Short answer
Common pitfalls include not checking the property's legal status (such as unlicensed renovations), missing hidden costs like IMT and stamp duty, and underestimating renovation permits. Also, rural land may have restrictions, and some areas are in flood or fire zones. Always hire a local lawyer for due diligence and confirm all documents. Don't skip the promissory contract (CPCV) details, and ensure you have a fiscal representative if needed.
General information, not legal or tax advice. Rules and amounts change: confirm with official sources.
Want the full picture?
Thinking of buying or moving to the Azores?
A renovated 5-bedroom house in Ribeira Grande, São Miguel island, minutes from the beach and local life.
