To help give you confidence that you’re covering all the necessary steps when buying property in Portugal, we have put together the following straightforward checklist of the key things you need to consider.
| To do | Completed |
1 | Decide what you are buying, where and why. If necessary take advice on this. |
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2 | Instruct us as your independent lawyer. |
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3 | Look at the cost of buying. Fix a budget. Stick to it. |
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4 | Investigate finance and think about how to finance deposit. |
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5 | Learn about the process of buying |
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6 | Look at who should own the property |
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7 | View properties / choose a property. Be honest with the estate agent about what you are looking for – that will save a lot of time for you and them. |
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8 | Survey and valuation |
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9 | Send any contract to us to check prior to signature |
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10 | Speak to currency dealer about getting the best rate for your purchase |
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11 | If it is a reservation contract pay a small reservation fee |
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12 | Lawyer carries out checks on the property and advises you on whether it is safe to proceed with the full purchase contract |
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13 | Payment of Full purchase deposit |
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14 | Lawyer deals with purchase |
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15 | If you are moving to Portugal arrange removal company |
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16 | Arrange NIF |
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17 | Arrange Power of Attorney if needed |
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18 | Arrange insurance – contents / buildings / health |
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19 | Signature of title deeds and registration at the Land registry |
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20 | Make a Portuguese Will and review your English Will |
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21 | Arrange for Fiscal representation |
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22 | Enjoy a well deserved holiday in your new property |
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Need help buying property in Portugal?
Our UK-based team of property lawyers are highly experienced in helping clients to buy and sell property in Portugal, as well as handling a whole range of related issues, such as advice on Wills and inheritance.
With a thorough understanding of both UK and Portuguese law, we can provide clear, reliable legal guidance in plain English, giving you the confidence to deal effectively with property in Portugal.
Call: 01438 840 258 Email: admin@judicaregroup.com