CLEAR, PRACTICAL ADVICE FOR BUYING PROPERTY IN PORTUGAL
Buying & Admin Guides for Property in the Margem Sul
Thinking of buying a home in Portugal’s South Bank? Whether you’re just starting to explore or already deep into your property search, this page is here to guide you through the key steps of the buying process.
From understanding legal requirements to handling paperwork and taxes, we’ve created these guides to help you move forward with confidence, clarity, and peace of mind.
Explore Our Property Buying & Admin Guides
Our step-by-step guides cover the essential topics every buyer should know — from legal requirements and taxes to practical admin and common mistakes to avoid.Browse below to get the clarity and confidence you need to move forward.
Property Buying Questions – What You Need to Know
Buying property in Portugal can raise a lot of questions. We've answered some of the key things you need to know — from legal basics to the steps involved in the process.
Can I buy a property from abroad or without being in Portugal?
Yes — we have clients who have bought remotely. With a power of attorney, we can handle viewings, document signing, and even final deed completion on your behalf. We’ll keep you informed at every step and make sure the process is smooth, safe and transparent.
Do I need a lawyer or can I rely on an estate agent?
While agents facilitate property access, a qualified lawyer is essential to protect your interests. Your lawyer will conduct due diligence, verify ownership, check debts, and ensure contracts are fair. This is especially important for non-residents unfamiliar with the system.
What are the main costs involved in buying?
In addition to the purchase price, you’ll need to budget around 6–8% for fees and taxes. This includes the property transfer tax (IMT), stamp duty, notary and registration fees, and legal costs. Mortgage-related fees may also apply if financing is involved.
How long does it take to buy a property in the Margem Sul?
Typically, 6 to 10 weeks from accepted offer to final deed. This can vary depending on the property’s legal situation and how quickly paperwork is prepared. With good legal support, the process is clear and relatively efficient.
What documents do I need to start the buying process?
The most important first step is getting a Portuguese tax number (NIF), which you’ll need to sign any legal documents. You’ll also need valid ID and, if you're using a mortgage or buying remotely, a Portuguese bank account and possibly a power of attorney.
Can foreigners or expats buy property in Portugal?
Yes — there are no restrictions on foreign ownership. Whether you’re an EU or non-EU citizen, you can buy property in Portugal as a resident or non-resident. The process is well-established, and with the right support, it’s safe and straightforward.
Address
Rua da Liberdade 123
Seixal, 2840-123
Contact
01234 567890
info@southbank.pt
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