How lawyer can help you with legal advice to buy property in Portugal

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How lawyer can help you with legal advice to buy property in Portugal
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Published: 13th February 2020, 7:22pm

Buying a home is probably the most complex investment you will make and lawyers will offer you legal advice on all possible complications that may arise. Besides the vague and unclear terms, several legal and property deed issues can arise. The lawyer’s role is to guide you through this process. From the start, he will offer you legal advice on the transaction and tax consequences that might come up during the process.

Here at Portugal Homes, we have listened to our clients over the years to find out what legal advice they are looking for in a law firm. Although all lawyers here are trained in the same way, we believe that firms who deal with international clients daily are much more efficient and complete the process much quicker than lawyers who work mainly in the Portuguese market. 

We have partnered up with reputable law firms that represent our clients’ interests. Edge Lawyers, Legal Square, and PMLJ are some of the firms we work with and have had success cases, assisting clients from the initial investment to citizenship. Read the confirmation of a Golden Visa investor here.

The importance of working with lawyers when making a purchase

It’s important to mention that real estate requires a lot of attention from the parties involved, as there might be unfamiliar processes during this transaction. To avoid inconvenience and loss, it is essential to have real estate legal advice. 

The lawyer will oversee all the details of the transaction to ensure that your interests are carried out and that the transaction documents reflect them properly. 

Learn more about Portugal Homes’ Legal Advice.

Notary or Lawyer when purchasing a property in Portugal? 

Have in mind that notary and legal representation are two different terms. While the Portuguese notary will only ensure all property documents are in place and taxes are paid, your independent legal representative will ensure your property and contract interests are protected when you pay the deposit or sign the contract. Depending on the nature of the transactions, before closing the real estate contract, the lawyer should:

  1. Review the Purchase and Sale Agreement and advise you on its legal consequences and obligations;

  2. Obtain an investigation of the title of the property, assess the status of these titles and request the appropriate legal solutions;

  3. Explain possible obligations you will assume;

  4. Help you understand the effect of any existing mortgages or other disposals;

  5. Discuss different financing options;

  6. Discuss how you should obtain the title to the property (personal, joint, or business);

  7. Inform you where and how to obtain the “homestead” exemption (family residence);

  8. Review how to obtain insurance against fire and other types of hazards;

  9. Advise you on how the title should be obtained, as well as the effects it may have on your business.

Legal representation if you are overseas

The real estate purchase process doesn’t have to stop if you need to travel back to your country. If you’re overseas and have invested in Portuguese Real Estate (or are looking to), you will be represented by our lawyers. They should have the power of attorney (POA), which enables them to act on behalf of you during the property sale, the transfer of the ownership, signing of deeds, property rentals or leasing; rest assured your process will be in good hands.

Along with our legal representative partners, our mission is to ensure all our clients are comfortable and trust us with their investment, by providing legal assistance of outstanding quality, grounded in ethics, rigor, and professionalism.

Besides legal representation, taken care of by our lawyers, Portugal Homes’ After Sales Department can also provide fiscal representation during and after your purchase. All matters related to the Portuguese tax system and your property itself can be taken care of, from attending the condominium meetings to visiting the apartment to check if everything is under the conditions you had previously seen and agreed with. Learn how to become a member of After Sales here.
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Comprar uma propriedade em Portugall

A Portugal Homes possui profissionais muito experientes e conhecedores, que trabalham com alguns dos promotores mais reconhecidos em Portugal . A nossa vasta experiência permite-nos guiá-lo pelas melhores opções de investimento.

Seja casa de férias ou uma propriedade para investimento, selecionamos as melhores propriedades para o seu perfil e tratamos de todo o processo do início ao fim. Mesmo após a venda! Os nossos serviços de pós-venda assumem a responsabilidade de mobilar a seu gosto, manter a propriedade na sua ausência, dar apoio ao arrendamento, no caso de querer arrendar e muito mais!

Para saber mais sobre Residentes Não Habituais em Portugal e sobre os nossos serviços pós-venda, preencha o formulário abaixo.

O meu consultor, Mathew McGurn, foi realmente excelente! Os seus conhecimentos, profissionalismo e atenção ao detalhe foram muito apreciados. Ele trabalhou duro não apenas para encontrar uma propriedade que atendesse a todos os meus requisitos, mas também negociou com sucesso com os agentes, garantindo que minha oferta conquistasse outros compradores que disputavam a mesma propriedade. Além disso, as suas capacidades de comunicação, tempo de resposta rápido e ajuda geral para a minha instalação em Portugal foram acima e além do normal.

Investidor dos EUA

Caro Sérgio, muito obrigado por arranjar o nosso 1º Esquerdo. Nós amamos a nossa casa nova, e a sua atenção aos detalhes é muito apreciada.

Tim Thronson - Investidor dos EUA

Um serviço completo, oportunidade única. Muito fácil para nós como estrangeiros. O Ryan Dunn superou as nossas expectativas. Estamos muito felizes com trabalho dele!

Jose Arias - Investidor dos EUA

Todas as pessoas com quem me encontrei e com quem falei têm sido extremamente experientes e profissionais. Lidar com nativos em inglês que entendem as coisas da minha perspectiva foi muito reconfortante. Por fim, saber que estava com o Matthew ao meu lado deu-me confiança para prosseguir com o processo de compra de um apartamento em Lisboa. Muito obrigado.

Investidor dos EUA

Até agora, tem sido ótimo. O Simon é muito experiente e amigável.

Loay El Abiad - Investidor da Arábia Saudita

É fantástico como o Ryan tinha um conhecimento completo sobre Lisboa e nos tratou da melhor maneira.

Akbar Ali - Investidor do Paquistão