Guide

How to buy property in Portugal

Buying a home in Portugal is very doable as a foreigner — once you know the steps. Here’s the whole journey, from your tax number to the keys.

Whether you’re an expat relocating, an investor, or buying a holiday home, the Portuguese buying process is well-trodden — but it has its own steps and paperwork. This guide walks through it end to end. As you go, you can dig deeper with our cost-of-buying calculator, our glossary of Portuguese terms, and our mortgages for foreigners & non-residents page.

The process

Buying property in Portugal, step by step

1

Get your NIF (and a bank account)

Start here

A Portuguese tax number (NIF) is the key that unlocks everything — you need it to open a bank account, sign contracts and buy. Non-residents can get one too, often through a fiscal representative. A local bank account makes payments and the mortgage far smoother.

Residents & non-residentsFiscal representative if abroad
2

Set your budget — price + costs + mortgage

Before you search

Look beyond the listing price. Budget roughly 5%–10% on top for taxes and fees (IMT, stamp duty, notary), and work out how much you can borrow. Our cost-of-buying calculator and mortgage tools give you the real numbers.

~5–10% in costsKnow your borrowing power
3

Get a mortgage decision in principle

Early

Knowing your financing before you offer makes you a stronger buyer. We compare 11+ Portuguese banks and present your profile in the best light — including for non-resident and complex-income buyers.

Stronger offersNon-residents welcome
4

Find a property & sign the CPCV

On agreement

Once you’ve agreed a deal, you sign the CPCV (promissory contract) and pay a deposit (the sinal), commonly around 10%. This commits both parties while the final steps are completed.

Promissory contractDeposit (sinal)
5

Valuation & final mortgage offer

1–2 weeks

The bank values the property and issues the final, binding mortgage offer. The loan is based on the lower of the valuation and the price — we handle the back-and-forth with the bank for you.

Bank appraisalBinding offer
6

Sign the escritura (final deed)

Completion

IMT and stamp duty are paid first, then you sign the escritura before a notary and the property is yours. We attend to check every condition matches what was negotiated.

Pay IMT & stamp duty firstNotary signing

What will it cost on top of the price?

Taxes and fees usually add roughly 5%–10% to the purchase price. Use our 2026 calculator to estimate IMT, stamp duty and fees for your budget.

Estimate my buying costs

Ready to take the first step?

Start with a free, no-obligation chat with a regulated, English-speaking mortgage broker — wherever you live.

Book a free consultation