Steps of buying a house

Requirements:

• NIF - taxpayer number Portuguese (obtained from any government finance office)
• Passport or Citizen Card
• Bank account (it is advisable to open an account at a bank Portuguese to avoid surprises with frequent changes in the exchange rate)

Documentation required for abroad:

• Passport
• Tax identification number
• Proof of residence (authenticated by the Consulate of Portugal in Brazil)

Documents required for the property:

• Certificate of the Land Registry: is the certificate of content, used to confirm the legitimacy of the owner and the buyer
• Building Book: proving the current fiscal situation of the property (this document must be requested in the Finance service)
• License of Use: serves to say what will be the purpose of the property and should be requested at the local parish council
• Housing Technical Data Sheet: describes all the technical characteristics of the property

Costs to buy a house:

• IMT (Property Transfer Tax) – is usually based on the value of the purchase price.
• Stamp Duty - is set at 0.8% of the purchase price.
• Notary/solicitor fees and land registration fee – usually not more than €600.

For financing to buy a house, in addition to the normal documents mentioned above, the following documents are required:

• Updated income tax
• Copy of the last 6 paychecks
• Bank statement for the last 6 months