To buy property in Portugal, expats must meet certain legal and administrative requirements:

1. Tax Identification Number (NIF): This is essential for any financial transaction in Portugal and can be obtained at the local tax office or via a representative.

2. Portuguese Bank Account: Opening a local bank account simplifies payments for taxes, utilities, and other costs. However, this is not mandatory.

3. Fiscal Representative: Non-EU buyers must appoint a fiscal representative to handle tax matters.



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The Portuguese housing market has experienced significant challenges, with a notable decline in construction rates over the past two decades. In 2002, the country built as many homes in a single month as it did in half a year by 2022. This shortfall has led to rising costs and limited availability, leaving many families struggling to find adequate housing within their financial means.

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One fascinating trend is the increasing number of people moving from France to Portugal. Why? Portugal offers a more affordable cost of living, favourable tax benefits, and an unmatched quality of life. The welcoming Portuguese community and the opportunity to own spectacular villas for sale in Portugal further entice many French nationals to move.

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With its stunning landscapes, rich history, and exceptional climate, Portugal has become a dream destination for property buyers worldwide. If you're searching for homes for sale in Portugal, Live Algarve offers an impressive portfolio of properties to suit diverse tastes and budgets.

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Portugal is at the forefront of the global push toward carbon neutrality, seamlessly blending a thriving real estate market with sustainability-focused initiatives. With a national goal to achieve carbon neutrality by 2050, the country is making strides in creating eco-friendly living spaces that appeal to investors, residents, and tourists alike. Here's our look as to how Portuguese homes are continuously evolving to meet these objectives.

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