Doing up Property

Share experience regarding ownership of property and/or living in Portugal.

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rog123
CVO Regular
CVO Regular
Posts: 59
Joined: Tue Apr 25, 2006 5:42 pm
Location: carvoeiro

Doing up Property

Post by rog123 » Wed Mar 21, 2018 4:28 pm

With property prices very much on the rise here, and demand outstripping supply in some places, is anyone building or improving properties? I wanted to, but when I factored in:
purchase taxes (IMT, stamp duty, etc),
then the agents' fees to sell the finished property, and all the other costs, it didn't leave much of a profit....
Would like to hear of anyoine doing it successfully to prove me wrong.

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