Can foreigners buy property in Portugal?

Yes. Portugal places no restrictions on foreign nationals purchasing property, regardless of citizenship. Both EU and non-EU citizens can buy freely, subject to the same legal process and tax obligations.

What is a NIF and do I need one to buy property in Portugal?

A NIF (Número de Identificação Fiscal) is Portugal's tax identification number. You must have one before signing any purchase contract or opening a bank account. Non-residents can apply at a tax office or through a fiscal representative.

How much does it cost to buy property in Lisbon including taxes?

Budget 7%–10% above the purchase price for total acquisition costs. This includes IMT transfer tax (variable, typically 6%–8% for secondary/investment properties), stamp duty (0.8%), notary and registry fees, and legal fees (1%–2%).

Can non-residents get a mortgage in Portugal?

Yes, Portuguese banks lend to non-residents, though typically at lower LTV ratios — usually 60%–70% of the appraised value versus up to 90% for residents. Proof of income and assets from your home country is required.

What is the Promissory Contract (CPCV) in Portugal?

The CPCV (Contrato de Promessa de Compra e Venda) is the binding preliminary contract signed before the final deed. The buyer typically pays a 10%–20% deposit. If the buyer withdraws, they lose the deposit; if the seller withdraws, they owe double the deposit.

Do I need a lawyer to buy property in Portugal?

While not legally mandatory, engaging an independent property lawyer is strongly recommended. They conduct title searches, verify licences, review contracts, and represent your interests at the notary — protecting you from costly surprises.

Complete Guide to Buying Property in Lisbon as a Foreigner | LisbonOS Blog

Step-by-step guide for foreigners buying property in Lisbon — legal steps, taxes, mortgages, costs, and expert tips. Start your journey here.