Buying Real Estate in Portugal: Essential Documents
April 4, 2023
The process of purchasing property in the Portuguese territory involves several administrative steps, with additional requirements for international buyers. While the acquisition procedure remains relatively uncomplicated, certain crucial documents must be secured.
Primary Documentation
Personal Identification
A valid government-issued identification document is mandatory for all property-related transactions and financial dealings. This can be either an international passport or the Portuguese identification card (Cartão de Cidadão).
Tax Registration
A Portuguese tax identification number is essential for conducting any financial transactions within the country. This fiscal number is mandatory for various transactions and taxes.
This number can be obtained from the Portuguese tax authority offices with a valid passport and primary residence documentation.
Financial Services
Banking Considerations
Having a Portuguese bank account is not mandatory, but recommended as it can facilitate at processing national payments.
Professional Services
Required Expertise
Professional assistance is vital for a secure transaction process. Key professionals include:
- Licensed real estate agencies (verified by AMI certification)
- Notaries for document verification and property registry confirmation
- Legal counsel, preferably bilingual, for documentation and procedural guidance.
