When choosing property to save time, I would advise in advance to determine the region of Portugal where you would like to buy a property, as well as to the type of the property. When the choice is made, and credit conducted, we can proceed to the next stage – design of the transaction (escritura). You can make this deed of real estate as a notary public (sometimes even at the bank), or directly to the Registration Chamber (conservatoria registo predial) on specialized balconies ‘casa pronta’ open in early 2009. This procedure should observe more favorable for buyers in the material sense, because it can save on it for about 500 euros. Prior to the signing of the act of transfer property you will also pay certain state taxes on the transfer of ownership – it’s imt (municipal tax on real estate transactions) and Imposto Selo (gos.poshlina).
The above taxes are subject to change in the percentage ratio from year to year. For example, the scale of imt in 2009, involves not levy this tax to private property worth up to 89,700 euros, while two years ago, the strap was lower – only up to 85.500 euros. The final step in buying a home is a statement by the tax office (apresentacao declaracao nas financas) held on the transaction and the calculation of imi (municipal property tax). Now I would like to say a few words about why the beneficial work with a real estate agency and a personal agent, but not with the individual seller. Real estate agent has a rich experience of similar work, is able to ‘correct’ to make an application for credit, well versed in the market Real estate: prices, trends, differences in estimates of real estate in a given area and other The agency provides paid lawyer who will guide and control the entire transaction. After the conclusion of the contract, Agency register the new owner of the relevant authorities, without charging extra fees.