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When you are planning to buy a property in portugal, this has a similar process with the UK. But, it is essential that you bear in mind that there are other important considerations which you should be aware of. In the article below, it will explain to you the basics in purchasing a property in Portugal:

 

The first tip would be to first get local. For any starters, though it is not necessary to really understand their language, it is important to consider the help of someone who really does. In most cases, that person would be a lawyer or solicitor because there are so many technical Portuguese who will be involved in the purchasing process.

 

For you to buy a Property in Portugal, you need to have a Fiscal number. This could be acquired from the Financas department at their council offices. If you are able to acquire it, you need to provide an address in Portugal. For you to open up a bank account in Portugal, you should have a NIF number and copy of the passport.

 

When you have found a property, you should agree on the price which is mostly through the estate agent. It could in fact be agreed that the property is going to be taken off the market, but this is not always the case because there are so many owners who have been marketed by more than one estate agent.  Check out the Homes for Sale Portugal.

 

You also should appoint a solicitor or lawyer who will act for your behalf. As a general rule, a solicitor is only going to perform the basic functions that are needed in order to get assurance for a legal purchase and a lawyer is going to perform a thorough investigation during the purchase. Due to that reason, it is better to use a lawyer for the work, but you need to anticipate a larger fee compared to the solicitor.

 

Another thing to which you should take note is that you need a topographical survey performed on the land and the structures in order to get assurance that the boundaries will be correct. Before, everyone know where their land starts and ends. The boundaries were actually marked through the use of rocks and trees. However today, land registry will need accurate pictures of the land because they update records with the new purchases. This is important because one of the new neighbors has a claim to a certain part of the land and it is also not unknown for neighbors to own a plot at the middle of a person's land.