Portugal is one of the premier European countries in recent times which has recorded steady growth in all fields of activities and has consolidated its position in the world market. Real estate and investing in property is a major market in Portugal and despite the presence of strict terms and conditions, property related transactions have been on the rise and is steadily rising the graph. Certain factors are necessary in case of these transactions.

The most significant contributions in case of property transactions come from the estate agents and legal advisors or property solicitors. In Portugal, the estate agent is locally called theAgente Imobiliario. The estate agent is licensed by the government and he acts a kind of mediator between the seller and the prospective buyer. He is one who has an extensive knowledge regarding the property market in Portugal, he is aware of the prices and thus he knows the relevant property costs which vary according to location and therefore he is one who cannot be fooled easily. Thus he is to work without showing any preference to either the buyer or the seller but rather to reach a consensus to which both parties agree. Therefore, he is more of a mediator whose purpose is to see that both the buyer and the seller get a good deal from the transaction. The estate agents are certified by the government and before appointing an estate agent one must always ask for the authorization certificate fro safety purposes.

Legal advisors or property solicitors are significant to any form of property transaction because in Portugal the property laws are very strict and stringent and it is only these solicitors who are well versed with these laws. They are the ones who are responsible for drawing up the various agreements and contracts acknowledging the transfer of properties.