Buying Property in Braga, Portugal: Your Essential Guide

Braga, coined the Rome of Portugal, is rapidly gaining the recognition it deserves as a prime destination for living and investment. This historic and dynamic city in northern Portugal blends together rich cultural traditions with a flourishing and vibrant tech and startup scene.

As the first buyer’s agent in Portugal, we’ve created this definitive resource on buying property in Braga in 2025. We will delve into the current market trends, provide an easy step-by-step guide to the buying process, and offer tips and advice for a simple property purchase.

Introducing Braga, Portugal

Situated in the Minho region of Northern Portugal, Braga stands out as one of Portugal’s most historically significant urban centers, where local life and cultural traditions are key to the city’s appeal.

As a university city with the well-regarded University of Minho, Braga retains a youthful energy, while the rich history keeps the city grounded in time. Less than an hour south of Spain, while also being close to Porto, Portugal’s second largest city, and the coast, you are strategically located to enjoy a range of cultural and natural attractions.

Can Foreigners Buy Property in Braga, Portugal?

Yes, foreigners can buy property in Braga without restrictions. The Portuguese Government actively promotes foreign investment and makes it easy for expats to relocate to Portugal, as shown by its range of residency options (such as the Portugal Golden Visa, Digital Nomad Visa, and D7 Visa) and transparent property buying process.

Why Buying Property in Braga, Portugal, is a Smart Move

From its high quality of life to safety aspects and various amenities, there are many reasons to consider buying property in Braga. The appeal of Braga is increasingly attracting a broad range of foreign buyers, from families, young professionals, and retirees, who are seeking appealing investment prospects or a better quality of life.

Braga’s Thriving Economy and Job Opportunities

Following the relocation of Web Summit (the biggest tech festival in the world) to Lisbon in 2016, Portugal has become a hotspot for tech and IT companies, with Braga a particularly attractive destination amongst startups and international companies. For example, Bosch, Microsoft, Apple, Google, and Devoteam have each established a presence in Braga.

The University of Minho, one of the best universities in Portugal, acts as a catalyst for innovation, with many international companies recruiting local talent. Alongside this, remote workers, tech founders, and families have come to call the city home, fueling a strong local economy and sustained demand for housing. As we’ve mentioned, InvestBraga, the city’s economic dynamization agency, actively promotes the region as a global technology hub, helping investors navigate the local market.

Exceptional Quality of Life and Safety

Braga is one of the top ten European cities with the highest quality of life, according to a study coordinated by the European Commission in 2024, which revealed that 94 per cent of people living in the municipality consider the city to be an excellent place to live.

Alongside this, Portugal is one of the safest countries in the world, ranking in seventh position in the 2025 Global Peace Index, with Braga in particular noted for its low crime rates and welcoming atmosphere.

The city has good public services and excellent access to nature, with beautiful beaches to the west. The Peneda-Gerê National Park is close by, one of the most beautiful natural parks in Europe, while in the city of Braga itself, you’ll be able to enjoy several quiet green parks.

Cultural Richness and Modern Amenities

Braga is one of the historic highlights of Portugal, home to around 80 churches, grand palaces, and a dynamic cultural scene. The beautiful Bom Jesus do Monte Sanctuary is situated close to Braga, a UNESCO World Heritage site that is famous for its impressive Baroque stairway and hilltop church. From here, you’ll be able to see terrific panoramic views. Alongside the city’s historical allure, Braga provides all the convenience of a modern urban center, with shopping centers, well-equipped healthcare facilities, and some of the best restaurants in the country. For many Portuguese, the cuisine of Northern Portugal is the best in the country.

Affordability compared to other major cities

Braga stands out as one of the more affordable cities in Portugal, with the cost of living in Braga and the average property price being more affordable than in Lisbon and Porto. Compared to Lisbon, Braga is almost 15 percent cheaper and 6 percent lower than in Porto.

Types of Properties in Braga

Braga city and the surrounding area are home to a range of property types, including:

• Modern Braga apartments
• Spacious houses
• Countryside estates
• Rural properties, such as farms and quintas
• Vineyards

In the surrounding countryside, you will find large houses that could be perfect for families to consider, offering peace, quiet, and space.

Top Areas for Buying Property in Braga, Portugal

The Braga district is home to an array of stunning neighborhoods and locations. Below, we delve into some top places to consider for urban living in the city, or smart choices if you would prefer to live in the surrounding countryside.

Braga’s City Center

For those seeking to be in the beating heart of the historic city, Braga’s center is the place to be. You’ll have easy access to top restaurants, public transportation, and historic sites, such as Sé de Braga (Braga Cathedral), the oldest cathedral in Portugal, built at the end of the 11th Century and erected several decades before the founding of Portugal

While the average property price tends to be slightly higher here than in the surrounding area, the convenience of urban living and being in the center of life in Braga more than makes up for it.

Gualtar and Lamaçães

Gualtar and Lamaçães are characterized by contemporary developments and are a favorite with the student population due to their proximity to the University of Minho. These areas are excellent for buy-to-let investments targeting students or young families looking for a calm, residential part of the city.

Gualtar is known for its historic sites, such as the Church of São Frutuoso, while Lamaçães provides a peaceful environment with access to outdoor activities, parks, and green spaces, making it a good option for families and nature lovers.

Nogueira and Ferreiros

If you are seeking out a suburban feel, perfect for families, then Nogueira or Ferreiros could be just the ticket. These are quieter residential parts of the city, where you’ll find more spacious family homes and more greenery. Well-suited to families seeking tranquility, while there remain good transport connections to the city center.

Surrounding rural areas

Around Braga, the stunning landscapes and rugged terrain are perfect for nature lovers, and should you head to the west, you’ll be within striking distance of the beautiful Northern Portuguese coastline.

Outside Braga, you’ll find spacious properties at surprisingly affordable prices, making this an excellent part of the country to buy a property at a great price. If you are moving to Braga with a family, Briteiros and Vila Verde are good options to the east and north of Braga, respectively.

Steps For Buying Property In Braga, Portugal

Buying property in Braga is straightforward, although there are some things that you will need to bear in mind. Below, we provide an easy step-by-step guide.

Step 1: Financing your property in Portugal

The trick to a smooth buying process is to commit to research and make sure you stay ahead when it comes to financing. Compare your mortgage options in Portugal as soon as possible, as this will help you know how much you can borrow and give you an idea of property prices within your price range. You can read more about your options to secure financing in Portugal in the section below.

Step 2: Secure Your Portuguese Tax Number (NIF) and Bank Account

To buy property in Braga, you will need to have a NIF number. This is your Portuguese tax number that is needed to make any financial transactions in the country, such as buying property in Portugal or opening a Portuguese bank account.

Step 3: Finding your ideal property

To find your ideal property in Portugal, we highly recommend seeking the help of real estate professionals who can help you find the properties that match your requirements. There is no one database to find all the property listings (Zillow Portugal does not exist, for example, as it does in the USA), so expert guidance will grant you full market access. They will also have access to off-market properties that you will not find elsewhere.

Step 4: Making an offer and negotiating with the seller

The next step is to make an offer and negotiate with the seller. It’s very common in Portugal to negotiate with the seller on the price of the property. Quite often, the asking price is higher than the sales price, so with some smart negotiation, you should be able to get a great deal. A real estate professional will be able to negotiate on your behalf to help you secure the best price.

Step 5: Reservation Agreement and the Promissory Contract (CPCV)

The Reservation Agreement demonstrates your intention to purchase the property, and once drawn up, the property will be taken off the market, usually for a fee. Following this, the Promissory Contract, known as the CPCV, will be signed. This is a preliminary agreement that we recommend being signed in front of a Notary. The CPCV will outline the terms of the sale of the property and a deposit of 10-20 percent will be paid to the seller.

Step 6: Sign the Final Deed (Escritura)

The final step of the buying process is to sign the Final Deed, which is known as the Escritura in Portugal. This needs to be signed in front of a Notary and is when the remaining payment is made to the seller, including outstanding property taxes that need to be paid at the time of purchase. At this stage, you will also need to register the property at the Land Registry Office.

Post-Purchase

After you have successfully purchased your property in Braga, you will need to consider:

• Setting up utilities (such as electricity, water, and internet)
• Ensuring you have good home insurance cover
• If you are considering renting your property out, you will need to decide whether you need to enlist property management services.

Financing Your Property Purchase in Braga

If you are seeking to take out a mortgage to finance you’re property in Braga, you’ll find several options. There are more than 15 banks that provide mortgages for non-resident buyers, with banks regulated by the Bank of Portugal.

Mortgage Options for Foreigners

For non-residents the typical Loan-to-Value ratio is around 60 to 80 percent, while for residents this will usually be around 10 to 20 percent.

When it comes to interest rates, buyers can choose between fixed-rate, variable-rate, and mixed-rate mortgage options.

• Fixed-rate mortgage: Mortgage rates don’t fluctuate over time, and you can enjoy stable monthly mortgage payments for a set term, usually between 3 and 30 years.
• Variable-rate mortgages: You can capitalize on market trends to get potentially lower mortgage rates. The estimated monthly mortgage repayment varies based on the Euribor index and may be recalculated every 3, 6, or 12 months, depending on the mortgage terms. The rate will vary depending on the “mortgage spread,” which is set by the bank.
• Mixed-rate mortgages: Allow you to get the best of both fixed and variable rate mortgages. You lock in rates for a certain period, then transition to a variable-rate mortgage to better manage interest rate risks while also being able to enjoy a level of payment stability.

Required Documents for Mortgage Application

You will need the following documents for your mortgage application:

• ID (Passport) or Citizen Card
• You past three payroll documents
• Floor plan of the property you intend to purchase
• Documents of your other incoming sources (if applicable)
• A Credit Report
• Your latest income tax return and the notice of settlement
• Bank statements (both for Portugal and other countries)
• Employment Letter of Confirmation

Property Taxes in Portugal

When buying real estate in Braga, Portugal, you will need to account for property taxes, which can be due either at the time of purchase or annually.

Property taxes to consider at the time of purchase

At the time of purchase, you will need to pay:

• Property Purchase Tax (IMT): Ranging from 0-10 percent and levied on the property purchase price. The 0-8 percent range depends on the property price, location, type, and intended use of the property, while there is a flat 10 percent rate if the buyer has connections to blacklisted jurisdictions that have more favorable tax regimes.
• Stamp duty: 0.8 percent of the value of the property or the value of the business

Property taxes to consider annually

Municipal Property Tax (IMI): IMI ranges from 0.3 to 0.5 percent of the total real estate value for urban properties. For rural properties, it’s 0.8 percent.

Addition to IMI (AIMA): Owners of Portuguese real estate with a value of more than €600,001 are subject to the additional property tax, AIMI.

• €600,001 to €1 million: 0.7 percent
• €1 million to €2 million: 1 percent
• €2 million or more: 1.5 percent

You can find out more about property taxes in our definitive article on the topic: Property Taxes in Portugal.

Seek Expert Advice

When looking to buy Braga, Portugal, real estate, enlist the assistance of a real estate agent and a property lawyer.

Real estate agent

We highly recommend seeking out the assistance of a real estate agent in Braga or a buyer’s agent to assist you with the purchase. Bear in mind that real estate agents in Portugal work on behalf of the seller and may get a higher commission for a higher sale. As such, working with a buyer’s agent can be a better option, where they will protect your interests, working solely for you.

Real estate lawyer

To avoid pitfalls, such as legal issues with either the property or the seller, work with experienced real estate lawyers. They will be able to ensure you have all the correct documents, conduct thorough due diligence, and ensure all legal requirements are met.

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

• Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
• Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
• Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
• Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
• Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.