You want to invest in property this year, but are prevented by the travel ban?
You are aware that the inflation rate will increase this year, specially when the post pandemic regulations will fall into place. And you find stocks and bitcoin too risky?
How can you invest in a property in the Algarve from afar? Is there a way to buy real estate without travelling?
Since the pandemic prevents our clients to travel from their home countries to Portugal, we help to make the virtual sales process an easy one.
We sold recently several properties following these steps.
Audio TranscriptAuto-generated 00:01 - 00:03 stay tuned because today I'm going to tell you more 00:04 - 00:06 about how to buy a property in the Algarve despite 00:07 - 00:08 the travel ban. 00:10 - 00:12 Hello everyone welcome to my channel. 00:13 - 00:15 My name is Agnes cock Janka and I'm a real 00:15 - 00:18 turned buyer specialist in the central cough in Portugal. 00:20 - 00:26 You can um learn more about us by visiting our 00:26 - 00:29 website, a one minus Algarve dot com. 00:30 - 00:36 Check out also our other resources when buying a property 00:37 - 00:41 in the Algarve, such as our podcast with valuable topics 00:42 - 00:43 and our block. 00:47 - 00:50 You want to invest in property does here but are 00:50 - 00:51 prevented by the ban. 00:53 - 00:57 You are aware that the inflation rate will increase this. 00:58 - 01:01 Yes. Especially when the post pandemic regulations will fall into 01:02 - 01:05 place and you find stocks and Bitcoin too risky. 01:07 - 01:10 How can you invest in a property in the algo? 01:10 - 01:10 From afar? 01:11 - 01:14 Is there a way to buy real estate without traveling? 01:15 - 01:19 Yeah. Well since the pandemic prevents our clients to travel 01:19 - 01:22 from their home countries to Portugal, we help to make 01:22 - 01:26 the virtual sales process an easy one we sold recently 01:27 - 01:28 several properties. 01:29 - 01:38 Following these steps, the process starts exactly like any other 01:38 - 01:38 property hunt. 01:39 - 01:42 You send us you wish list with the criterion budget 01:43 - 01:43 of your ideal investment. 01:45 - 01:48 We send you different properties to choose from. 01:49 - 01:51 You prepare a short list of properties which you like 01:51 - 01:54 the most and we schedule viewing dates and times. 01:57 - 02:02 Um And this is where the part which difference comes 02:02 - 02:06 in. You watch the property life on your computer screen, 02:06 - 02:10 ipad or mobile phone while one of our agents walks 02:11 - 02:14 you through the house or apartment shows you the details 02:15 - 02:16 and close ups and the views. 02:17 - 02:21 We answer your questions and give you feedback in real 02:21 - 02:24 time and we'll let you know the location of the 02:24 - 02:27 property so you can compare the site on google earth. 02:31 - 02:36 Um And once you have decided what you want really 02:37 - 02:42 to acquire, things should be running smoothly because you decide 02:43 - 02:46 which property you wish to make an offer for. 02:46 - 02:49 We send you the rental record and running costs which 02:49 - 02:50 you can analyze. 02:51 - 02:52 You may make your offer. 02:53 - 02:56 We negotiate on your behalf the right price with the 02:56 - 03:00 vendor. Um one surprises agreed. 03:00 - 03:04 We suggest a local lawyer in case you have none 03:05 - 03:09 who you contact directly, we send all information to your 03:09 - 03:12 lawyer. Using the power of attorney from your home country 03:13 - 03:16 to your Portuguese lawyer who sets up the promissory contract. 03:17 - 03:20 Then you transfer the deposit to your lawyer's client account. 03:21 - 03:24 We scheduled the survey with the childhood surveyor who sent 03:25 - 03:28 you the report and only once you are satisfied with 03:29 - 03:30 the outcome of the report. 03:31 - 03:33 The promissory contract can be signed by your louis. 03:36 - 03:39 Then you wait until your lawyer checks all documents and 03:40 - 03:41 schedules the date and time. 03:41 - 03:45 in the notary office for the final deeds you transfer 03:45 - 03:48 the difference of the purchase price to your lawyers, a 03:48 - 03:52 client account and your lawyer science on your behalf, the 03:52 - 03:53 final deeds. 03:56 - 04:00 Then he applies for the l the rental license for 04:01 - 04:05 you. Um And you're all set can start renting your 04:05 - 04:09 property through your rental company, enjoying your earnings or you 04:09 - 04:12 move in at your next visit, which might be soon 04:13 - 04:15 since the vaccination program is running. 04:15 - 04:21 So well take advantage of our long term experience in 04:21 - 04:24 assisting overseas bias to find the property in the alcohol. 04:25 - 04:30 Miss Adela website A one minus Alganov dot com and 04:30 - 04:31 feel free to get in touch with me. 04:32 - 04:36 You have any questions, Send an email to info at 04:36 - 04:38 a one minus Algarve dot com. 04:39 - 04:42 And if you like this video, be sure to give 04:42 - 04:44 it a thumbs up and share with your friends. 04:47 - 04:48 Thank you for watching. 04:50 - 04:51 See you next time.
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