Can Foreigners Buy Property In Portugal?

Buying Property in Portugal: A Guide for Foreigners

Can Foreigners Buy Property In Portugal

Ever dreamt of owning a slice of paradise in Portugal? 🏖️ Well, you’re not alone. As a real estate expert, I’ve seen a surge in interest from foreigners looking to buy property in this beautiful country. But can foreigners actually buy property in Portugal? The short answer is, yes! But there’s more to it than just a simple ‘yes’ or ‘no’. So, let’s dive in and explore the ins and outs of buying property in Portugal as a foreigner.

Portugal has an open-door policy when it comes to property ownership. 🚪 The country’s legal framework doesn’t discriminate between locals and foreigners. This means that whether you’re from the US, UK, or any other part of the world, you can buy property in Portugal. However, it’s crucial to understand the legalities involved. For instance, you’ll need a Fiscal Number (Número Fiscal de Contribuinte) from the local tax office. This number is essential for any legal transaction in Portugal.

Types of Property Ownership

In Portugal, there are two types of property ownership: full ownership (propriedade plena) and horizontal property (propriedade horizontal). Full ownership is pretty straightforward – you own the property and the land it sits on. On the other hand, horizontal property refers to buildings divided into separate units (like apartments), where you own your unit and a share of the common areas.

Property Buying Process

The property buying process in Portugal is quite straightforward. Here’s a step-by-step guide:

  • Find a property: You can do this through real estate agents, property websites, or even word of mouth.
  • Get a Fiscal Number: As mentioned earlier, this is a must-have for any legal transaction in Portugal.
  • Make an offer: Once you’ve found your dream property, make an offer. If it’s accepted, you’ll need to pay a reservation fee to take the property off the market.
  • Sign the promissory contract (Contrato de Promessa de Compra e Venda): This legally binding contract outlines the terms of the Sale, including the completion date.
  • Pay the deposit: This is usually 10-30% of the purchase price.
  • Complete the sale: This happens at the notary office, where the Deed of Purchase and Sale (Escritura Publica de Compra e Venda) is signed. The remaining balance is paid, and the property is officially yours!


1. Can foreigners get a mortgage in Portugal?

Yes, foreigners can get a mortgage in Portugal. However, the process might be a bit more complicated compared to locals. You’ll need to provide proof of income, and the maximum loan-to-value ratio is usually around 70-80%.

2. Are there any restrictions on property ownership in Portugal?

No, there are no restrictions on property ownership in Portugal for foreigners. However, if you’re a non-Eu citizen and you invest at least €500,000 in Portuguese property, you can apply for a Golden Visa, which offers residency rights.

3. What are the costs involved in buying property in Portugal?

Aside from the purchase price, you’ll need to consider legal fees, notary fees, registration fees, and property transfer tax (IMT). These can add up to around 7-10% of the purchase price.


So, can foreigners buy property in Portugal? Absolutely! 🎉 The process is relatively straightforward, and there are no legal restrictions for foreigners. However, it’s essential to understand the legal framework, types of property ownership, and the buying process. And remember, while the dream of owning a property in Portugal is certainly achievable, it’s always wise to seek professional advice to navigate the complexities of international real estate transactions.

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.