Name: Financial Considerations, Taxes And Pensions When Buying In Portugal
Start: 2022-05-12T18:00:00+01:00
End: 2022-05-12T18:30:00+01:00

Question 1

Can foreigners buy property in Greece?

Accepted Answer

Yes—foreigners can buy property in Greece, including non-residents.

The safest route is to appoint an independent lawyer and ensure the purchase is completed via a notarial deed and then registered with the local Land Registry / Hellenic Cadastre (Ktimatologio), so ownership is legally secured.

Question 2

What are typical buyer costs on the Costa Blanca?

Accepted Answer

osts depend on whether the property is resale or new build. Resales commonly involve transfer tax (ITP); new builds commonly involve VAT/IVA plus AJD. Add legal, Notary, and Land Registry fees, and then plan for ongoing costs such as IBI, insurance, utilities, and community fees if applicable. For villas, include pool/garden upkeep in your annual budget.

Question 3

What’s different about buying property in Lisbon?

Accepted Answer

Lisbon is Portugal’s highest-demand urban market, so buyers should look beyond the apartment and assess the building: condition, upcoming works, monthly charges, and rules that affect renovations or letting.

Lisbon also sits at the centre of shifting housing and short-term rental policy, so if your plan involves holiday lets, confirm the local position for that exact address before committing. The goal is a property that works even if rules tighten—often meaning it should also perform well as a long-term rental.

Question 4

Is the buying process in Tenerife the same as mainland Spain?

Accepted Answer

The core legal process is the same—offer, contract(s), due diligence, notary signing, and land registry registration. The key differences are usually practical (local market norms, property types, and timelines) and tax administration, which can differ from the mainland. If you’re comparing Tenerife with Málaga or Alicante, ask local estate agent for a tailored cost estimate based on whether the home is resale or new build, and confirm exactly what documents will be needed to connect utilities and register ownership smoothly after completion.

For full buying process in Spain, download our Spain Buying Guide.

Question 5

What should I check before buying property in Almería?

Accepted Answer

Start with the Spain-wide essentials—Land Registry checks, debts (IBI, community fees), and a lawyer-led review—then add Almería-specific due diligence.

Many buyers look at villas and rural homes, so verify planning/build legality for pools, terraces, annexes, and any extensions, plus access rights (public road vs private track).

If the home is outside a town, confirm utilities (water source, septic/drainage, electricity connection) and whether the property matches its legal description.

These checks reduce the biggest regional risks: buying a beautiful home with paperwork or access issues that later block resale, renovation, or insurance.

For full buying process in Spain download our Spain Buying Guide.

Question 6

Can I rent out a Dordogne property as a holiday home (gîte)?

Accepted Answer

Usually yes, but you’ll need to follow local rules for short-term rentals, guest registration requirements (where applicable), and proper insurance.

Some areas have specific declarations for meublé de tourisme and may apply local taxes (often collected from guests).

Before buying “for rental income,” check seasonality, heating, access, and whether the layout works for guests. If the home is remote or needs major works, your first year’s returns may look very different from listing estimates.

Question 7

What is the property buying process in Greece?

Accepted Answer

A typical Greece purchase follows:

(1) agree price/terms,

(2) due diligence (title, claims, planning/cadastral checks),

(3) pay required purchase taxes (commonly before signing),

(4) sign the final notarial deed (often via power of attorney if buying from abroad), and

(5) register the deed with the local Land Registry / Cadastre to formalise ownership.

For full buying process in Greece download our Greece Buying Guide.

Question 8

Should overseas buyers consider Greater Lisbon (Cascais, Oeiras, Sintra, Setúbal) instead?

Accepted Answer

Often yes—Greater Lisbon can offer more space and different price points while staying close to the city.

The due diligence is the same, but your “fit checks” change: commuting links, parking, heating/cooling costs, and whether the home works year-round (not just as a city break).

If you want rental flexibility, favour properties that appeal to long-term tenants as well as tourists—this tends to protect value when regulations shift.

Our in house Portugal Property Consultants can guide you through areas that are best fit for your &#8220;wish list&#8221;. You can contact them here.

Question 9

Can I rent out my Tenerife property as a holiday let?

Accepted Answer

Possibly, but holiday rentals in Tenerife often require registration and compliance with local rules, and some properties (especially in certain complexes) may have additional restrictions. Before buying, confirm:

(1) whether the property can be registered for short-term rental

(2) whether the building/community rules permit it, and

(3) what your ongoing obligations are (guest reporting, standards, local taxes).

If a listing highlights “great Airbnb returns,” treat it as a marketing claim until you verify eligibility in writing—this is one of the most important checks for investment buyers.

Question 10

Can I rent out a property in Almería as a holiday rental?

Accepted Answer

Often yes, but holiday rentals are regulated at regional level, so confirm what registration/licensing applies in Andalusia for your exact property type and municipality.

Also check whether any urbanisation/community rules restrict short-term lets, and whether the home meets practical guest expectations (air-conditioning, reliable Wi-Fi, parking, easy check-in).

If your strategy depends on holiday income, buy a property that also works for mid-term or long-term rentals so you’re not reliant on a single rental model.

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