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Buying property in Portugal is a straightforward process provided you stick to the letter of the law and are advised or represented only by competent and reputable specialists who are fluent in a language you understand.
- Deal only with a Government Licensed Estate Agent/Mediador Autorizado with an AMI Number that is visible on business cards and all correspondence. And whose conduct is subject to enforceable rules.
- Deal only with a Lawyer/Advogado/Solicitador who is fully qualified and whose conduct is controlled by the Portuguese Law Society. Never use a Lawyer who is acting for the vendor, or a lawyer who shares the same office as the vendor’s lawyer.
- You can give your Lawyer, or anyone else, a specific power of attorney to sign documents on your behalf, but, closely follow that the proper steps are being taken without any undue delay.
- Lawyer’s fees are generally between 1.5 and 2% of the purchase price of the property.
- Be sure to use the services of a local Chartered Surveyor, who can ensure that you, the Purchaser, fully understand the nature of the property you are purchasing. They will also highlight any likely liability for future repairs.
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