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Stamp duty and registration.
Stamp Duty must paid at this time.

Finally, the property is registered in the name of the new owner at the local Land Registry. At this stage, you should contact the various utility companies and also the Tax Office in relation to the payment of general rates (IMI). The latter must be registered in your name within 60 days of the Final Deed, but we are happy to assist you in this regard.

glossary

To buy a property in Portugal you don't need to learn portuguese, but it maybe useful to kown the name of the important documents and taxes.




useful information

Costs of Buying a Property in Portugal.
Before buying anything you should know what is the total amount that you'll spend.


Buying guide



Steps to buy a property in Portugal
1. Use a government licensed Estate Agent like Rede Real agents.
2. Non-Residents ,and Fiscal Representation.
3. Reservation Deal , to take the property off the market.
4. Collect all the documentation.
5. Promissory Contract, buyer and seller agree on the deal.
6. The property transfer tax should be paid.
7. Final Deed signed at the Notary’s office.
8. Registration in your name.



Corporate Ownership.
Owning a property in Portugal using an Corporate Ownership.
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Date: 06-10-2008