When buying a property in Portugal, or in the case of something that implies the conclusion of a contract, even if it is not mandatory, we advise our clients to hire legal assistance. The law may not require formal representation, but having a lawyer by your side increases the certainty of every step you take. There are contracts to be signed, licences to be granted, all documents must be compliant and many legal procedures must be registered in their public organisations.
OUR HOME PORTUGAL has the means to deal with normal processes without having to hire a lawyer. But if something seems to have a greater degree of complexity, its safeguarding and tranquility recommend the hiring of a Lawyer
All actions related to the transfer of ownership must be subject to public legal acts or public register. In some cases, these acts require the intervention of notaries or lawyers. For these acts to occur, it is essential that there are legal documents that prove that the good meets the necessary conditions to be transacted. It is mandatory that all properties have Housing License, some require Housing Technical Data and, in some cases, other documents indispensable for the rental or housing of said property.
Regardless of the type of property you want to buy or rent, whether new, refurbished or still in the design phase, the presence of a lawyer may be indispensable, because there are documents that need verification.
Although many of the contracts used in these types of transactions are typically uniform, in the case of, for example, the acquisition of a property that is still under construction, it is essential to ensure that the buyer is safeguarded from different types of risks, such as those related to the completion of the technical project of the property or urbanization, as well as compliance with deadlines and other conditions that the buyer may have negotiated prior to the purchase decision.
Some changes may be associated with investment decisions.
One situation in which this occurs is related to the " Gold Visa". The " Gold Visa" is a residence visa issued in exchange for a qualified investment in Portugal.