Buy and selling of properties
 

-I want to buy a property-
 

Buying a property can be complex and time-consuming, especially if you are not a Portuguese citizen. We are the best solution to assist in this process. With a team of qualified professionals and solid know-how in the sector, we provide a consultancy and after-sales service, at no additional cost, so that you can enjoy your new property.

Here are some of the steps you should follow to buy a property:

After defining the property you will buy, you must follow some important steps which are:

First step
Signature of the promissory purchase contract + down payment (Previously agreed between buyer and seller)

Second step
Public deed of purchase and sale

Third step
Tax

• IMT (Municipal Tax on Transitions) - Applied to properties worth more than €93,331
• 5% of the value for rustic buildings;
• 7% of the value for urban properties (commercial purposes, garages and plots of land);
• For residential properties, the rates are progressive, varying according to the purchase price, the highest rate being 7.5%;

IMI (Municipal Property Tax) - As it is the annual payment in May, the IMI is a tax paid on the tributary asset value.

IMI Less than €100

• Payment until May 31 (single installment).
   

IMI above €100 and below €500

• 1st installment until 31 May.
   
• 2nd installment until 30 November.

IMI over €500

• 1st installment until 31 May.
   
• 2nd installment until 31 August.
• 3rd Installment November 30th.

• Between 0.3% and 0.45% for urban buildings – this rate may, in the specific circumstances of article 112(18) of the IMI Code, go up to 0.5%;
• Up to 0.8% for rustic buildings.

You can check your county´s IMI rate for 2022 here.

-I want to sell my property-
 

We are the most complete solution to promote and expand the possibilities of selling your property.

We work with two types of contract:

Exclusivity contract
In this modality, only MimosaProperties has the right to promote the property.

As agreed with the owner, the exposure of the property can guarantee the reach in

all desired channels such as website, partner portals, magazines and newspapers. or in a way

hidden in our portfolio, leaving only to potential buyers previously

selected.

Non-exclusivity agreement
In this contract model you work with several agencies in a

simultaneous, being necessary the communication, sending of documentation and attention to the

exposure quality in all of them.

For the promotion contract, the following documentation is required:
• Citizen Card and/or Passport;

• Housing license for the property;

• Property booklet;

• Certificate of content from the land registry office, updated;

• Floor plans of the property;

• Location plan;

• Energetic certificate.

• Housing data sheet (Applicable for properties after 2004)