Everyone is looking to secure a better future, whether it’s for themselves or for their family. If you are setting your sights on Portgual real estate as an option, then Comporta is one of the top locations for you. Comporta is less than an hour and a half drive south of the buzzing capital, Lisbon, where you can find true tranquility and peace. The place is perfect for those that are looking to invest in a holiday home or rent property, being able to live close to nature and enjoy both luxury and simplicity. Indeed, Comporta real estate is an excellent investment opportunity and in this Comporta real estate guide, we’ll provide you with important information on the following:
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- Buying a house in Comporta
- Why buy a house in Comporta
- What to pay attention to when buying a house in Comporta
- How long does it take to buy property in Comporta
- Things to do in Comporta
- FAQs
- Plus much more!
Buying a house in Comporta
Comporta is the perfect place for a summer vacation and for short holidays, and by investing in Comporta real estate you can get excellent returns on your investment.
However, this exclusive location is also a great place to live permanently. Comporta is a community made up of three villages that have multiple boutique hotels, homes to rent, excellent restaurants, and many spots to take in breathtaking views of nature.
Why buy a house in Comporta
Living in Comporta, Portugal is nothing short of a dream and there are countless factors that make Comprta real estate an excellent option. In this part of our Comporta real estate guide, we’ll provide you with some of the most important ones!
A popular tourist destination
As Comporta has many excellent beaches and views of the stunning Atlantic Ocean, its an ideal spot for tourists. Indeed, people from all around Europe and even further afield consider Comporta — affectionately known as the “Hamptons of Europe” — as a getaway location for an excellent vacation. In Comporta, over the summer months, the area is filled with the rich and famous from across the country – and beyond. Therefore, if you have a rental home in Comporta, you can rake in excellent money during the season.
Diversity of properties
There are many different property types to be found in Comporta. From villas with private pools, beach houses, or cute houses in the village, you will be able to find what you are after here.
Route to citizenship
With the Portugal Golden Visa, investors are able to secure residency in Portugal and, should they meet the criteria, citizenship is a possibility after five years. The Portugal Golden Visa has an array of benefits including visa free travel across the Schengen area, increased financial and personal freedoms, and family security, plus you get to live in one of the most beautiful countries in the world. Note that for the residential real estate option you will need to invest in a designated interior area. If the area is also in a low-density zone then a 20% discount will apply. Read more about this in our article here.
What to pay attention to when buying property in Comporta?
There are some important factors that you will need to pay attention to when looking to buy in Comporta. In this part of our Comporta real estate guide, we’ll run over some of the most important ones to bear in mind.
Neighborhood
If you are planning to move to Comporta then make sure that the neighborhood has everything that you will need. For example, restaurants, schools, and healthcare. You can always consult locals to find out more. One more top tip is to visit the place in the daytime and at night as places can have a very different feel to them once the sun goes down.
Paperwork
It is crucial when buying property to ensure that everything is above board and that the property is completely legal. Also, make sure that there is no paperwork missing as this may cause delays in the property acquisition process.
Consult a professional
It is best to have a trusted expert that you can turn to, who speaks Portuguese and who knows the real estate market in Comporta well. Make sure that you speak with professionals who have an AMI license to practice real estate brokerage in Portugal.
How long does it take to buy property in Comporta?
Buying Comporta Portugal real estate can take some time, but we promise you that it is better to spend the time finding the perfect home than simply trying to find a quick buy. Buying property in Comporta may take around three to four months easily, if not longer. Most of this time will be spent looking for the property. Also, other aspects, such as finding the right mortgage for you, paperwork, planning, etc. can also take some time.
Things to do in Comporta
Comporta has some thrilling attractions, which is one of the reasons why the rich and famous head here over the summer months. In this section of our Comporta real estate guide we’ll provide you with some of our favorite things to do here.
- Firstly, experience something truly unique at Qunita da Comporta, a wellness boutique resort. Leave feeling utterly renewed after experiencing the true merging of nature and luxury.
- Visit the Carrasqueira palafitic pier. It is one of the most popular sites in the region, and with good reason. It is considered a work of art due to its architectural prowess and was built in the 1950s and 1960s on irregular wooden stilts where the local fishing boats dock. Nowadays, the pier is on stilts and is some hundreds of meters long. Feel free to come to meander your way along the pier, watching the boats and some of the birds of the Sado estuary.
- Call at the Casa de Cultura, a local museum in the heart of Comporta.
- With rice paddies, the ocean, pine trees, and sand dunes, experience a truly special place and spend time exploring the area.
Conclusion
If you are looking to invest in an overseas location then Comporta real estate could be perfect for you. As a popular place over the summer months, it is an exceptional investment opportunity if you are looking to rent out the property during this period.
How we can help
Global Citizen Solutions is a boutique residency and citizenship by investment company, focused on finding the right investment, citizenship, or residency program for individuals across the world. We work solely on behalf of our clients throughout the process for an easy and hassle-free journey to your desired route.
With offices worldwide and an experienced, hands-on team, get in touch today to see how we can understand your objectives and help you move towards becoming a global citizen.
In addition to this Comporta real estate guide, the following articles may be useful to you:
Frequently asked questions about Comporta real estate:
What's driving the demand for Comporta real estate?
Before the 2008 financial collapse, Comporta had been predicted to be one of the hottest spots in Europe for real estate. The effect of the financial crash meant that many Portuguese buyers lost access to credit which stagnated the market and was not reversed until six years later.
In the latter stages of 2013 and early 2014, many French nationals began purchasing real estate in the region, in part due to financial incentives and residency programs. Nowadays, most foreign buyers in Comporta are from Europe and the United States, choosing Portugal because it is one of the safest countries in the world and the close proximity of Comporta to Lisbon and the international airport there (only one hour and fifteen minutes away) make traveling to many European capitals very easy.
However, the biggest pull factor to the religion is probably its outstanding natural beauty, close to beautiful beaches, the sunshine climate, and outstanding nature. The welcoming behavior of the locals, high-end low-density development, and the affordable, laid back lifestyle are all further drivers of the market in Comporta.
Is it easy to purchase real estate in Comporta?
It is relatively straightforward to buy property in Comporta. Once you have identified the property that you wish to purchase, make an offer to the seller through your broker and, perhaps after some negotiation, your offer will be accepted. Make sure you have a lawyer to help you through the buying process.
Can foreigners buy property in Comporta?
Yes, foreigners can buy property in Comporta without any difficulties.
How do I find a property to buy in Comporta?
You can do some initial research into the area. It is also good to have a buyers agent on hand who can help you.
What is the procedure for buying a home in Comporta as a foreign national?
Following the steps below, you should be able to easily get to grips with the buying process in Portugal:
- Find the right real estate agent in Comporta
- Find the right property in Comporta
- Make an offer that is the seller will accept, perhaps after some negotiation
- Obtain a NIF number (Portuguese tax number)
- Hire an experienced lawyer
- Sign the purchase and sales contract
- Pay the deposit
- Be aware of taxes and legal fees
- You will be the new owner of the property
Our real estate division, Goldcrest, has recently launched their new e-book on how to buy property in Portugal which will be useful to you if you are looking into Comporta real estate, or properties in any other part of the country. You can order your copy here. The book provides an easy guide to buying property in Portugal, including an easy step-by-step guide.
Who should I speak with about buying property in Comporta?
If you are looking to purchase a property in Portugal, you can get in touch with one of our team at Goldcrest, our real estate division, who will be able to discuss your options for buying property in this beautiful neighborhood of Lisbon.
