In view of the current economic scenario, more and more people are asking about the virtue of renting a home versus buying a home. The same scenario may apply if you are relocating to a new area. Does this sound like you? If yes, then this article is for you!
If you ever wondered what it is that a property management company actually does? Be sure, you’re not alone. This is the one question my friends seem to ask me the most since I started researching this topic. Find out more about this service in this article. Also you can search the website for more tips.
If you have property that you rent out, you'll know from experience that managing such a property or a number of them are not only a source of income, but are also a source of costs, not to mention time. In an endeavor to assist you, we show you just 3 of the ways that hiring a property management company can save you time and money.
Hiring a property management company can be great for you, or not. One of the biggest decisions you'll make as a property owner and as a landlord is whether you should hire a property management company or not. Many owners manage properties on their own or with the help of an employee. But sometimes owners need more help, and that's when a property management company might make sense.
New Laws and Taxes now apply if you are letting your property commercially in Portugal and as a result, you now have to have a commercial rental license also known locally as a "Licença de Alojamento Local” before you can officially let your property.
According to the Wall Street Journal, Portuguese properties are becoming a very attractive option for buyers that have the necessary funding and purchasing power. In fact, according to our own experience and local feedback, the number of people selecting Portugal to buy property is increasing.
Is there a clause in the policy that excludes cover if the holiday home is uninhabited for more than 30 consecutive days? What about heating warranties? Some insurers insist that the water system is drained during periods of un-occupancy, or that the property is heated constantly to a certain minimum temperature.
The Algarve is one of the favorite places were foreigners buy an holiday home. Regardless of whether your holiday home is used as a weekend retreat, short holidays or for commercial holiday letting, it is vital that you protect your property with adequate insurance coverage.
If you are planning to buy or sell a property, a registered real estate agent can help you. A real estate agent is a professional who will connect the buyer and the seller. In addition, many real estate agents will also have a property management portfolio, and thus he is also responsible for managing rentals, as well as in maintaining a property.