Buy Your Property in Portugal

Yes. You don’t need to be a resident of Portugal to buy a property. However, requirements can vary from person to person, especially when bank financing is needed. That’s why, before moving forward, it’s important to review your personal, financial, and tax situation.

The first step is to get a NIF, the Portuguese Tax Identification Number. It’s one of the essential requirements for completing the purchase and handling all the tax procedures related to the property. If you don’t have a NIF yet, we can help through our partners (additional service). After that, you need to determine whether the purchase will be made with your own funds or through a mortgage.

Yes. If you have the necessary capital to make the purchase, bank financing is no longer required. Even so, you should factor in the taxes and costs associated with the purchase, in addition to the price of the property itself. We can help you understand, from the start, what the total investment will be.

Yes, it’s possible. However, banks assess each situation individually, and requirements can vary depending on factors such as your country of residence, income, type of employment contract, the currency in which you’re paid, your financial situation, and the value of the property. Through our credit intermediaries, we can help you review your situation and understand the options available across different banks.

As a general guide, you may need at least 10% in own funds, though this can be higher depending on the buyer’s profile. For those without stable income in Portugal, for example, the bank may require a larger down payment. That’s why it’s important to have a financing assessment done before choosing a property.

No. You can buy a property in Portugal while being a tax resident in another country. However, your resident or non-resident status can affect the taxation applicable to the purchase, as well as some aspects of financing. That’s why we always recommend an individual tax assessment before buying.

It can. The taxation of a purchase depends on several factors, including the value of the property, its intended use, and the buyer’s tax situation. There are also specific rules for non-resident buyers, so it’s incorrect to assume all buyers pay the same taxes. Whenever necessary, we can refer you to our specialized tax professionals.

Buying a property involves, among others, IMT (property transfer tax), Imposto do Selo (stamp duty), and costs related to the deed and registration. The final amount depends on the property and the buyer’s situation. Before making an offer, it’s important to know not just the price of the house, but the total cost of the purchase.

Not necessarily. In certain situations, the process can be prepared and managed remotely, including through a power of attorney. Whether physical presence is required depends on the specific situation and the procedures involved.

Yes. You can buy a property for investment, rental, or as a second home, even without being a tax resident in Portugal. However, the taxation and applicable rules may differ depending on the purpose of the property. Whenever necessary, we can refer you to the right professionals to review your situation.

Yes, and it’s a fairly common situation. Many people start the buying process before their final move to Portugal. In that case, it’s especially important to arrange your NIF, financing, documentation, and tax setup in advance.