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Blog
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Oeiras Real Estate Market Guide (2026)
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Ongoing Property Costs
Ongoing Property Costs are the recurring expenses associated with owning a property in Portugal, regardless of whether the home is used as a primary residence, holiday property, or investment. -
Property Registration
Property Registration (Registo de Aquisição) is the legal act of recording the new ownership of a property at the Portuguese Land Registry (Conservatória do Registo Predial) after the purchase is completed. -
Proof of Funds
Proof of Funds refers to the documentation required to demonstrate the legitimate origin of the money used to purchase a property. -
Portuguese Bank Account
A Portuguese bank account is a local current account opened with a bank operating in Portugal, used to manage payments related to a property purchase and ongoing ownership costs. While it is technically possible to buy property using a foreign account, in practice a Portuguese account becomes almost essential to complete the process smoothly. -
NIF — Portuguese Tax Number (Número de Identificação Fiscal)
The NIF (Número de Identificação Fiscal) is Portugal’s tax identification number. It is your official fiscal identification with the Portuguese authorities and is required to carry out almost any financial or legal activity in the country.