LoanNest Editorial
Mortgage Intermediary
⟳Last updated: 4 July 2026
DRAFT PLACEHOLDER
Key topics to cover:
- Step-by-step process from start to deed (detailed flowchart)
- Getting a NIF and bank account before anything else
- Finding a property (agents, portals, direct)
- Due diligence: caderneta predial, certidão predial, licença de utilização
- CPCV: what it contains, deposit amounts, penalty clauses
- Mortgage application process (for financed purchases)
- Engaging a solicitor: what they do, typical fees
- Notary appointment: what happens on the day, who attends
- Post-purchase: utilities, condominium, IMI (municipal property tax)
- Common pitfalls for expat buyers
Frequently Asked Questions
What are the steps to buy property in Portugal?
The typical process is: (1) get a NIF; (2) open a Portuguese bank account; (3) sign a promissory contract (CPCV) with a 10–20% deposit; (4) apply for a mortgage if needed; (5) arrange property survey and legal due diligence; (6) sign the final deed (escritura) at the notary and pay IMT + stamp duty on the day.
What is a CPCV in Portugal?
A CPCV (Contrato Promessa de Compra e Venda) is the promissory purchase contract, signed between buyer and seller before the final deed. It locks in the price and terms and typically requires a 10–20% deposit from the buyer. If the buyer withdraws, they lose the deposit; if the seller withdraws, they must return double the deposit.
Do I need a Portuguese solicitor to buy property?
There is no legal requirement to use a solicitor, but it is strongly recommended. A Portuguese advogado (lawyer) will conduct due diligence on the title, check for debts and encumbrances, review the CPCV, and attend the deed. Their fee is typically 1–1.5% of the property price.
How much are the buying costs in Portugal on top of the property price?
Typically 6–8% of the property price for residents: IMT (0–8% depending on price and use), stamp duty (0.8%), mortgage stamp duty (0.6% if mortgaged), notary fees (≈€1,000–€2,000), and land registry (≈€400–€600). Non-residents from 1 September 2026 pay a flat 7.5% IMT, pushing costs closer to 10%.
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