Why You Need an Independent Property Lawyer in Portugal
Buying property in Portugal involves much more than signing a contract and transferring funds.
A comprehensive legal review should be carried out before any commitment is made, particularly before signing a Promissory Purchase Agreement (Contrato-Promessa de Compra e Venda – CPCV).
Only an independent lawyer can legally make all the risk assessment when buying a property.
A legal review should verify:
- Ownership of the property
- Mortgages and charges
- Easements and rights of way
- Urban planning restrictions
- Use licences
- Tax registration
- Boundary discrepancies
- Condominium liabilities
- Pending litigation
- Development potential and restrictions
