Top 5 Reasons To Buy Property In Algarve In 2021 With Ideal Homes Internationals

      

(ProNewsReport Editorial):- Quarteira, Algarve Mar 17, 2021 (Issuewire.com) – Ideal Homes International is one of the best privately-owned real estate companies in Europe that offers top-quality properties for sale in Lisbon, Algarve, and Portugal. The company offers personalized services that help buyers to acquire the perfect property according to their requirements. Armed with their 10 years of experience in the market, the company caters to every need of their clients across the world. Residing in Algarve proffers many advantages to the residents.

Tax advantage- Portugal has a non-habitual resident program that offers tax reduction and tax exemption in some areas to the foreign residents. The new tax regime was implemented in 2009 and updated last year. Algarve being the most popular destination in Portugal also comes under the tax reform and offers all the tax benefits that the bill tenders.

The golden Visa- The golden residence permit program of Portugal is a resident-by-investment scheme for non-EU nationals that valid for five years. It offers all the facilities of a citizen like the right to work, live, and study to the foreigners. The residents can also move freely in the 26 Schengen countries in Europe.

Flexible mortgage plan- Portugal has the best mortgage plan in Europe. There is little or no restriction for non-EU residents buying properties in Algarve, Portugal. Buyers can borrow up to 80 percent and at an all-time low of less than 1 percent. Ideal Homes International takes care of all the aspects that are necessary to get a mortgage for your desired property.

Top rental returns- Real estate returns are the highest in Portugal compared to other cities and countries in Europe. Both long and shorter real estate rental in the region offers substantial returns. Investors can receive up to 10-12 percent return, especially in Lagos. The seaside region, Algarve is one of the most popular tourist destinations and it offers great rental returns.

Capital gains tax- Selling property in Algarve is highly beneficial for investors. It applies to personal properties too. Portugal offers tax reductions and exemptions in some cases of property selling. The EU citizens are taxed on 50% of the gain and for non-EU residents, the capital gain could be 28%. The foreigners can still apply to be taxed only on 50% of the gain.

Ideal Homes International is a reputable real estate company in Europe that specializes in property sales, rent, and mortgage in Algarve, Lisbon, and Portugal. The company guarantees to provide high-quality properties to their clients at reasonable prices. Established in 2012, the company is now leading the real estate market in Portugal. They have a complete range of real estate services in one place. To know about their services in detail, visit them at Www.idealhomesinternational.com.

Media Contact

Ideal Homes International

[email protected]

https://www.idealhomesinternational.com/

Source :Ideal Homes International

This article was originally published by IssueWire. Read the original article here.



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