Lisbon
Accommodation
Buy house or flat
The process of purchasing or selling any type of property or land is
not as strictly regulated in Portugal as it is in Spain and France.
However, the level of bureaucratic red tape and the Portuguese legal
idiosyncrasies can make it a complex transaction. Therefore for those
with
little knowledge of the country, language, legal and administrative
system, it is best to hire a local lawyer to act as a broker in your
interest. Below are some basic tips and information related to buying
property in Portugal. For more detailed information, please click
here.
To buy a property in Portugal you will need a Fiscal Number from the Tax Office. However a Portuguese non-resident will need to designate a Portuguese Tax Representative to buy a property in Portugal. When buying property, expect the following costs:
To buy a property in Portugal you will need a Fiscal Number from the Tax Office. However a Portuguese non-resident will need to designate a Portuguese Tax Representative to buy a property in Portugal. When buying property, expect the following costs:
- The Deposit (Entrada) is usually between 10% and 20% of the purchase price
- The Portuguese Government Property Tax (Imposto Municipal sobre Transmissões) varies according to location of property
- Notary Fees and Land & Property Registration Fees which vary according to the purchase price of the property
- Stamp Duty (Imposto de Selo) – generally 0.8% of the purchase price
- Estate Agency Fees - This is normally around 5% and is included in the sale price
- The costs of the mortgage (Credito Habitação)
Estate agents
There are many estate agencies in Lisbon. You can try the following:
- http://www.lucasfox.com
- http://www.homegain.com/
- http://www.viviun.com/Real_Estate/Portugal
- http://www.Primelocation.com/lisbon
- http://www.globespanproperty.com/
Solicitor fees
Estate Agency Fees are steep and normally around 5%. This is
included in
the sale price of the property.
Tax
The Portuguese Government Property
Tax (Imposto Municipal sobre
Transmissões) is also levied on buyers. It is generally
5% of the value for a property in the countryside, 6.5% for
an urban property- in case such urban property is designated
exclusively for the residence of the buyer, the local taxes varies at a
rate up to 6% according to the property value, and 8% for a property
purchased using an offshore account.
8/09/2009
26/09/2016
Accomodation in Lisbon
You find more than 450 properties for sale and rent in Lisbon in Tranio's catalogue: https://tranio.com/portugal/lisbon/