1 | Set Your Budget | Start by setting a budget that includes the property price, taxes, and additional fees. This helps you focus on homes within your price range. |
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2 | Explore Neighborhoods | Explore different neighborhoods and find areas that fit your lifestyle and preferences. Real estate Lisbon offers many options from busy city centers to quiet suburbs. |
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3 | Get Pre-Approved for a Loan | If you plan to finance your purchase, apply for pre-approval from a bank. This shows how much you can borrow and speeds up the buying process. |
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4 | Find a Real Estate Agent | Work with a local real estate agent who knows the market well. Agents help you find the right property, negotiate prices, and manage paperwork. |
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5 | Visit Properties and Make an Offer | Visit the properties you like and assess their condition carefully. Once you find the right home, make an offer based on the market value. |
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6 | Hire a Lawyer for Legal Checks | Hire a lawyer to review the property’s legal documents. The lawyer checks for outstanding debts and ensures the sale is legitimate. |
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7 | Sign the Promissory Contract | Sign a promissory contract with the seller to secure your purchase. Pay a deposit to confirm the agreement and set a closing date. |
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8 | Complete the Final Payment and Registration | Pay the remaining amount and complete the property registration. This final step makes you the legal owner of the property. |
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