay an estate agent fee which is evenly split between you and the buyer.
Engel & Völkers real estate agents:
know the market and evaluate the exact value of your property
take the full potential of your property into account, including characteristics and details
value the individuality and history of each property with an eye for any “hidden values”
put together a professional exposé with meaningful property descriptions, high quality photos, 3D tours, and clear floor plans
suggest a target-oriented marketing strategy and utilise carefully selected sales channels
access an extensive data base with earmarked prospective buyers
take on all correspondence with prospective buyers and act in your best interests
confidently take on a selling position and execute price negotiations
carry out viewings and swiftly find the right buyer
achieve the highest possible sales price on the market
check the notarised agreement and prepare the appointment with the notary
When selling your property, you will need the following documents:
Land register excerpt
Energy efficiency certificate (CEE)
Certificate of occupancy (only in Catalonia)
ITE certificate (if it's case)
Non-debt certificate with the owners community
Receipt IBI payment
Yes you do, as a resident of Portugal you will have to pay taxes if you sell for a higher price than you bought it, you will have to pay income tax on the capital gain (IRPF)
The income tax you will pay will depend on the resulting amount of the capital gain itself, and after deducting the associated costs in 2023:
19% income tax up to 6,000 euros
21% income tax between 6,000 and 50,000 euros
23% income tax between 50,000 and 200,000 euros
26% income tax on income over 200,000 euros
If you are a non-resident in Portugal, once the sale is formalized, the buyer or his representative withholds 3% of the final value of the transaction. From the date of the sale, the buyer has one month to withhold and pay this percentage. To do so, he will use Form 211. After paying the amount withheld, the buyer delivers a copy of Form 211 to the nonresident seller, so that they can deduct the amount withheld when declaring the gain obtained from the transfer. The seller calculates the capital gain and pays between 19% and 24%, depending on the country of residence.
Also, non-residents and residents in Portugal shall pay Capital gains tax to the municipality where a property is located.
When selling an apartment, you will need to provide additional documents: Teilungserklärung (en. declaration of division), the protocols of the last home owners’ meeting, Wohngeldabrechnung (en. statement of service charges) and Wirtschaftsplan (en. budget for the following year). However, the valuation or marketing process for example will not differ.
Some home owner associations require the other homeowners to agree to the sale of the apartment. A sales agreement will only become valid once the written agreement from the other homeowners is completed. For serious reasons (such as to stop the purchase of the apartment by clearly undesirable buyers), this agreement can be refused. However, a positive majority decision is normally provided by the home owner association.
Yes you can. In this case, you will have to pay off the mortgage with the sales proceeds. However, please keep in mind that prepayment penalties will be charged by most banks.
You can avoid this if you buy a new property around the time of the sale and then use this new property as a new asset for the new mortgage ("property exchange"), or if the buyer of your property takes on the mortgage as well ("debitor exchange").
Locations
FOR MORE INFORMATION
Engel & Völkers Portugal
Av. da Liberdade 196, 7 andar
1250-096 Lisboa, Portugal
Tel: +351 210 200 490