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Bugau, near Lagos western Algarve
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Building Companies in Portugal.

If you have been or are intending to visit Portugal for an inspection visit, depending upon how this is conducted you can well end up believing that the whole country is a builders yard or a building site. This is a shame really because this is not the case. Up to a point the fault for this impression lays with many of those who sell property and whose primary aim is to drag potential buyers around as many building sites as possible in the hope that one particular development will appeal and result in a sale.

If your reading this, you are probably looking to build your own property. Please, please, please go and rent a flat in the area of your land, prior to building, for at least a month. Talk to the locals, vist the local council offices and ask around. Not only will this help you integrate into the comunitity but you will find the best local builders.

All new Portuguese building carries a 10 year guarantee. Or should! Unlike the UK, where this is through the NHBC, an organisation made up of building companies, in Portugal, insurance companies carry the guarantee. If you have to make a claim you're not going to be told that it's not valid because you have been living in the property or that the roof or floors are not covered. It's a genuinely useful guarantee which you can safely rely on and which it is unlikely you will ever have to use.

Today in Portugal, buyers of new properties can expect double glazing, secure doors, insulation and construction approaching UK Standards. However, bear in mind, the climate dictates the majority of materials used, don't be supprised to see hugh amounts of concrete. Which then gets coversed with plaster and tiles. Property is expensive and becoming increasingly more so but can still represent value for money when compared to that available in the UK.

It remains to be seen whether the boom in Portuguese property continues, We believe that the property market will stall 2005. Prices are unlikely to change and sales will switch from new to resale properties.
Whatever happens, there is still time for you to acquire a secure and lasting investment which will bring years of pleasure for you and your family or provide a retirement in a country with a climate envied by most of the world.

 


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