Can foreign nationals take out mortgage loans in Lisbon?

Yes, non-residents can be issued a mortgage loan to buy property in Lisbon. Special terms of mortgage lending for non-residents — the loan term up to 75 years of age for the eldest borrower and a down payment of 40–50%. The mortgage rate is a floating one, of 3% for residential properties and 5% for the commercial ones.

How does the property purchasing process take place in Lisbon?

Before the purchase, it is necessary to hire a lawyer who would help you get the paperwork done. Having chosen the property, you need to open a local bank account and receive a tax identification number. 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.

What property taxes are there in Portugal?

Property buyers pay a stamp duty (Imposto do Selo, IS) — 0,8% and a title deed transfer tax (Imposto Municipal sobre Transmissões, IMT) — 6,0 – 6,5%. After the purchase, an annual real estate tax (Imposto Municipal sobre os Imóveis, IMI) ranging from 0.3 to 0.8% across property types and municipalities, has to be paid. These three taxes — are everything that is paid by property owners. 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).

How expensive are the utilities in Lisbon?

The utility costs vary across locations. For example, an average bill for an 50–60 m² apartment totals about € 100-130 per month.

Can Portuguese residency be obtained through buying real estate?

Yes, there is a residency by investment or Golden Visa programme in Portugal. Those buying newly or relatively recently built properties for at least € 500,000 and properties built over 30 years ago for at least € 350,000 become eligible for residency.

How can a property buyer obtain Portuguese citizenship?

It is possible to apply for permanent residency after five years of residence in the country. After six years of residence it is possible to apply for citizenship. But these procedures are not interrelated. Holding a temporary residence or permanent residence permit does not lead to obtaining citizenship. Only following the rules of stay in the country (over 183 days per year for six years) can give hope for obtaining Portuguese citizenship.

Can foreign nationals lease real estate in Portugal?

Yes, of course. The owner's right to administer their property is not limited in any way.

What types of Portuguese property are better to invest in for rental purposes?

The most suitable for rental purposes are the flats and apartments located in the resort areas, such as the Algarve, Faro, Lagos, on the entire southern coast and the capital of the country, Lisbon.

Why do I need to own real estate in Portugal?

The Portuguese property market is one of the European real estate markets that have been growing most actively over the past few years. Therefore, real estate investments are very profitable in the country.

Property for sale in Lisbon: 1,271 offers - apartments and houses other real estate for sale in Lisbon

Comfortable two-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal for 405,000 €

Comfortable two-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal

405,000 €

Total area 69 m²2 bedrooms2 bathrooms

69 m², 2 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

405,000 € 5,869 € per m²

Modern four-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal for 1,275,000 €

Modern four-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal

1,275,000 €

Total area 294 m²4 bedrooms2 bathrooms

294 m², 4 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

1,275,000 € 4,336 € per m²

Golden Visa

Two comfortable apartments in one building in the city center with a yield of 5,3%, Agios Nikolaos subway station, Athens, Greece

250,000 €

Total area: 152 m² 5 bedrooms 2 bathrooms

Comfortable two-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal for 430,000 €

Comfortable two-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal

430,000 €

Total area 82 m²2 bedrooms2 bathrooms

82 m², 2 bedrooms, apartment

Lisbon, Portugal

430,000 € 5,243 € per m²

Modern three-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal

595,000 €

Total area 183 m²3 bedrooms2 bathrooms

183 m², 3 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

595,000 € 3,251 € per m²

Two spacious plots of land for real estate building, near the golf club, Sintra, Lisbon, Portugal for 1,500,000 €

Two spacious plots of land for real estate building, near the golf club, Sintra, Lisbon, Portugal

1,500,000 €

Land area: 11,100 m²

11,100 m², development land

Sintra, Lisbon, Portugal

1,500,000 €

Modern one-bedroom apartment with a terrace in a cosy residence, Lisbon, Portugal

440,000 €

Total area 67 m²1 bedroom1 bathroom

67 m², 1 bedroom, apartment

Lisbon (city), Lisbon, Portugal

440,000 € 6,567 € per m²

Bright duplex-apartment with two bedrooms and a terrace in a cosy residence, Lisbon, Portugal for 375,000 €

Bright duplex-apartment with two bedrooms and a terrace in a cosy residence, Lisbon, Portugal

375,000 €

Total area 76 m²2 bedrooms2 bathrooms

76 m², 2 bedrooms, apartment

Lisbon, Portugal

375,000 € 4,934 € per m²

Luxury property

Studio-apartment with a river-view in a new residential complex with a panoramic roof-top swimming pool, Lisbon, Portugal

260,000 €

Total area 55 m²1 bathroom

55 m², new home

Lisbon (city), Lisbon, Portugal

260,000 € 4,727 € per m²

Two-bedroom apartment with a parking place in a palatial architecture building in the city center, Lisbon, Portugal for 690,000 €

Two-bedroom apartment with a parking place in a palatial architecture building in the city center, Lisbon, Portugal

690,000 €

Total area 135 m²2 bedrooms

135 m², 2 bedrooms, apartment

Lisbon, Portugal

2 floor of 5

690,000 € 5,111 € per m²

Modern three-bedroom apartment with a balcony, in a new condominium with a swimming pool, near the sea, Oeyras, Lisbon, Portugal for 525,000 €

Modern three-bedroom apartment with a balcony, in a new condominium with a swimming pool, near the sea, Oeyras, Lisbon, Portugal

525,000 €

Total area 200 m²3 bedrooms3 bathrooms

200 m², 3 bedrooms, condo

Oeiras, Lisbon, Portugal

525,000 € 2,625 € per m²

Furnished two-bedroom apartment with a balcony, in a modern residential complex, Lisbon, Portugal. Guaranteed rental income! for 644,000 €

Furnished

Furnished two-bedroom apartment with a balcony, in a modern residential complex, Lisbon, Portugal. Guaranteed rental income!

644,000 €

Total area 86 m²2 bedrooms2 bathrooms

86 m², 2 bedrooms, apartment

Avenida da Liberdade, Lisbon, Portugal

644,000 € 7,488 € per m²

One-bedroom apartment in a new residential complex, Lisbon, Portugal for 290,000 €

One-bedroom apartment in a new residential complex, Lisbon, Portugal

290,000 €

Total area 44 m²1 bedroom1 bathroomYield 4.0 %

44 m², 1 bedroom, buy-to-let apartment

Lisbon (city), Lisbon, Portugal

290,000 € 6,590 € per m²

Apartment in a new residential complex, Lisbon, Portugal for 205,000 €

Apartment in a new residential complex, Lisbon, Portugal

205,000 €

Total area 32 m²1 bathroomYield 4.0 %

32 m², buy-to-let apartment

Lisbon (city), Lisbon, Portugal

205,000 € 6,406 € per m²

Modern residence with sea views in Cascais, Lisbon, Portugal for 1,300,000 €

Modern residence with sea views in Cascais, Lisbon, Portugal

1,300,000 €

Total area 360 m²Land area: 3,300 m²3 bedrooms4 bathrooms

360 m², 3 bedrooms, villa + plot 3,300 m²

Cascais, Lisbon, Portugal

1,300,000 €

Four-room apartment in a new complex with a swimming pool, Estoril, Lisbon, Portugal for 865,000 €

Four-room apartment in a new complex with a swimming pool, Estoril, Lisbon, Portugal

865,000 €

Total area 130 m²Land area: 150 m²3 bedrooms3 bathrooms

130 m², 3 bedrooms, new home

Estoril, Lisbon, Portugal

865,000 € 6,653 € per m²

Three-storey villa with a pool in Cascais, Lisbon, Portugal for 1,490,000 €

Three-storey villa with a pool in Cascais, Lisbon, Portugal

1,490,000 €

Total area 480 m²Land area: 914 m²5 bedrooms4 bathrooms

480 m², 5 bedrooms, villa + plot 914 m²

Cascais, Lisbon, Portugal

1,490,000 €

Designer three-level villa with a pool in Alcabideche, Lisbon, Portugal for 7,450,000 €

Designer three-level villa with a pool in Alcabideche, Lisbon, Portugal

7,450,000 €

Total area 560 m²Land area: 3,800 m²7 bedrooms8 bathrooms

560 m², 7 bedrooms, villa + plot 3,800 m²

Alcabideche, Lisbon, Portugal

7,450,000 €

Rustic stone house with a pool, Alcabideche, Lisbon, Portugal

975,000 €

Total area 280 m²Land area: 420 m²4 bedrooms5 bathrooms

280 m², 4 bedrooms, villa + plot 420 m²

Alcabideche, Lisbon, Portugal

975,000 €

Four-room new apartment in a complex with a swimming pool, Estoril, Lisbon, Portugal for 835,000 €

Four-room new apartment in a complex with a swimming pool, Estoril, Lisbon, Portugal

835,000 €

Total area 130 m²Land area: 150 m²3 bedrooms3 bathrooms

130 m², 3 bedrooms, new home

Estoril, Lisbon, Portugal

835,000 € 6,423 € per m²

Two-storey villa with sea views in Cascais, Lisbon, Portugal for 1,235,000 €

Two-storey villa with sea views in Cascais, Lisbon, Portugal

1,235,000 €

Total area 300 m²Land area: 350 m²5 bedrooms5 bathrooms

300 m², 5 bedrooms, villa + plot 350 m²

Cascais, Lisbon, Portugal

1,235,000 €

Apartment – Lisbon (city), Lisbon, Portugal for 1,600,000 €

With swimming pool

Apartment – Lisbon (city), Lisbon, Portugal

1,600,000 €

Total area 265 m²Land area: 301 m²4 bedrooms4 bathrooms

265 m², 4 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

1,600,000 € 6,037 € per m²

With swimming pool

Apartment – Lisbon (city), Lisbon, Portugal

1,800,000 €

Total area 268 m²Land area: 298 m²4 bedrooms4 bathrooms

268 m², 4 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

1,800,000 € 6,716 € per m²

Three-bedroom apartment with a sea view, Estoril, Lisbon, Portugal for 640,000 €

Sea view

Three-bedroom apartment with a sea view, Estoril, Lisbon, Portugal

640,000 €

Total area 140 m²3 bedrooms2 bathrooms

140 m², 3 bedrooms, apartment

Estoril, Lisbon, Portugal

6 floor

640,000 € 4,571 € per m²

Oceanfront penthouse with fantastic views, Lisbon, Portugal for 1,850,000 €

Sea view

Oceanfront penthouse with fantastic views, Lisbon, Portugal

1,850,000 €

Total area 281 m²3 bedrooms4 bathrooms

281 m², 3 bedrooms, apartment

Lisbon (city), Lisbon, Portugal

1,850,000 € 6,583 € per m²

Villa – Estoril, Lisbon, Portugal for 8,200,000 €

Villa – Estoril, Lisbon, Portugal

8,200,000 €

Total area 671 m²Land area: 6,366 m²9 bedrooms7 bathrooms

671 m², 9 bedrooms, villa + plot 6,366 m²

Estoril, Lisbon, Portugal

8,200,000 €

Property for sale in Lisbon

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Lisbon Real Estate: Review of property Prices