How much does a house cost in Portugal?

In Central Portugal you can find properties from €30,000 (ruins) to €150,000+ (move-in ready). Algarve and Lisbon are 2-3x more expensive.

Yes, a NIF is mandatory for any property transaction in Portugal.

Yes, with a power of attorney. But we always recommend visiting in person.

What are the additional costs?

Expect 7-10% on top of the purchase price: IMT, stamp duty, notary fees and registration.

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Buying a House in Portugal — Everything You Need to Know

Portugal is a popular destination for expats looking to buy property abroad. Lower house prices, mild climate and relaxed lifestyle attract more buyers every year.

But buying a house in Portugal is not the same as in your home country. The system works differently, the rules are different, and there are pitfalls.

On this page we explain step by step how the purchase process works.

Step-by-step

1
Apply for NIF
Without a NIF (tax number) you cannot buy property. This is step 1.
2
Open Bank Account
You need a Portuguese bank account for the transaction.
3
Search & View Properties
Search online or via an agent. Always visit in person.
4
Get Property Inspection
Get an independent inspection before making an offer. GerardusKoetje offers this from €49.
5
Offer & Preliminary Contract
After acceptance you sign the CPCV at the notary.