The Buying Process

The Letter of Intent and Appointing a Local Lawyer
Once you have viewed the property you would like to buy and your agent has successfully negotiated a deal on your behalf, a professional agent will prepare a ‘letter of intent’. This document clearly states the agreed price, exchange and completion dates, and what is to be included. At the same time, we recommend that you instruct a local lawyer to represent you in the purchase. Your signed letter of intent will be sent to your legal representative as a reference to the agreed terms.

See our complete guide on ‘The Buying Process in Portugal’

For further legal information, you may contact our trusted associates on the links below;

www.nverissimo.pt

www.allislaw.pt

For information on currency please go to www.currencies4you.com