Buying a property in Lisbon in 2025: Everything You Need to Know

Discover everything you need to know about buying property in Lisbon. From the best neighborhoods and price trends to legal and financial considerations, our guide provides essential tips for buyers and investors.

Becoming a Landlord
March 17, 2025

Are you thinking about buying an apartment or house in Lisbon? Great! This guide will give you the essential info you need, in a simple, straightforward way. We'll walk you through the basics so you can make smart decisions about buying a property in the sexiest capital in Europe.

1. Why Buy a Property in Lisbon?

Lisbon just has the special something. Some say it's the unique light of the afternoon sun, for others it's the abundance of small coffee places around the city. No matter what the ”something” is for each individual person, it is a truly magical place to be. With its exceptional quality of life, safe streets, and excellent healthcare system, it's a city where people can thrive. Its rich history and culture add to the allure, offering a perfect blend of tradition and modernity. Plus, with attractive visa programs like the Golden Visa and the Non-Habitual Resident tax scheme, Lisbon has become a top choice for those looking to relocate and make the Portuguese capital their home. Due to its growing popularity in the last couple of years, more and more investors were attracted to buy a property either for investment purposes or for having their own four walls to call home in Lisbon.

This development led to the rise in property prices, particularly in popular spots like Chiado and Avenida da Liberdade as well as the surrounding areas such as Bairro Alto, Príncipe Real, Baixa, Santos, and Cais do Sodré. As of 2025, you can expect to pay between €5,000 and €8,000 per square meter in these areas due to increased demand and limited availability. Beautiful river views and proximity to shopping and dining are also appealing features for buyers. The trend has been towards a mix of beautifully renovated historic properties and sleek modern apartments that cater to urban lifestyles.

2. Understanding Lisbon’s Real Estate Market

When navigating the Lisbon property market, it’s important to understand price trends and neighborhood dynamics:

  • Central Lisbon: We're talking about areas like Baixa, Chiado, Príncipe Real, Avenida da Liberdade, and nearby spots. In these prime locations, property prices range from €5,000 to €8,000 per square meter, although prices can also easily exceed these values in ultra-premium locations like Avenida da Liberdade or properties with exceptional views in Chiado. The price level heavily depends on the exact location, the structural quality of the building, as well as special perks of the property like river views, outdoor spaces such as terraces and patios, or parking. More modern central areas like Saldanha and Avenidas Novas tend to be slightly more affordable, ranging from €4,500 to €7,500 per square meter, offering a balance between location, comfort, and newer buildings and amenities.
  • Outer Lisbon Suburbs: Areas like Amadora and Odivelas are more affordable, with prices ranging from €3,500 to €4,500 per square meter. These suburbs were not very popular 20 years ago but have risen steadily in demand due to infrastructure improvements and more accessible property prices. Loures is another emerging area, particularly in urban zones like Sacavém or Santo António dos Cavaleiros, where prices start at around €3,000 per square meter. These suburbs attract buyers looking for better value while still maintaining good transport links to central Lisbon.
  • Lisbon Coastal Areas: Almada and Costa da Caparica are situated on the other side of river Tejo and part of the South Bank (in Portuguese "Margem Sul"). Almada, directly opposed to Lisbon across the river, has good transport links and more affordable prices (€3,000–4,500 per square meter), making it an increasingly popular choice for those working in Lisbon. Costa da Caparica is all about beach life, attracting surfers and sun-seekers, with prices between €3,500 and €5,000 per square meter. While still a weekend destination for many, better infrastructure and remote work trends are drawing more attention for permanent residents.  Cascais is the go-to for luxury living by the sea, with high-end real estate reaching €5,500–10,000 per square meter, while Sintra offers a mix of historic charm and greenery, with prices generally between €3,500 and €6,500 per square meter, depending on the location and type of property.

It's important to bear in mind that these are only average values and that actual prices may vary. For the most up-to-date data on the real estate market, you can consult Idealista's price reports.

Lisbon Center Neighborhoods

Within the city, different neighborhoods offer distinct lifestyles and investment opportunities. Here’s a look at some of the most notable areas:

  • Santos: Right by the river, Santos has become one of Lisbon’s trendiest neighborhoods, especially among creatives, young professionals, and students. It’s known as the city’s unofficial “Design District,” packed with stylish cafés, concept stores, and small ateliers. The architecture is a mix of historic Pombaline buildings and sleek renovations, giving the area a distinct character. If you’re looking for a lively, well-connected neighborhood with plenty of personality, Santos is a great choice. Its proximity to bars, the nightlife around Cais do Sodré, and easy transport links make it particularly attractive for mid-term rentals.
  • Baixa & Chiado: Premium locations with luxury properties, elegant architecture, and lively streets filled with shops, theaters, and cafes. Chiado is particularly sought after, home to upscale boutiques and historic bookstores, while Baixa is Lisbon’s downtown, with grand plazas and a classic European feel. Expect tourist activity year-round, but also excellent rental potential.
  • Alcântara: Nestled between the city center and Belém, Alcântara is a neighborhood in the middle of an exciting transformation. Once an industrial and working-class district, it now features a mix of traditional townhouses, converted warehouses, and new developments. The LX Factory—a former textile plant turned into a hub for restaurants, bars, and creative spaces—has put Alcântara on the map. The location is hard to beat: right by the river, with a train connection to Cascais and quick access to downtown. It’s an interesting option for those looking for a neighborhood with real urban life and strong investment potential.
  • Alfama & Graça: Known for their historic charm, these neighborhoods have some of the oldest buildings in the city, many in need of renovation. The reward? Unmatched authenticity, stunning viewpoints (in Portuguese "miradouros") like Portas do Sol and Santa Luzia, and a deep connection to Lisbon’s Fado culture. Graça, slightly higher up, has a more local feel with cozy cafes and less tourist traffic than Alfama.
  • Parque das Nações: Modern living with parks, river views, and excellent infrastructure. Originally developed for Expo 98, this area attracts companies, professionals, and families looking for a more contemporary lifestyle. Wide pedestrian-friendly streets, the Vasco da Gama shopping mall, and plenty of green spaces make it a unique contrast to Lisbon’s older districts.
  • Campo de Ourique: A quieter neighborhood, ideal for families. It’s centrally located but maintains a calm, village-like atmosphere with traditional pastry shops, small local markets, and excellent schools. Well-connected by public transport, and with quick access to the motorway and the 25 de Abril bridge, it's a great balance between city life and tranquility.
  • Príncipe Real: One of the trendiest residential neighborhoods in Lisbon, offering a mix of historic charm and modern elegance. Around the São Pedro de Alcântara viewpoint and Praça das Flores, you'll find beautiful gardens, boutique stores, and high-end restaurants. It's a favorite for expats, creatives, and those looking for a vibrant but upscale environment.
  • Intendente & Anjos: This multicultural area just north of Martim Moniz has transformed into one of the city's coolest spots. Known for its alternative vibe, it’s packed with vintage shops, affordable restaurants, and artistic spaces. The Praça do Intendente is a lively square with bars and terraces that attract a diverse crowd, making it a dynamic place to live.
  • Marvila: Once an industrial district, Marvila is now Lisbon’s rising creative hub. Former warehouses have been turned into art galleries, coworking spaces, and craft breweries. With its edgy, up-and-coming feel, it’s attracting young professionals and investors looking for the next big thing in Lisbon’s real estate scene.

If you're keen to know more about the best areas to live in Lisbon, check out our full article on the topic.

If you're buying in Lisbon, consider properties in Urban Rehabilitation Areas (ARU). They offer tax benefits on IMT and IMI and help boost urban revitalisation and property value. Check if a property is in an ARU by using the Lisbon City Council Map.

3. Defining Your Goals: Live-in vs. Investment

Before diving into your search, clarify your goals:

  • Primary Residence: Focus on neighborhoods that align with your lifestyle. For example, families might prioritize Campo de Ourique for its schools and parks, while digital nomads may prefer Marvila’s creative vibe along with the growth of tech scenes in Beato and Saldanha.
  • Investment Property: Lisbon’s rental market is thriving, with average yields of 5-7% in central areas and up to 7-8% in emerging zones like Marvila- make buying property in the Portuguese capital one of the top investments opportunities in Europe. Short-term rentals remain lucrative in tourist hotspots like Alfama and Bairro Alto, though stricter regulations now apply.
Pro Tip:Eco-friendly properties are in high demand, with sustainable features (e.g. solid thermal insulation or solar panels) boosting resale value and rental appeal.

4. How to Find the Best Deals

For investors who are not based in Lisbon or lack direct market connections, finding attractive property deals can be challenging. While online listings offer a general market overview, many of the best opportunities remain off-market. Here is an overview of the key channels for sourcing investment properties in Lisbon.

Online Portals

Platforms such as Idealista, Imovirtual, and Casa Sapo provide extensive property listings with filters for location, price, and type. However, competition is high, some listings may be outdated or duplicated.

Off-Market Deals

A significant portion of property transactions in Lisbon occur off-market, facilitated by:

  • Agent Networks – Many properties are sold discreetly, with real estate agents and buyer’s agents having early access to exclusive listings.
  • Local Connections – Investors with strong networks, including agents, lawyers, and contractors, often learn about properties before they are publicly available.
  • Motivated Sellers – Owners facing financial difficulties, inheritance cases, or renovation challenges may seek a quick and discreet sale.

Property Auctions

Government and bank auctions, such as those on e-Leilões, can offer properties substantially below market value. However, buyers should be prepared for legal complexities, renovation requirements, and immediate payment obligations.

Direct-to-Owner Approach

Some investors secure deals by reaching out to owners before properties are listed. This can be done through:

  • Local Networking – Conversations with neighbours, shop owners, or building managers can provide early insights into potential sales.
  • Direct Mail & Personal Outreach – Contacting property owners in targeted areas can uncover off-market opportunities.
  • Property Management Insights – Property managers are often aware of landlords considering a sale due to vacancy issues, maintenance costs, or tax implications.

New Developments

Investing in new-build properties directly from real estate developers can offer modern, low-maintenance options, sometimes at pre-construction prices. However, investors should assess the developer’s track record and account for potential project delays.

Leveraging Local Expertise

For investors unfamiliar with the Lisbon market, working with a trusted local partner can streamline the search process and provide access to off-market deals that may not be available otherwise. Bleisured’s market knowledge and network enable investors to identify well-positioned opportunities discreetly and with a focus on sustainable future returns.

5. Due Diligence

Before committing to a property purchase in Lisbon, conducting thorough due diligence is essential to avoid legal, financial, and structural pitfalls. This ensures that the property is free of legal complications, structurally sound, and a viable investment.

Legal Verification

Ensuring the property has a clear legal status is the first step in due diligence. The following documents should be analyzed:

  • Certidão Permanente (Land Registry Certificate): Confirms ownership, existing mortgages, liens, or other legal encumbrances on the property.
  • Caderneta Predial (Tax Registry Certificate): Details the property’s official description, taxable value, and compliance with tax obligations.
  • Licença de Utilização (Usage License): Verifies whether the property has the correct authorization for residential or commercial use. This is crucial for rental investments. (Note: Properties built before 1951 may not require this license.)
  • Municipal Archive Consultation: Checking the municipal Archive of Lisbon can provide historical records on the property, including past permits, modifications, and potential legal or structural issues. This is particularly useful for older buildings or those with unclear documentation.
  • Ficha Técnica de Habitação (Technical Property File): Required for properties built after 2004, providing technical specifications and construction details.
  • Energy Performance Certificate (Certificado Energético): Required by EU regulations for every sale and rental, this certificate rates the property’s energy efficiency and suggests potential improvements.
  • Condominium Documents (if applicable): Includes meeting minutes, regulations, and financial statements to assess shared responsibilities, ongoing costs, and any major planned renovations or repairs to the building.

Financial & Tax Due Diligence

Before purchasing, ensure the property has no outstanding financial obligations. Key checks include:

  • IMI (Municipal Property Tax) Payments: Confirm all municipal property taxes are up to date.
  • Utility Bills & Condominium Fees: Verify that previous owners have no unpaid water, electricity, gas, or homeowners' association fees.
  • Short-Term Rental License (AL License) (if applicable): In case of rental investment, check if the property has or can obtain an Alojamento Local (AL) license, as restrictions exist in certain zones.

Structural and Technical Inspection

Many properties in Lisbon, especially older ones, may have hidden structural issues. A professional inspection is strongly recommended, covering:

  • Foundation and Structural Integrity: Checking for cracks, subsidence, or weak foundations, particularly in historic buildings.
  • Roof and Waterproofing: Ensuring there are no leaks, missing tiles, or signs of water infiltration.
  • Electrical and Plumbing Systems: Assessing whether wiring and pipes are outdated and require costly renovations.
  • Dampness and Mold: Common in older buildings due to poor ventilation or outdated waterproofing.
  • Windows and Insulation: Verifying thermal and sound insulation, especially for properties in busy areas.

Zoning and Development Plans

Understanding future development in the area is crucial for long-term investment value. Research:

  • Local Master Plan (PDM - Plano Diretor Municipal): Determines zoning regulations, potential developments, and restrictions on property modifications.
  • Historical Preservation Restrictions: Some areas, like Alfama or Bairro Alto, have strict rules on renovations and alterations.
  • Public Infrastructure Projects: New metro lines, roads, or commercial developments may impact the property's value.

Engaging Professionals

To ensure a smooth process, consider hiring:

  • A Real Estate Lawyer: Specializing in Portuguese property law to review contracts and legal documents.
  • A Surveyor/Engineer: Conducts technical inspections to assess structural integrity and renovation costs.
  • A Tax Consultant: Advises on property tax implications, investment structuring, and potential savings.

Thorough due diligence—including verifying documentation and legal status, consulting a legal expert, and conducting a detailed property inspection—is your best safeguard against unforeseen risks.

6. Acquisition Costs

When buying a property in Lisbon, it is crucial to be aware of all costs arising throughout the entire process and the tax obligations that are associated with owning real estate. Consider the following taxes and costs that add to the purchase value of the property itself:

Property Transfer Tax

IMT (“Imposto Municipal sobre as Transmissões”): The rate depends on the property value and type. Higher-value properties may have progressive rates. For example, a property priced at 300,000€ would have a lower IMT rate compared to one priced at 500,000€. Additionally, second homes or investment properties are subject to higher tax rates than primary residences. For properties purchased for one's own permanent residence, those with a price of less than 92,407€ may be exempt from IMT.

A table with the applicable tax rates:

Mainland Portugal - Primary Residence

Property Purchase Price Variable Rate of IMT Tax Deduction
Up to €101,917 0% -
€101,917 – €139,412 2% €2,038.34
€139,412 – €190,086 5% €6,220.70
€190,086 – €316,772 7% €10,022.42
€316,772 – €633,453 8% €13,190.14
€633,453 – €1,102,920 6% -
Above €1,102,920 7.5% -

Mainland Portugal - Secondary Residence or Rental

Property Purchase Price Variable Rate of IMT Tax Deduction
Up to €101,917 1% -
€101,917 – €139,412 2% €1,019.17
€139,412 – €190,086 5% €5,201.53
€190,086 – €316,772 7% €9,003.25
€316,772 – €607,528 8% €12,170.97
€607,528 – €1,102,920 6% -
Above €1,102,920 7.5% -

You can simulate the amount of IMT and Stamp Duty to be paid in the IMT and Stamp Duty Simulator

Stamp Duty

IS ("Imposto de Selo"): A fixed fee of 0.8% of the purchase price, paid at the deed signing. This fee is paid during the deed signing process.The notary or lawyer responsible for the process usually generates the payment guide through the Portal das Finanças (Portuguese Tax Authority).

Under 35? Buying your first home? You could be exempt from key taxe! Starting in August 2024, a new law under the “IRS Jovem” regime brings great news for young buyers. If you're under 35 and purchasing your first permanent home, you’ll be exempt from the Municipal Tax on Property Transfers (IMT) and Stamp Duty (IS), provided the property price does not exceed €316,272. This exemption is allowed for both residents and non-residents. However, non-residents may need to prove their intention to establish permanent residence in Portugal.

Closing Costs

Reserve 7-10% of the purchase price for additional costs, such as legal fees, notary costs, and other administrative expenses. These costs can add up quickly, so it’s essential to account for them when calculating your overall budget.

Let’s now go through the closing costs and better understand each of them:

  • Land Registry Fee: Around 0.5% to 1% of the property value. This is a mandatory cost when purchasing property in Portugal. Having inserted an entry in the local land registry officially records your ownership in the country’s legal system, ensuring the transaction is legally recognized and securing your property rights. This process is carried out by the Institute of Registries and Notaries (IRN).
  • Notary Fees: Typically range from €150 to €300, depending on the complexity of the contract. These are costs associated with the official notarization of the property purchase contract. The notary ensures that the contract is legally valid, authenticates the transaction, and verifies all necessary documents.
  • Real Estate Agent Commission: Generally 5% + VAT (Value-Added Tax) of the sale price.
  • Legal Fees: If hiring a lawyer for professional assistance and profound legal protection, legal services can cost between €1,000 to €2,000 depending on the scope of work. This typically includes reviewing contracts, conducting due diligence on the property, ensuring compliance with local laws, and representing your interests during the purchase process

These costs are additional, typically paid upfront and with your own funds, separate from your mortgage loan, so you’ll need to have extra funds available to cover these additional closing costs, together with the property transfer tax (IMT) and stamp duty (IS).

Municipal Property Tax

IMI (Imposto Municipal sobre Imóveis): An annual tax based on the property’s tax value, which varies by location. Higher rates are typically found in more sought-after areas such as Baixa or Chiado.

For a more detailed overview of rental property taxation, check out our article Rental Property Tax Essentials: What Homeowners Need to Know, where we explain this and other relevant taxes for property owners.

7. Financing: How to Secure a Mortgage in Portugal

How Do Mortgages Work in Portugal?

Financing a property purchase in Portugal differs from other countries in several ways. While it is possible to apply for a mortgage directly through a bank, most buyers—especially non-residents—secure financing through a mortgage broker(financing intermediary). These brokers work with multiple banks to find the most competitive mortgage terms, simplify the application process, and increase the likelihood of approval. Banks in Portugal tend to be conservative in their lending, so using a broker can significantly improve your chances of securing a favorable mortgage.

Mortgages for Residents vs. Non-Residents

Your residency status is one of the most important factors in determining mortgage conditions in Portugal.

  • Residents (those who live in Portugal and pay taxes there) generally have access to higher financing, with some banks offering up to 90% loan-to-value (LTV). This means the bank will finance up to 90% of the property price, and the buyer must cover the remaining 10% as a down payment.
  • Non-residents (those who live and pay taxes outside Portugal) typically receive a lower LTV ratio, with banks financing a maximum of 80% of the property's value. This means non-resident buyers must contribute at least 20% of the purchase price upfront.

LTV refers to the percentage of a property's purchase price that a bank is willing to finance through a mortgage. A lower LTV means a higher down payment is required from the buyer, but it can also lead to better mortgage conditions, such as lower interest rates. Banks assess factors like income stability, tax residency, private equity and existing financial obligations when determining how much they are willing to lend.

Interest Rates: Understanding Variable, Fixed, and Mixed Options

Unlike in some other countries where fixed-rate mortgages are the norm, Portugal’s mortgage market is primarily based on variable and mixed-rate mortgages. This is because variable rates often lead to lower overall costs, particularly when interest rates are stable or decreasing.

  • Variable-rate mortgages are linked to the Euribor (Euro Interbank Offered Rate), which fluctuates based on European Central Bank (ECB) decisions. If the Euribor rises, monthly payments increase, and if it falls, payments decrease. These mortgages typically start with lower interest rates than fixed-rate loans but carry the risk of rate increases over time.
  • Mixed-rate mortgages offer an initial fixed-rate period (e.g., 5-10 years) before switching to a variable rate. This structure provides stability in the short term, which can be beneficial in times of rising interest rates, while still allowing the borrower to potentially benefit from lower variable rates later.

Fixed-rate mortgages are available but are often set at significantly higher rates than variable mortgages, making them a less popular choice.

What Else Should Investors Know About Financing in Portugal?

  • Debt-to-Income Ratio (DTI): Portuguese banks evaluate applicants based on their DTI, meaning your total monthly debt payments—including the new mortgage—should not exceed a certain percentage of your net income. Non-residents may be required to provide additional proof of financial stability.
  • Loan Terms: Mortgages in Portugal typically range from 25 to 40 years, though loan duration may be shorter for older borrowers, as banks generally require the loan to be repaid before the borrower reaches 75 years of age.
  • Early Repayment Penalties: Portuguese mortgages allow early repayment, but banks may charge a fee—especially for fixed-rate loans. The typical penalty is 0.5% for variable-rate loans and 2% for fixed-rate loans on the repaid amount. Compared to many other European countries, these fees are relatively low. For example, in Spain, fixed-rate early repayment penalties can reach 4%, while in Germany, banks often charge a prepayment indemnity (Vorfälligkeitsentschädigung) that can be significantly higher, especially in the early years of the loan.
  • Financing for Renovations: If the property requires renovation, some banks offer additional financing options for refurbishment costs, but this is subject to the bank's valuation of the property and project approval. It is advisable to request a renovation loan at the same time at the property mortgage.

Documents Required for a Mortgage Application

To already prepare for the mortgage application process, it is advisable to prepare the following documents in advance, as banks and brokers will request them for evaluation:

For Residents and Non-Residents:

  • Valid passport or national ID card
  • Portuguese tax identification number (NIF) (required to purchase property)
  • Proof of income:
    • Salaried employees: Last three months' payslips and an employment contract
    • Self-employed individuals: Last two years’ tax returns and proof of income stability
  • Bank statements from the past six months
  • Credit report from your country of residence
  • Proof of current address (e.g., utility bill or bank statement)
  • Property details and promissory contract (CPCV) if already agreed with the seller

Additional documents may be required depending on the bank, loan amount, and personal financial situation. Having these ready in advance can speed up the approval process.

If you're looking for a mortgage simulation or personalized financing options, feel free to reach out. We can connect you with a trusted mortgage broker who will guide you through the process and help secure the best terms for your investment. Get in touch here.

8. The CPCV

In Portugal, the Contrato Promessa de Compra e Venda (CPCV) is arguably the most critical step in the property-buying process—even more important than the final deed (escritura). While the escritura officially transfers ownership, the CPCV is the stage where all key terms are agreed upon and legally binding commitments are made. It protects both buyer and seller, ensuring the deal moves forward under predefined conditions and minimizing risks.

Once the CPCV is signed, the purchase price, payment terms, deadlines, and any conditions (such as mortgage approval) are locked in. This is particularly valuable in Portugal’s competitive real estate market, where property prices can rise significantly between the time an offer is accepted and the final deed is completed.

Why the CPCV Matters

  • Legally Binding Agreement: Unlike in some other countries where transactions remain informal until the final deed, in Portugal, the CPCV ensures that both buyer and seller are legally committed to completing the sale.
  • Security Against Market Changes: By fixing the purchase price and terms, the CPCV protects the buyer from price increases before closing and ensures the seller does not accept a higher offer from another buyer.
  • Clear Terms & Conditions: The contract sets out all financial details and obligations, providing clarity and preventing misunderstandings.

Key Aspects of the CPCV

  • Commitment & Deposit Protection: A deposit—typically 10% of the purchase price—is paid by the buyer upon signing the CPCV.
    • If the buyer withdraws without legal justification, they lose the deposit.
    • If the seller backs out, they must return twice the deposit amount as compensation.
  • Defining the Purchase Terms: The CPCV includes essential details such as:
    • Purchase price and payment schedule
    • Deadline for completion (usually 3–6 months)
    • Any conditions that must be met before finalizing the sale
  • Conditional Clauses (Contingencies): Buyers can add protective clauses to the contract, such as:
    • Mortgage approval – If financing is not secured, the buyer can withdraw without penalty.
    • Structural inspections – Ensuring the property is in good condition and legally compliant.
    • Planning permissions – Important for properties in historic areas like Alfama, where renovation restrictions apply.
  • Exclusivity & Legal Review: Since the CPCV is legally binding, it is crucial to have it reviewed by a real estate lawyer before signing. Unlike the final deed, which mainly formalizes the transfer, the CPCV is where the real negotiations happen and legal protections are established.

Finalizing the Purchase

Once the CPCV is signed, the buyer arranges financing (if applicable) and completes all due diligence. When all conditions are met, the transaction moves to the final step: signing the escritura, which officially transfers ownership. However, by this stage, the most important legal and financial commitments have already been secured through the CPCV.

The CPCV is not common outside Portugal but critical for everyone looking into investing in real estate here. It locks in the price and terms, shielding buyers from market fluctuations—especially in Lisbon’s competitive market, where prices rose 3–7% in 2025. Working with legal and financial professionals is highly recommended to ensure a smooth and secure transaction.

9. The Escritura

After completing the CPCV and fulfilling all agreed-upon conditions, the final step in purchasing a property in Portugal is signing the Escritura Pública de Compra e Venda (Escritura)—the official deed of sale. This is the moment when ownership is legally transferred from the seller to the buyer.

While the CPCV is where the key financial and legal commitments are made, the escritura formalizes the transaction and officially records the new ownership in the national property registry. It is essential to ensure that all financing, legal checks, and due diligence are completed before reaching this stage.

What Happens at the Escritura Signing?

  • Public Notary Oversight: The escritura must be signed in the presence of a public notary, who verifies that all legal requirements have been met.
  • Final Payment & Fund Transfer: The buyer completes the remaining payment (if not already done) and settles any outstanding fees, such as taxes and notary costs. If a mortgage is involved, the bank will transfer the loan amount at this stage.
  • Legal Ownership Transfer: Once signed, the property officially changes hands, and the buyer receives the deed, confirming their legal ownership.

Key Requirements Before the Escritura

Before signing the final deed, buyers must ensure that:

  • All financing is in place – If taking a mortgage, the loan must be approved, and the bank will usually participate in the signing.
  • Taxes and fees are paid – Including the IMT property transfer tax and stamp duty.
  • The property has no legal issues – A lawyer or notary should confirm that there are no outstanding debts, liens, or legal disputes affecting the property.

Next Steps After the Escritura

Once the property is officially yours, there are a few important steps to take:

  • Update utilities – Ensure that water, electricity, internet, and other essential services are transferred to your name.
  • Register with the Portuguese tax authorities – Enroll in Portugal’s Portal das Finanças for property tax filings and compliance.
  • Consider property management services – If you’re purchasing the property as an investment, working with a professional management company like Bleisured can help you maximize your returns. We provide tenant sourcing, property maintenance, and full legal compliance to ensure your investment is well taken care of. Contact us to learn more about how we can assist you in managing your property efficiently!

Final Thoughts

Buying property in Lisbon is an exciting opportunity, whether you're looking for a home, a rental investment, or a long-term asset. While the process can seem complex, having the right knowledge and local expertise makes all the difference. From understanding financing options to navigating legal requirements, careful preparation ensures a smooth purchase and a solid investment. If you're ready to take the next step, we're here to help—whether it’s connecting you with a mortgage broker, guiding you through due diligence, or managing your property after the purchase.

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