City Apartment in Lisbon's Chiado District for a London Couple
€480,000 · 20 years · Euribor +1.05%. A professional couple based in London fell in love with Lisbon and wanted to buy a pied-à-terre in the Chiado district.
The Client
UK Residents - Holiday Home
The Challenge
A professional couple based in London fell in love with Lisbon and wanted to buy a pied-à-terre in the Chiado district. They had no Portuguese banking history, no NIF numbers, and had never bought property outside the UK. The purchase needed to complete within ten weeks due to the vendor's timeline.
Our Solution
Doulton fast-tracked the NIF registration, opened a Portuguese bank account remotely, and placed the mortgage with a Lisbon-based lender experienced with UK non-resident buyers. All legal work was handled by a bilingual Portuguese advogado.
The Outcome
Apartment purchased within the vendor's deadline. Used primarily as a personal base, with occasional weeks available through a boutique Lisbon lettings agency. Capital growth in Chiado since purchase has been strong. Key highlights: NIF registration fast-tracked; Remote bank account opening facilitated; Purchased within 10-week vendor deadline.