Portugal remains one of the most attractive destinations in Europe for international real estate buyers. With its high quality of life, political stability, and strong property market fundamentals, it offers a secure and strategic environment for both lifestyle and investment purchases.
At Bonte Filipidis, we guide international clients through every stage of buying property in Portugal, ensuring a seamless, secure, and fully transparent experience.
This step-by-step guide explains exactly how to buy property in Portugal as a foreigner.
Step 1: Define Your Property Investment Strategy
Before buying property in Portugal, it is essential to clarify your objective:
- Buying a second home in Portugal
- Relocating to Lisbon, Cascais, or Comporta
- Investing in rental property in Portugal
Your strategy will determine the location, property type, and expected return on investment.
Popular areas include:
- Lisbon (urban lifestyle & capital growth)
- Cascais & Estoril (coastal living near Lisbon)
- Comporta (luxury & lifestyle investment)
Step 2: Understand Your Budget and Costs
When purchasing real estate in Portugal, buyers should budget beyond the property price.
Typical additional costs include:
- Property Transfer Tax (IMT)
- Stamp Duty
- Notary and registration fees
Total costs usually range between 6% and 10% of the purchase price.
If you are financing your purchase, securing a mortgage pre-approval in Portugal will strengthen your position as a buyer.
Step 3: Get a Portuguese Tax Number (NIF)
To buy property in Portugal, all buyers (residents and non-residents) must obtain a Portuguese tax number (NIF).
This is required for:
- Signing contracts
- Opening a bank account
- Paying taxes
At Bonte Filipidis, we assist international clients in obtaining their NIF quickly and efficiently.
Step 4: Open a Bank Account in Portugal
Opening a Portuguese bank account is highly recommended when buying property.
It allows you to:
- Transfer funds securely
- Pay taxes and fees
- Manage ongoing property expenses
We work with trusted local banks to simplify this process for non-resident buyers.
Step 5: Work with a Real Estate Agent and Lawyer
Buying property in Portugal requires the right professional support.
A typical team includes:
- A real estate agency (property sourcing & negotiation)
- An independent lawyer (legal due diligence)
- A notary (official transaction process)
At Bonte Filipidis, we coordinate all stakeholders to ensure a smooth and secure transaction.
Step 6: Search for Property in Portugal
Finding the right property in Portugal requires local expertise and access to the right network.
We provide:
- Curated property selection
- Access to off-market real estate opportunities
- Tailored recommendations based on your investment strategy
This approach saves time and ensures higher-quality opportunities.
Step 7: Make an Offer and Negotiate
Once you find the right property, the next step is to make an offer.
Negotiation in Portugal depends on:
- Market conditions
- Property demand
- Seller expectations
Our role is to secure the best possible terms, not only on price, but also on conditions and timelines.
Step 8: Sign the Promissory Contract (CPCV)
The Contrato de Promessa de Compra e Venda (CPCV) is a key step in the Portuguese property buying process.
At this stage:
- A deposit of 10% to 30% is paid
- Terms of the sale are agreed
- The contract becomes legally binding
This protects both buyer and seller before final completion.
Step 9: Legal Checks and Due Diligence
Your lawyer will carry out full due diligence on the property, including:
- Ownership verification
- Land registry checks
- Building licenses and planning permissions
- Existing debts or charges
This ensures the property is legally secure before purchase.
Step 10: Final Deed (Escritura) and Completion
The final step of buying property in Portugal is the Escritura, signed before a notary.
At completion:
- The remaining balance is paid
- Ownership is officially transferred
- The property is registered in your name
You will then receive the keys to your new property.
Step 11: Property Taxes in Portugal
After purchase, property owners in Portugal should be aware of:
- IMI (annual property tax)
- Potential rental income taxes
- Wealth or residency-related considerations
We can connect you with financial advisors for long-term planning.
Step 12: After-Sales and Property Management
Buying property is only the beginning.
We support our clients with:
- Property management services
- Rental strategy (short-term or long-term)
- Ongoing investment advice
Why Buy Property in Portugal with Bonte Filipidis
Buying property abroad can be complex, but with the right partner, it becomes a structured and rewarding investment.
At Bonte Filipidis, we combine:
- Deep local market expertise
- Access to exclusive opportunities
- A fully tailored approach for international buyers
Our mission is to make buying property in Portugal simple, secure, and strategically aligned with your goals.
