Property for sale in Lisbon
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- Lisbon, Portugal
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- Property prices in Portugal — from 900 to 3,600 EUR/m²
- Buying property and document registration in 2-4 months
- Mortgage in Portugal from 2.5% per annum for up to 30 years
- Property taxes in Portugal from 6.8% to 7.3% on purchases
- Property maintenance in Portugal — from 2,000 EUR per annum
- Residence permit in Portugal with property purchase from 280,000 EUR
- Portuguese Golden visa programme allows return on investment
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Property in Lisbon: 5 reasons to invest
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First, a preliminary sales agreement is signed, a deposit equalling to 10–30% of the property value is placed, and the municipal taxes are paid. The deposit is non-refundable if the buyer decides not to purchase. All agreements ought to be notarised.
Between signing the preliminary and main sales agreements, the lawyer completes the property Due Diligence and checks the availability of all the documents for the property. When signing the main agreement, the remaining transaction amount is paid, after which the property can be registered with the land registry office and a title deed can be obtained.
When selling real estate, non-resident owners pay the capital gain tax, chargeable from the difference between the purchase price and the sales price at a rate of 28%.
The inheritance and gift taxes are not levied from spouses, children, parents and grandchildren, the other categories pay them at a rate of 10% (which is considered low).
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Lisbon Real Estate: Review of property Prices
Property in Lisbon is one of the best investment solutions. Among the advantages of the city are its rich cultural heritage, developed economy, opportunities for beach holidays, better property prices and cheaper real estate than in other European capitals. In the ranking of cities in terms of living standards, Lisbon takes 41 place in the world.
Property on the outskirts of Lisbon costs about 1 000 Euro / m2, in the center - an average of 2-3 thousand Euro / m2, the cost of elite properties is offered 6 000 Euro / m2. The most expensive apartments at a price of 5-6 thousand / m2 are sold in Chiado (Chiado) and Lapa (Lapa).
Tranio offers over 1000 lots of property for sale in Lisbon.