Yes, they can.
• Certidão do Registo Predial/Teor (Registration of the property) • Caderneta Predial (Tax related registration) • Licença de Utilização/Habitação (habitation license) • Ficha Técnica de Habitação (Technical certificate) • Certificado Energético (Energy certificate) • Contrato de Compra e Venda (a Deed contract) to be agreed upon and signed by yourself and the property owner.
Indeed. In most cases, the buyer has already covered the promissory contract's deposit. The date on which the remaining agreed-upon amount is due to the seller will be specified in the deed contract.
It varies. The terms and circumstances of the acquisition are outlined in the deed, which you must check. If the seller has not complied with these requirements, you have the right to request a refund of the deposit. However, in the event that the seller fails to execute the deed, they will have to reimburse the deposit twice over. It frequently requires common sense on both sides in these situations.
Foreigners are focused on the following cities: Lisbon, Faro, Porto, Portimão.
Portugal is a country in the south-west of the Iberian Peninsula. The hot Mediterranean climate attracts tourists. Some of them are going to buy real estate in the country after their vocation. The cost of property depends on the region. The most expensive real estate is in the capital of the country - Lisbon, as well as resort coastal towns. Despite this, it is possible to find suitable villas and apartments, based on financial opportunities and needs.
Reasons to Buy Property in Portugal
Property buyers can apply for a residence permit, which is an important feature of buying property in Portugal.
The Portuguese property market is one of the most actively growing markets in Europe in recent years. Therefore, the purchase of housing and commercial property in this region is extremely profitable.
Year-round stable income will bring any property. Apartments, villas, and townhouses are really popular for investments to rent them out. And if you invest in housing at the construction stage, you can save a lot of money.
Buying a Home in Portugal
Property transactions in this country are quite common. It is recommended to contact specialists when it comes to international transactions. Here are a few reasons to work with us:
- a large database of properties in Portugal, which is constantly growing;
- no need to be personally present at the conclusion of the transaction;
- the possibility to see the property using video;
- verification of the transaction for legal purity;
- provision of after-sales service.
Our specialists will help you with obtaining a residence permit.