--- page: faq/buyer locale: en canonical: https://www.homiberia.com/en/faq/buyer --- # Buyer FAQ ## Can foreigners buy property in Portugal? Yes, Portugal has no restrictions on foreigners buying property. International buyers, including non-EU citizens, can purchase real estate with the same rights as Portuguese citizens. ## What are the main costs associated with buying property in Portugal? In addition to the property price, buyers should consider: - **IMT (Property Transfer Tax)** – varies between 0% and 8% - **Stamp Duty** – 0.8% of the purchase price - **Notary and Registration Fees** – around €1,000-€2,000 - **Legal Fees (optional but recommended)** – 1% to 2% of the property value ## Can I get a mortgage in Portugal as a foreigner? Yes, non-residents can apply for a mortgage in Portugal. Banks typically finance up to 80% of the property value, with loan terms up to 30 years. Having proof of income and a good credit history helps secure financing. ## What is the Golden Visa program, and can I qualify by buying a property? The Golden Visa allowed non-EU investors to obtain residency by purchasing property worth at least €500,000 (or €280,000 in low-density areas). However, as of 2023, residential property in Lisbon, Porto, and coastal areas no longer qualifies. Always check for updated rules. ## What are the legal steps to buying a property in Portugal? - **Get a Portuguese NIF (Tax Identification Number)** - **Open a Portuguese bank account** - **Sign the Promissory Contract (CPCV)** and pay a deposit (usually 10%-30%) - **Complete Due Diligence** (legal verification of the property) - **Sign the Final Deed (Escritura) and Register the Property** ## What taxes apply after purchasing a property in Portugal? - **IMI (Municipal Property Tax)** – 0.3% to 0.8% annually, depending on location - **Rental Income Tax** – 28% (if you rent out your property) - **Capital Gains Tax** – 28% for non-residents when selling ## Canonical URL