Buying Property in Lisbon: What Foreign Buyers Can Expect to Pay

Curious about buying property in Lisbon? Discover what foreign buyers can expect to pay and learn if can foreigners buy property in Lisbon on our blog.

Send Money
Buying Property in Lisbon: What Foreign Buyers Can Expect to Pay

Curious about buying property in Lisbon? Discover what foreign buyers can expect to pay and learn if can foreigners buy property in Lisbon on our blog.

Send Money

Key Highlights

  • Foreign buyers can take part in Lisbon’s property market. There are no limits based on what nationality you have.

  • To buy property, you will need a NIF, a Portuguese bank account, and to show where your money comes from.

  • Real estate prices in Lisbon stay high. This is seen most in the center, where there are not many homes for sale.

  • When you make a property purchase, you will pay taxes and closing costs. These include IMT, stamp duty, IMI, notary fees, and legal fees.

  • Now, buying real estate does not get you the golden visa any more.

  • High rental demand goes on. This helps people keep wanting to get into long-term real estate in the city.

Introduction

Are you thinking about a property purchase in Lisbon? You are not the only one. Many people want to get a place there for the lifestyle, steady demand, and chances for a good real estate investment. But prices are not low. The process also means you have to deal with taxes, some paperwork, and some new rules for 2026. If you want to know what foreign buyers can expect to pay, this guide will explain Lisbon costs, different neighborhoods, legal steps, and what the real estate market looks like in a clear way.

Understanding the Lisbon Property Market for Foreign Buyers

The Portuguese property market is open to people from other countries, and foreigners can buy real estate in Lisbon, Portugal. There are no rules that stop anyone from buying just because of their country. This keeps foreign investment strong in different parts of the city.

But real estate in Lisbon costs more than in most of the country. Property value in the city center stays high because there are not enough homes and a lot of people still want to buy. Property buyers should also think about the taxes, like capital gains tax, that will come in when they plan to sell later.

Overview of Buying Property in Lisbon as a Foreigner

Yes, people from other countries can buy property in Lisbon. The law in Portugal says that foreign ownership is allowed. You do not face barriers because of your background if you want to buy a home, get a long-term rental, or own something you can sell later.

But the purchase process takes work. It is not good to do it all by yourself. You should get a local lawyer and a real estate agent who has a license. They help you check contracts, do due diligence, and step through each part of the deal. That is important because buying property from outside Portugal can be slow without help.

What do you need? In most cases, you need a Portuguese tax number. You will also need a bank account in a local bank, proof that you have money, and have to show where your money comes from. In Lisbon, things can move fast, mainly in areas in the city center. If you start with all your paperwork ready, you will be in a better spot when you look for homes.

Lisbon’s property market has stayed pricey into 2025, and the city began 2026 with prices still high. Most people now say that the average price in the city is around €6,000 for each square meter. If you look at the best new or fixed-up homes, they usually cost even more.

In recent years, the real estate market in Lisbon grew because of strong tourism, still-high demand from people outside Portugal, and not enough homes in the center. The growth now is not as sharp as it was in the past, but the market is still holding up. This is important to know if you want to get capital gains long-term and are not just looking for a quick deal.

So, is it good to buy real estate in Lisbon as a foreigner now? It could be, if you accept this fact: you will pay higher prices up front, and the money you get in return is not as high as in some smaller cities. But the demand for real estate in both the selling and rental markets is still there.

Why Lisbon Attracts International Property Buyers

Lisbon keeps bringing in buyers from other countries. This happens because the city offers a great way of life and has a strong rental market. Remote workers, lots of students, and many travelers help keep the need for housing high. This is good for people looking to buy and sell homes and those thinking about the long-term rental market.

Many property investors like the city for both simple and personal reasons. You have a European capital that many people from around the world want to visit or live in. The city gets steady visits from tourists. Plus, there are different areas that are good for all kinds of people wanting to rent there. This combination can help you come up with a clear plan when you want to buy a place.

  • The city is known for its strong quality of life and many reasons people want to move here.

  • The rental market gets support from people on vacation, students, and digital nomad working in Lisbon.

  • The investment potential is still high because there are not a lot of places to buy in the best locations.

If you want to know the main things to do, start with getting a NIF, opening a bank account, deciding how much money you can spend, and finding a lawyer before you try to buy.

Who Can Buy Property in Lisbon?

Portugal allows people from other countries to buy property in Lisbon. There are no limits based on where you come from. This makes it easy for people to get into the Lisbon real estate investment market.

But there are still some things you have to do. If you are not from Portugal, you need to get a NIF, which is a type of tax number. You need to open a Portuguese bank account. You have to show proof of funds, and you need to show where your money comes from. Most people also have to make a big down payment when they want a loan for the property purchase. These rules are important, and you will find out more about the legal steps later.

Foreign buyers can buy and own property in Lisbon. Portuguese law does not have rules that stop people from other countries from getting into the real estate market. The answer is clear—yes, you can buy property in Lisbon, Portugal if you are not from there.

Still, it is important to follow the law during the process. Buyers need to check the property’s status, see if there are any debts on it, and make sure what is in the contract matches what is for sale. This is why it helps to have a Portuguese lawyer.

For many people from other countries, the main point is easy to understand. The law says you can buy, but you need to finish all the paperwork the right way. Doing this protects your money, helps you lower risk you don’t need, and makes sure there are no hidden problems with the real estate you buy—so you can use it, get a loan, or sell it later without trouble.

Requirements and Restrictions for Non-Residents

Non-residents will see no ban on foreign ownership, but they do have to follow some steps. If you plan to start a property purchase in Lisbon, be ready for paperwork. There will also be checks on your identity and your funds by the bank before any money moves. This should not worry you. This is normal and not something to be afraid of.

Often, you need to be ready early. When you look at real estate in Lisbon, things can happen fast. Good listings can get many bids at once. If you hire a real estate agent and a lawyer, it helps you move quickly, and you get good due diligence for your peace of mind.

  • You need to get a NIF, which is your Portuguese tax number.

  • You must have a local bank account for making payments.

  • The bank may ask you for about 20% down if you are not from the country, or sometimes more.

So, do you face special needs? Yes, but these needs deal with documents, not your nationality. You can handle them if you get started before you make a move on any property purchase.

Differences Between EU and Non-EU Buyers

The purchase process in Lisbon works in much the same way for EU buyers and for non-EU buyers. This is because Portugal does not have rules that stop people from buying based on their country. Both groups can buy homes, sign papers, and own property under the same laws.

The main differences come up when it comes to paperwork. Americans, Australians, and other non-EU buyers still need to follow the same legal requirements. But, banks and people helping with the process may look more closely at where your money comes from, how you get your bank loan, and getting all the right papers ready if you are doing things from outside the country.

If you want to know what the biggest difference is, it is usually in the steps you have to take, not the law. People from outside the EU may have to plan more for banks, dealing with forms while they are not there, and setting up home loans. EU citizens often find the whole set up easier, but everyone goes through the same basic steps and will still need good legal help for the purchase process.

When you start your property search in Lisbon, you should think about the kind of tenant, lifestyle, or your plan for selling later. In the property market, where you choose to buy makes a big difference. It can change your property value, rental income, and how fast someone gets interested in your place.

Many foreign buyers look for homes in the city center, in well-known neighborhoods, or in some new parts of town where demand is changing. Some areas are good for young professionals. Others are better for families. There are also places that attract long-term investors. The next sections will talk about the places you are most likely to hear about.

Central Lisbon: Baixa, Chiado, and Avenida da Liberdade

Central Lisbon is still the top choice for many people who buy homes from outside the country. Baixa, Chiado, and Avenida da Liberdade are picked a lot because you can walk everywhere. They also have good things nearby and stand out as special parts of the city. If you want true city living, you will see these areas at the top of most lists.

Chiado is one of the most pricey places in the city. At the start of 2025, the average asking price here will be about €7,725 for one square meter. Streets close to the center are popular for those who want to be near shops, places to eat, and business areas. The strong demand for this makes the property value steady over time, even when you do not get the highest returns in Lisbon.

There is more to this part of the city than just money. Central Lisbon gives you a good quality of life, especially for those who want culture, want things close by, or want an address that is well-known. If you also think about Bairro Alto, it is good to know that the way each street feels can be quite different in this area.

Trendy Districts: Príncipe Real, Bairro Alto, and Santos

If you want to find a place to live that is lively and easy to see, you might look at Príncipe Real, Bairro Alto, and Santos. In the Lisbon real estate market, these areas get a lot of interest from people who want to live in the center or are looking for homes with good investment potential. These are well-known spots in the city.

Let’s look at Bairro Alto. This is one clear example when it comes to recent market numbers. At the start of 2025, it cost about €6,758 for each square meter if you wanted to buy there, and the rental yield stayed close to 3% or a bit more. In this area, it can be better to go for long-term rentals, not just quick short-term options.

  • Príncipe Real makes it into most premium property search lists and gets buyers who care about quality of life.

  • Bairro Alto is known for being central, and gets lots of rental interest.

  • Santos is usually seen as a trendy spot, and is put in with other hot central areas in a property search.

Which neighborhoods get the most interest from foreign property buyers? These spots above come up again and again, but you need to do street-level due diligence. That is key because prices and rental yield can change fast in the real estate market.

Family-Friendly Areas: Parque das Nações and Avenidas Novas

Some people want a new home that is useful first and nice-looking second. For these buyers, the property search often includes family-friendly places like Parque das Nações and Avenidas Novas. These areas have a different feel than the historic part of the city.

Avenidas Novas can help you understand property prices. Recent numbers from new home listings show there is a wide range. You can find places at about €4,371 for each square meter in one building, or pay over €7,000 for each square meter in some bigger, fixed-up apartments. This shows that prices change a lot in this area. It depends on how big the home is, what shape it is in, and where, exactly, it is.

This can be good news for families. It means you may get a newer place, a bigger home, or find some good deals that are not in the crowded, visitor-heavy part of town. If you are thinking about Avenidas Novas for your property search, look at the age of the building, how easy it is to get around, and all costs together. This will help you find what is right for you for the long run.

Up-and-Coming Locations: Marvila and Beato

Not every buyer is looking for an address that is fully set up. Some people want places that are getting better, where property investment can give a different price or a chance for higher gains over time compared to the main streets everyone knows. Marvila and Beato are two places that many people talk about in the Lisbon property market.

The smart way to look at it is with care, not by guessing. In areas that are still changing, rental income really depends on where the building is, what shape it is in, and if the place is good for either people living there or for commercial real estate use. You should not just count on what the district is called.

If you like these areas, you should pay attention to what is for sale right now, how people can move to and from the area, new shops or homes being built close by, and if people will want to live there for a long time. Just because an area is up-and-coming does not always mean it is lower in price, and it does not always mean you will get better returns. It shows that your due diligence in real estate matters a lot before you put your money in.

Beginner’s Guide to Buying Property in Lisbon

The process to buy property in Lisbon is easy to follow when you know what to do first. Start by getting all the needed documents. You should also set your budget at this time. Next, look for a real estate agent who works with buyers from other countries.

Once you do that, the purchase process goes through some steps. First come the viewings. Then, you make offers, reserve the home, and sign contracts. At each stage, you need to do proper due diligence, handle your financing, and make sure of legal compliance before the final signing with a notary. Every step is important for your real estate deal. If you want to know what steps to do and in what order, the guide below will help you go through each one.

What You’ll Need to Get Started (Documents, NIF, Financing)

Before you start to make offers on property, you need to get some basics ready. The first thing to do is get a Portuguese tax identification number, often called a NIF. You will need this for the purchase process. Without it, doing tax or money steps is hard.

You will also need a Portuguese bank account. Most payments, deposits, and final funds be handled through a Portuguese bank account. Your bank will likely want proof of where your money comes from. Getting this together early is a good idea. It saves time when you find the property you want.

You also need to talk about how you will pay for the home before you go to see any. If you do not live in Portugal, banks often ask for at least 20% of the price as a down payment. Sometimes, they want even more. Have your documents ready. This means ID, your address, and your money records. This way, your lawyer, the bank, and your agent can move fast if needed.

Step-by-Step Guide to the Purchase Process

Buying a property in Lisbon usually goes through a clear process, which is a good thing if you are buying from outside the country. You start by getting ready. After that, you search for homes, visit them, make an offer, and then move to reserving the property. Then, you and the seller sign the promissory contract before the last step.

A real estate agent can help you find homes and set up visits. They can also help with your needs and questions. You will also need a lawyer. Your lawyer goes over all the paperwork and keeps you safe during talks. This support means a lot because the real estate market in Lisbon can go fast. Good homes, especially in the center, may get bids from more than one person at the same time.

When the seller says yes, you move to the next steps. These are making a reservation, looking over the contract, and legal checks. After that, you get your financing in order. Then, you pay all taxes and fees. Last, you will sign the final deed with a notary. If you go through each step one by one, your property purchase is easier, and you feel less stress.

Step 1: Research Neighborhoods and Set a Budget

Start your property search with clear goals, not just how you feel about a place. Lisbon has many districts, and each area fits a different need. You need to know if you want to get rental income, use the place for yourself, or sell it later. The answer will help you pick the right neighborhood and property type.

After that, look into the property value in each area. Places in the center, like Chiado, have higher prices compared to other neighborhoods. Areas for families, older parts of the city, and busier central streets all behave in their own way in the market. So, it is important to check the price for each square meter before you get too serious about any property.

Next, set a full budget. Do not just think about the purchase price. Add extra costs like taxes, legal fees, any repairs you might need, and what you might need for financing. This will show you a real price limit and help you stay away from homes that look good online but do not fit your investment potential or what you can afford in the long run.

Step 2: Find an English-Speaking Real Estate Agent

When you know your budget, start looking for the right real estate agent. If you are one of the property buyers from another country, it helps a lot to have an agent who speaks English. This person will explain local ways of doing things, help with your questions, and speed things up when you want to talk over a deal.

In Lisbon, there are many choices for real estate. You can work with local offices or bigger, world-wide brands with a strong Portugal group. If you need to see listings, property portals such as Idealista and OLX are useful. But a real estate agent will often give you better details about value and other people interested. They can also help you know if a listing is worth your time and money.

Don’t just pick someone because they seem friendly. You should ask them how often they work with people from outside the country. Find out how they show homes and if they will help you talk to banks and lawyers. When the market moves fast, being able to talk clearly with your agent is as important as how many homes they can show you.

Step 3: View Properties and Make an Offer

Now comes the part that most property buyers like the most: the viewings. The property market in Lisbon can move fast, mainly in central parts of the city. Many nice homes in these areas may get more than one offer. You need to go with a checklist and not just follow your feelings.

When you see a place that fits what you want, you have to think about the right purchase price next. You need to ask if what they are asking to pay is fair. Does it fit with the home’s condition, where it is, and the value of other homes in that part of town? If the home meets your needs, you should be ready to decide fast and not waste any time.

  • Confirm how the property looks, what its layout is, and if you can see any work that needs to be done.

  • Ask about what will take place after your offer goes through and how the promissory contract works.

A good offer is not just about how much you will pay. You also need to show you are ready, can prove you have money, and can move to the next legal step right away. This way, you will not hold up the seller.

Step 4: Reserve the Property and Sign the Promissory Contract

After a buyer agrees to an offer, they usually hold the property and start work on the promissory contract. This is a key step in the property purchase process. It helps everyone record what they both agree on before signing the final deed.

You should not feel like you have to go fast just because the market is busy. Only sign the promissory contract after all basic legal requirements are clear, and your lawyer looks at all the right papers. Good due diligence at this step will help you avoid simple mistakes.

See this part of the property purchase as commitment with some care. You are making a move from just being interested to making it official, but you still need good paperwork, agreed terms, and enough time for money and closing the deal. If a problem comes up, it is best to fix it now instead of after more money gets used or the deal goes on.

Before you close on a home, you need to finalize every legal and money item. Your lawyer should finish due diligence. He or she should check the property record and make sure there are no hidden issues that could hurt you when you own or sell the place. This is an important step. Don’t skip anything here.

At the same time, be sure your bank account is set up for money transfers. You also need your loan fully approved if you are borrowing. Portuguese banks may ask for more documents, sometimes at the last minute, mostly if you do not live in Portugal. So, keep the paperwork together and easy to reach.

Legal compliance and money issues should both be ready before closing the deal, not after. If one thing is late, everything can get stressful fast. If you do this part well, it will be much easier to move on to taxes, the notary signing, and finish your registration without any last surprises.

Step 6: Pay Fees, Taxes, and Complete the Purchase at the Notary

The last step is when you become the new owner. You pay the needed fees and taxes. You must go to the notary, and sign the final deed. After that, the sale can be added to the registry, and you are done with the purchase.

At this time, buyers often see the true cost is more than the purchase price. In Lisbon, you have to pay the property transfer tax, legal fees, registration fees, stamp duty, and other charges to close the deal.

  • Budget for IMT, stamp duty, notary costs, and registry expenses.

  • Make sure your lawyer checks the final deed before you sign.

So, what are the main steps for a person from another country to buy property in Lisbon? Get your documents ready, search for the place, make an offer, save it with a payment, sign the promissory contract, do your checks, pay your taxes, pay all your fees, and close the deal with the notary.

Costs Involved When Buying Property in Lisbon

The cost of a property purchase in Lisbon is more than just the purchase price. When people from other places buy a home, they also need to plan for stamp duty, property taxes, legal fees, and extra closing costs. All of these can make the total price go up by a lot.

This is why plans are important right from the start. The taxes and fees change based on what kind of place you get and how much it is worth. Some costs are always there no matter what. If you want to have a good idea of your budget, you need to know what the prices are in each area first. Then, look into stamp duty, taxes, and other expenses step by step.

Typical Price Ranges by Neighborhood

Property prices in Lisbon vary sharply by neighborhood, building condition, and property type. Central areas usually command premium rates, while some residential districts offer broader pricing bands. If you are asking what to expect, the square-meter range is the best starting point.

The table below uses figures mentioned in the compiled market information and recent listings. These are reference points, not guaranteed closing prices, but they help frame the property market and your investment potential.

Neighborhood/Area

Indicative Price Level

Chiado

About €7,725/m²

Bairro Alto

About €6,758/m²

Graça

About €6,411/m²

Estrela

About €7,337/m²

Lapa

About €7,253/m²

Alfama

About €7,300/m²

Lisbon city average

About €6,793/m²

Avenidas Novas listings

Roughly €4,371/m² to over €7,000/m²

These numbers help answer budgeting questions, but taxes and fees sit on top of them, so your final outlay will be higher than the headline asking price.

Taxes: IMT (Property Transfer Tax), Stamp Duty, and Annual Taxes

When you get a place in Lisbon, there are a few main taxes you need to know about. First is IMT, which is the property transfer tax. People also call it Imposto Municipal sobre as Transmissões Onerosas. The tax rate you pay depends on what kind of place it is and the type of deal.

If you buy commercial property or a building plot, the tax rate for IMT is 6.5%. For rural land, it will be at a flat rate of 5%. Stamp duty, also called Imposto de Selo, has rates between 0.8% and 10%. This rate changes based on what the deal is about.

Once you own the place, you pay municipal property tax, which is known as IMI or Imposto Municipal sobre Imóveis. In Lisbon and many large cities, the usual yearly rate for IMI on urban properties is between 0.3% and 0.45%. But, if there is a special tax haven case, the IMI can get as high as 7.5%.

Closing a Lisbon purchase is not just about taxes. You also need to plan for the notary, land registry, legal fees, and other registration fees that come with the transfer. All these costs are part of the purchase process. You should not see them as extra or optional.

Why are these fees so important? They help cover the legal parts of the deal. The notary takes care of the final deed. The land registry shows who owns the property after changes. Your lawyer will check things so you know the deal and your money are safe before you finish the process.

There are no set amounts for each fee in the given details, so it’s best to ask for a full breakdown of costs early on. This is how you and others can look at the total costs to buy, not just the main price. That way, you won’t be surprised by extra fees at the final step.

Real Estate Agent Commissions

A real estate agent is very important in many Lisbon deals, especially when buyers from other countries are involved. Agents help you find homes, set up viewings, talk during deals, and keep the property purchase moving. In this market, good homes can go fast, so their help matters.

The details suggest that you should work with a licensed real estate agent. However, they do not give you a set commission for buyers. You need to ask about costs and what the agent will do for you in the purchase process. Do not expect the fees will be like they are in your own country.

This is important because the commission can change how you look at your choices and can affect the true purchase price. Before you move forward, ask who pays the commission, what is included, and how the real estate agent helps you after your offer gets accepted. Getting these things clear early will help you avoid problems later.

Additional Costs: Surveys, Renovations, and Insurance

Beyond taxes and closing costs, buyers often spend more money after they get a home. These extra costs show up in things like a property survey, fixing up the house, and getting insurance. It is easy to not see how much you will need for these, especially when a home looks good online but needs work in real life.

Fixing up older homes in Lisbon comes up often. These homes may have charm, but this does not mean they will be easy to keep up. Insurance is also important for any owner. You need it even more if you want to rent the place out or use property management. Some upgrades may even be needed for legal compliance, depending on how you use the home.

  • A property survey can help you spot problems with the home before or soon after you buy.

  • It is a good idea to think about costs for fixing up and insurance as a part of your total budget.

If you plan for these things early, your budget will be better and you will have a less stressful time after you buy.

Residency, Visas, and the Golden Visa Program

Many people from outside the country think that buying real estate in Lisbon will help them get a visa. In 2026, this is not true for the golden visa program through property investment. You need to think about buying property and making plans to move or stay in Portugal as two different things now.

Portugal still has other ways to get a visa. If you are a digital nomad, you can still look into the digital nomad visa or other choices, based on your own needs. If you really want permanent residency or to get into the golden visa program, you should get up-to-date advice. Just investing in real estate like before will not work the same way for your golden visa.

Can Buying Property Qualify You for a Portuguese Visa?

Here is the main update for 2026. Buying property in Lisbon does not alone let you get a golden visa. Portugal stopped giving golden visas through the real estate route for new people applying. If you see anyone or any site saying you can just buy a property to get this visa, that is not true anymore.

This does not mean there are no ways to get a visa. The change means you should not mix up the Portuguese property market with who can get to stay in the country. People wanting to live in Portugal have to think about other ways instead of thinking buying a house will let them stay and work.

The information here shows that people need to think about investment funds and business options now. Doing job creation in Portugal is also a way people talk about. So, does buying property in Lisbon let you get a golden visa? The answer is no, not like it did before. Now, if you want both property and a visa, you have to plan for each one on its own.

How the Golden Visa Scheme Works in Lisbon

The golden visa is still around. It is still linked to foreign investment and can give you residency, but the rules about Lisbon property investment have changed. Now, under Portuguese law, if you buy a home in Lisbon, you do not get that chance as a new applicant.

So what should you do? You need to see real estate and residency as two different choices. You can buy a Lisbon apartment for your lifestyle or for returns. But if you want the golden visa, you need to look at other options. There are some eligible ways that are not related to property.

  • Real estate is not the qualifying way for new golden visa applications.

  • Investors often have to look at fund or business routes instead.

If you ask if buying in Lisbon can get you this status, the answer is no. This plan now works with other types of investments, not just residential property buying in the capital.

Differences for Americans, Australians, and Other Foreign Buyers

For foreign investors from the United States, Australia, and other countries outside the EU, the big difference is not about being able to buy a place. You have to plan a lot more when it comes to visas and living in the country. You can buy property, but that will not give you clear papers to live there.

Americans and Australians follow the same main rules as other foreign investors when they buy. But if you want to stay in Portugal for a long time, you often need a special visa. This is when planning how you will live there gets harder than the property purchase.

If you compare with how EU citizens do things, non-EU foreign investors need to focus on their visa dates, documents from home, and how they will live in Portugal after buying. The steps to buy are much like anyone else, but the way life works after the buy can be very different.

Conclusion

To sum up, buying property in Lisbon can be a great choice for people from other countries. The real estate market is active, and there are many different places to pick from. While you get to know the legal requirements and learn about what is going on in the market, remember that being ready helps a lot. If you know about the costs and work with tools like English-speaking real estate agents, you can choose what’s best for your needs. You may like the old feel of Central Lisbon or want to be in the cool, busy areas—either way, there is a property for you. If you have any questions or want advice that fits you, reach out for a free chat. The time to start your path to owning a home in this wonderful city is now!

Frequently Asked Questions

Are there any special challenges foreigners face when buying property in Lisbon?

Yes. Many foreign property buyers have to wait because of paperwork, bank checks, and the need to follow strong legal compliance rules. Doing due diligence is very important for buying in Portugal. Lawyers should check for debts, needed documents, and how you can use the place. If you want to get rental income from it later, you need to also think hard about licensing, area rules, and how you will do property management.

Is now a good time to invest in Lisbon real estate as a foreigner?

For many buyers, the answer is yes. The property market in Lisbon stays strong because the supply is low, there is a lot of tourism, and there is high demand from people outside Portugal. In the past few years, home prices have gone up. Prices might rise more slowly now. Buying real estate can still give you some investment potential. But you should have realistic hopes about returns and think about capital gains over a longer time.

Can I buy property in Lisbon remotely from abroad?

Yes, you can do a property purchase from far away, but you need to set things up right. You still have to follow all the legal requirements under Portuguese law. This includes getting a NIF number and opening a bank account in Portugal.

You should get a trusted lawyer and property agent to help guide you. They can handle papers, checks, and set up things for you. If you are not there in Lisbon, they will work for you to make sure all steps are done.

Are there English-speaking professionals to assist foreign buyers in Lisbon?

Yes, there are many people in Lisbon who help property buyers from other countries. You will find English-speaking agencies and lawyers who work in the city. They help a lot when you do your property search because they talk about legal requirements, set up viewings, and make sure you know what is going on. This support is useful when you look at different neighborhoods, prices, and all steps in the contract.

About Remitly

Remitly is on a mission to make international money transfers faster, easier, more transparent, and more affordable. Since 2011, millions of people have used Remitly to send money with peace of mind.

Visit the homepagedownload our app, or check out our Help Center to get started.