Portugal

From the sun-drenched western coast to the thriving metropolis of Lisbon, the historic and beautiful country of Portugal is truly one of Europe's undiscovered gems. Gorgeous sandy beaches and chic resort towns are found in the southern portion of the country, which has a warm Mediterranean... + Read More climate that ranks among the most favourable in Europe. Scattered along the Atlantic coast are the Azores and Madeira archipelagos, with rocky, red-stone islands and sweeping unspoiled landscapes. With a rare combination of rich culture, a perfect climate and picturesque scenery, Portugal is a sought-after but exceedingly rare location for private islands.


Portugal Foreign Ownership Info
Portugal has no restrictions on foreign property ownership, and enjoys one of the most straight-forward purchase processes in Europe. After a local lawyer performs a title check, a promissory contract is created and obligates both parties to complete the transaction. A deposit is made by the purchaser, and the transaction is completed with an executed Dead of Purchase and Sale. This process generally takes less than 3 months to complete. Transaction costs, including taxes, realtor fees and legal fees, range from about 5.6% to 16%, and are split between the buyer and seller.   - Read Less