How to Buy Property in Portugal — Step-by-Step Process

A complete guide to the Portuguese property purchase process for foreign buyers, from initial search to signing the final deed.

The 6 Key Steps

  1. Research & Shortlist — Define your budget, location, and property type. Explore Portuguese cities and neighbourhoods.
  2. Get Your NIF Number — Obtain a Número de Identificação Fiscal (NIF) at a Finanças office or via a Portuguese lawyer. Mandatory for all transactions.
  3. Open a Portuguese Bank Account — Required for the purchase and ongoing expenses including IMI property tax.
  4. Sign the CPCV — The Contrato de Promessa de Compra e Venda binds both parties. Deposit is typically 10–30% of the purchase price.
  5. Arrange Financing — Apply for a Portuguese mortgage if needed. Non-residents can borrow up to 80% LTV subject to DSTI checks.
  6. Sign the Escritura — Complete the sale at a notary. Pay the balance, IMT, and Stamp Duty (0.8% on residential property).