Renovation - how easy is this in Portugal?

Times economically are hard and more and more people are opting to buy a property that is reasonably priced but that needs restoration. And that would seem to make a lot of sense. Just looking on the internet it’s amazing to see how may properties you can find in Portugal that are in the €20,000 range – but just bear in mind that old South African saying: “Goedkoop is deurkoop”, which, loosely translated, means buying cheaply can end up being very expensive!

So…you have looked far and wide and finally found an utterly delightful property with beautiful views in exactly the part of Portugal that you fancy living in - BUT – it needs extensive restoration…

There are a number of questions you need to ask yourself: how practical is this in a country that is foreign to you, working in a language that is too? And how expensive will it turn out to be? Are you planning on doing some of it yourself? This is great if you have some sort of experience, but forget all those TV programmes you have watched if not: it’s hard work, and in the end you may have to get an expert in to complete the job effectively so have a care if you are thinking of going this route.

Be aware that different rules and regulations apply to property in Portugal. You need to know UPFRONT that you will be allowed to do what you both want and need to do to get the place in good order without having to wait years to get plans passed…that’s if they get passed at all.

Generally, restoration properties fall into two categories; those requiring full planning permission and those that don’t need any further permission at all but just some TLC. Buying a property without public utilities connected for instance is generally not a good idea. Getting mains water and electricity connected isn’t a simple process and may need planning application, which can take a very long time. I would suggest you make it a condition of purchase that you can get plans passed for work that you need to have done and that you do your research very carefully before signing anything. Your own independent lawyer would be essential here…a local recommended Portuguese lawyer who speaks English.

Unless, as previously mentioned, you have personally carried out a renovation project before, it would be advisable to get a Portuguese builder to help you. They are far cheaper than builders in the UK and there are many skilled tradesmen available at a fraction of the cost of their UK counterparts.

Generally the quality of workmanship in Portugal is very high, but you would be well advised to use someone that comes personally recommended and to ask to see examples of their completed jobs. This will give you a good idea not only of their workmanship but also of their reliability and integrity. It would also be a good idea to get your lawyer to draw up a contract outlining not only exactly what work is to be done but when it is to be done by and when payment is to be made. Payment should be on a stage-completion basis and NOT time based…

Personally I would accompany the builders to the local builders’ merchants and DIY supermarkets to buy materials. That way you supervise the cost yourself and don’t end up paying what the builder thinks you should pay! Failing that, INSIST on till slips and make it clear that this is essential upfront. I had an unpleasant wrangle with a builder once who maintained that he had ‘lost’ the slips. No slips, no payment is my future maxim.

You need to decide before repairs begin how much you are thinking of spending. Inform your builder of this and do not be coerced into going over budget. Remember that the property market is not great at the moment and, if you should want to sell in the future, you don’t want to over-capitalise in your property.

Damp is probably the most common problem in many older Portuguese properties, so be aware of this and make sure it can be sorted before rather than after you buy.

Good luck and I would be so interested in your story if you are going this route.

Have fun and speak soon,

Carol

The Overseas Guides Company
http://www.Portugalbuyingguide.com