icon-lang-he

How to Buy an Apartment Abroad – Familiarity with the Bureaucratic Procedures

The process of buying an apartment abroad requires planning, research, and understanding of local bureaucratic procedures and can therefore be a complex process. Yet, it usually proves to be profitable and rewarding. When buying an apartment in Europe, the first step is examining the real estate market in the destination country and familiarizing oneself with its bureaucratic procedures, banking policies, taxation policies, and purchase processes. Therefore, it is highly advisable to consult a professional entity that provides comprehensive and complete support, assists in understanding the market combined with the personal needs of the investor, and guides in making the right decisions in terms of budget and possible financing, choosing the appropriate banks, finding the right property with quality developers and contractors, and selecting the right management companies that will continue to care for your asset after acquisition. This makes the process of purchasing and investing in a property in Europe easier, calmer, and more secure.

Investment Process

First Investment Meeting

Apartment Inspection

Getting a fiscal Number ( NIF)

Reviewing Sales Agreement

Signing on Sales Agreement

Regular Updates on Project Progress

Start of Financing Process

Opening a Local Bank Account

Management Companies, Interior Design, and Furniture

End of Financing

Handover of the Apartment

Our Services

Property Location and Purchase Assistance

Legal support

Financing and Financial Care

Asset Management

Identifying potential properties exclusively from a variety of projects available to the company.

  • Youropa is connected to real estate agents and developers in major European cities, thus gaining exposure to new projects being set up in these locations.

 

  • Connecting Israeli investors to opportunities in the Portuguese real estate market, with access to pre-sale prices, first-choice selection of apartments in the project, and purchases off-market.

 

  • Bank Account and Fiscal Number (NIF) – Investment and economic activity in Portugal require the opening of a local bank account and obtaining a Fiscal Number (NIF). The Europa real estate team will take care of the entire procedure for you.

A senior law firm accompanies the investor throughout the entire purchase process.

  • Legal support throughout the purchase process, starting from the order stage, conducting due diligence, legal negotiations leading to the purchase agreement in accordance with local law.

 

  • In Portugal, Europa NEDALAN operates in collaboration with law firms in Porto and Lisbon, among the leading firms in Portugal in the real estate field.

Developing a financial and economic roadmap based on the investor's capabilities, preferences, property characteristics, and business plan.

  • Creating a specific financial-economic plan tailored to the property purchase and aligned with the investor’s needs and the purchased asset’s potential. The plan is built through professional meetings, understanding investment needs, financial status, and potential assets.

 

  • Thanks to Europa realastate’s business connections with leading commercial banks in Portugal, we can assist investors in obtaining a customized financing package (mortgage) with a highly attractive interest rate, making the investment particularly worthwhile.

Property management for profit generation, facilitated by a reputable and reliable local management company, including handling related services such as design and furnishings.

  • With our organizational infrastructure in Portugal, we can offer direct solutions for property management in Portugal throughout the year, providing investors with peace of mind.

 

  • Investors looking to rent out their property can benefit from a comprehensive property management package, which includes ongoing maintenance, tenant procurement, tenant interactions, accounting, and payments.

Quick Transition