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đŸ‡”đŸ‡č Portugal Auction Playbook

Growing auction market with Golden Visa appeal

Overview

Annual Volume

~8,000–12,000 properties annually

Typical Discount

20–40% below market value

Portugal's auction market is smaller but growing. Properties come from judicial executions, tax foreclosures, and bank sales. Lisbon, Porto, and the Algarve see the most activity. The Non-Habitual Resident (NHR) tax regime and Golden Visa program have increased foreign interest.

How Portuguese Auctions Work

  1. 1

    Judicial auctions are managed by Agentes de Execução (enforcement agents) and listed on the e-leilÔes platform.

  2. 2

    Properties are advertised with a base value set by the court, typically based on a certified valuation.

  3. 3

    Bidders register on the e-leilÔes platform with a digital certificate or Chave Móvel Digital.

  4. 4

    Electronic auctions run for a set period (typically 15–20 days).

  5. 5

    Minimum bid: typically 85% of the base value for the first round, decreasing in subsequent rounds.

  6. 6

    The winning bidder must pay within 15 days (or up to 3 months for primary residences with court approval).

  7. 7

    The court issues a tĂ­tulo de transmissĂŁo transferring ownership.

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