How Americans Buy Property in the Algarve — The Complete 2026 Process

The Algarve property market is accessible to American buyers with no restrictions. Portugal permits full freehold ownership by foreign nationals — no foreign ownership cap, no restricted zone system, no mandatory partnership structure.

The Non-Negotiables

Before engaging any agent or attending any viewing: a NIF and a Portuguese attorney. The NIF is required for any contract to be legally valid. The attorney conducts due diligence and represents your interests through to completion.

What It Costs

Budget 10% above purchase price for acquisition costs. IMT transfer tax typically runs 6–8% on luxury properties. Stamp duty adds 0.8%. Use a currency specialist — not your US retail bank.

See the Buying Process guide →