A selection of properties available under the rent to buy / rent to own scheme in beautiful Central Portugal, in the Beiras Region, direct from the owner.
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A selection of properties available under the rent to buy / rent to own scheme in beautiful Central Portugal, in the Beiras Region, direct from the owner. |
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| > Activity Holidays | Rent to Buy or Rent to Own is a simple process that allows the buyer to rent a property for a contracted period of time and at the end of that period have the option to buy the property and possibly get back some of the rental monies paid. Because there are not pre-set contracts the contract term and pre-paid rental discounts are negotiable between landlord and tenant. Rent to Buy and Rent to Own is becomming increasingly popular with buyers that are not in a financial position to purchase their dream property out right, right now. Contracts between Landlord and Tenant should be drawn up by a solicitor and contain the following: When purchasing property abroad it is recommended you retain the services of a portuguese solicitor. We can provide details of 2 independant local solicitors that speak both Portuguese and English. |
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Purchase Price € 120,000 Rent to Buy €500 per month Contract Length 12-24 months Spacious two bedroom cottage Location: Trespostos |
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Purchase Price € 250,000 Rent to Buy: Negotiable Contract Length 12-24 months Five bedroom farmhouse Location: Serrada |
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Purchase Price € 150,000 Rent to Buy: Negotiable Contract Length 12-24 months 3 Story 3 Bedroom House Location: Pera |
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What is Rent to Buy or Rent to Own Rent to Buy is a revolutionary way to purchase a home without ever having to apply for a mortgage. Absolutely anyone can apply, there are no huge deposits to pay. The Rent to Buy scheme was developed in Australia and has swept across America and Europe. The reason for its success is that it helps people to get on the property ladder or purchase their dream holiday home. How does Rent to Buy or Rent to Own Work How it works is simple. After agreeing the rental price, contract length and total purchase price with the property owner a solicitor will draw up the contracts. At the end of the contract period the tenant has two choices, pay the balance of the purchase price or vacate the property. Rent to Buy Cash Back In some cases Owners will let their property to tenants for a higher than normal rentable value and either return a cash lump sum or discount the property purchase price at the end of the contract period. |
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