Buy - Property in Portugal

Portugal allows both locals and foreigners to buy property. Portuguese legislation is generally foreigner-friendly and allows people from different countries to buy property in the country. However, there are some specific rules and regulations that may vary depending on nationality, type of property and intended use.

EU and EEA citizens: Citizens of the European Union (EU) and the European Economic Area (EEA) usually enjoy the same rights as Portuguese citizens when it comes to buying property. There are usually no special restrictions for EU and EEA citizens.

Non-EU citizens: Non-EU citizens can also buy property in Portugal. However, there are certain restrictions and authorisation procedures that may vary depending on the type of property and the intended use. Non-EU citizens should contact a Portuguese lawyer well in advance to clarify specific requirements and procedures.

Agricultural land: The purchase of agricultural land is subject to special regulations. As a rule, both EU/EEA citizens and non-EU citizens must obtain special permits in order to purchase agricultural land.

Permits: In some cases, the purchase of real estate by non-EU citizens may be subject to certain conditions or permits, especially if the land is commercial or large. It is important to seek professional legal advice.

Golden Visa: Portugal offers a so-called "Golden Visa" programme, which allows foreign investors to obtain a residence permit when investing in Portuguese real estate. This programme can facilitate the purchase process for certain investors.

Buy - Property in Algarve

Buying property, particularly in the Algarve region, is attractive to many people, whether as a holiday home, retirement home or investment opportunity. There are some steps and information you should consider.

 

This information has been compiled to the best of our knowledge and is continuously updated, nevertheless it cannot be regarded as a substitute for professional advice. We do not accept any responsibility for possible errors or omissions.