Buying a Property in Portugal?

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First Step before buying a property in Portugal

If you intend to buy a property in Portugal it is convenient to know the best and most complete information about it:

The first act for a foreigner to be able to acquire a property in Portugal, to open a bank account, establish residence, start any activity, is to obtain the fiscal number, for this you may have to appoint a fiscal representative, with residence in Portugal.

 

Special cautions to take in consideration when acquiring a property:

    • Is the registration title in the name of the person who intends to sell it?

    • Are there mortgages or any other limitations on the right of ownership? Or property rights?

    • Is the construction that currently exists duly licensed by the competent authorities?

    • Are all the required documents for the sale available?

    • Are the exterior boundaries well defined and correspond to official maps?

    • Are there debts owed by the current owners to any entities that might affect is ownership?

    • What is the classification of the land and if it allows the existing building to be extended or if it is possible to build swimming pools, outbuildings, carports, etc.?

    • Is it inserted in an ecological reserve, agricultural reserve, irrigation perimeter or special protection zone, that can limitate or prohibit any alterations to the building?

    • Can any edifications be built on nearby land?

    • Is it necessary to make an assessment or check the condition of the construction? Or facilities?

    • Would you like to be informed of all the procedures when they are carried out?

We and the group of architects, engineers and other licensed professionals, who regularly collaborate with us, are able to answer all your questions and ensure that you are making a safe investment in Portugal.

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