Madeira Island - The Island of Surprises and Smiles
Information and News for Visitors
English | Português | Deutsch
Moving to Madeira : Buying property in Madeira Last Updated: Jun 28, 2008 - 12:29:23 AM


After the promissory contract: what the buyer needs to do if using a mortgage
By Jorge Barbosa
Jul 1, 2007 - 5:39:27 PM


You are on page 1 2 3 of this article:

Email this article
 Printer friendly page

AddThis Social Bookmark Button
Apart from the aforementioned registrations the buyer should also petition the "Conservatória do Registo Predial" a document called the "Certidão de Teor do Imóvel" (or certificate of all the notes/declarative contents of the registration as it stands under the registry). To be able to petition this certificate you need to present the "Caderneta Predial" (Property Card) - either the "urbana" (urban) or "rústica" (rustic) version, depending on the type of property you are buying.

"Urbana" (Urban) properties in a simple way means that the property is linked into an urban town plan or that it has a building on the property. "Rústica" (rustic) properties usually have no buildings on them and are quite often outside of major urbanised areas. However, there are still a lot of rustic properties in even huge town or city centres. In some cases there are buildings on rustic properties - but this is because they are either very old - pre-1954 structures - or are structures built with no permission granted (or, in other cases, that permission is forthcoming).

In those cases where there is no "Caderneta Predial" (Property Card) for an urban property, especially for buildings that are, for example, still being built,  you may then present a document called the "Pedido de Inscrição na Matriz" (proof of the request of the property to be inscribed on the property matrix) issued by the "Repartição de Finanças" (department of finance or tax office) local to the municipality under which the property falls.

<< Previous page - you are now on page 2 - Next page >>



© Copyright 2007 by The Madeira Island Web Site

Top of Page