🇵🇹 Portugal

Buying Property in Portugal: A Guide for Foreign Buyers

Apartments in Portugal cost from €3,400 to €4,200 per m² across the cities we track. Expect to pay another 7–10% of the price in taxes and fees.

Can foreigners buy property in Portugal?

No restrictions for foreign buyers

There are no restrictions on foreign ownership of residential property in Portugal for EU or non-EU buyers.

Tax ID you'll need: NIF

How to buy, step by step

  1. 1Obtain a NIF and open a Portuguese bank account
  2. 2Lawyer checks the land registry certificate and licences
  3. 3Sign the promissory contract (CPCV) and pay a 10–30% deposit
  4. 4Pay IMT and stamp duty before completion
  5. 5Sign the public deed (escritura) and pay the balance
  6. 6Register the purchase at the Land Registry

What it costs

A 60 m² apartment in Lisbon at the average €4,200/m² costs about €252,000. Purchase taxes and fees add roughly €17,640–€25,200. Full breakdown of Portugal property taxes and costs.

Porto€3,400/m² · gross yield 4.6%Lisbon€4,200/m² · gross yield 5.1%

Mortgages and residency

Approx. 60–70% LTV for non-residents.

Real estate has not qualified for the golden visa since 7 October 2023; fund, research and business routes remain.

Frequently Asked Questions

Can foreigners buy property in Portugal?↓
There are no restrictions on foreign ownership of residential property in Portugal for EU or non-EU buyers.
How much are buying costs in Portugal?↓
Typically 7–10% of the purchase price for a resale apartment, including transfer tax, notary or legal fees and registration.
How much does an apartment cost in Portugal?↓
Average prices range from €3,400/m² to €4,200/m² across 2 cities; in Lisbon a 60 m² apartment costs about €252,000.
Can non-residents get a mortgage in Portugal?↓
Approx. 60–70% LTV for non-residents.
Property prices in Portugal →Apartments for sale in Portugal →Rental yield calculator →

Last reviewed 2026-10. General information, not tax or legal advice: rates change and often depend on region and buyer status, so confirm with a local notary, lawyer or tax adviser. Sources: idealista: Non-residents pay more IMT (Aug 2026), idealista: Having lived in Portugal can avoid the 7.5% IMT (Sep 2026).