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New Building Permits Building Regime
A New Building Permits Legal Regime was recently enacted in Cape Werde by way of Decree-Law 19/2011, of 28 February 2011.
Commercial Licensing Overview
The present Law, legislating on the installation or modification permit for retail establishments, imposes a specific type of licensing when:
- a) There is a sale area exceeding 500 m2 or, regardless of its area,
- b) Such establishment is part of a company that uses one or more trade names, or is part of a group of companies that has, on a national level, an accumulated sales area of 5000 m2 or more.
Regime on Mortgage Bonds and Mortgage Credit Institutions
The regime on mortgage bonds and mortgage credit institutions iscurrently set out by Decree-Law no. 59/2006 of 20 March.
BUYING A PROPERTY IN PORTUGAL
According to the Portuguese Civil Code, the purchase and sale of any immovable property, urban or rural, must be consigned on a notary deed.
