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The Portuguese Government has introduced a proposal to apply a flat IMT rate of 7.5% on all residential property purchases made by non-residents. This represents a major change from the current progressive IMT system, where tax rates range between 2% and 7.5% depending on the property value.

Over the past year, Westmark has experienced impressive growth — not only in numbers but also in reputation. The company has expanded its team and by the end of this year will count four real estate professionals, two property management specialists, a dedicated team of six property cleaners, and one financial professional. Westmark is steadily evolving into one of the most trusted all-round property businesses in the Algarve. Not necessarily the biggest in turnover or size, but undoubtedly among the highest in client satisfaction, now standing at an outstanding 98% overall.

A second home in Portugal is a dream come true for many Dutch people. Sun, sea and a stable real estate climate make the country popular for both holidays and investments. But if you are a Dutch resident, you have to take into account tax rules in both countries. A Dutch Real Estate Agent in Portugal can make all the difference.

Dreaming of a home in Portugal’s sun-drenched Algarve, a charming apartment in Lisbon, or a peaceful countryside retreat? If you’re an international buyer, the process of buying property abroad can feel overwhelming. That’s where Westmark Estate Agency steps in — with a clear and supportive 5-step buying plan designed specifically to guide foreign buyers through every stage of purchasing property in Portugal. Here’s how Westmark makes your journey smooth and stress-free: