There are a number of procedures that you will go through as you purchase a property in Portugal but they are not stressful, if you use the services of solicitors and lawyers. Before transferring the property, you need to reach an agreement with the seller. It is essential to grant a promissory contract of sale and purchase. In this document, the seller and buyer state the conditions of the deal, which include things such as value of deposit, conditions of payment and price among others.

Before signing the promissory contract of sale and purchase, it is essential to analyse the property’s documentation. You can obtain it at the Tax Department, Land Registry Department and City Hall. In certain cases, it is necessary to go to other entities. After signing the promissory contract and before the deal is complete, you need to analyse the documentation again in order to confirm whether it is possible to legally transfer the property.

In conclusion the property in Portugal has great opportunities that will allow you to live here for a very reasonable cost but make sure you consider the implications and ensure that you are fully aware of all legal considerations when going through the buying process.