From January 2025, Portugal will take an important step towards modernising property management with the launch of the Property Identification Number (NIP). This new system aims to assign each property or autonomous fraction a unique code, which will replace the multiple numbers currently used, such as the property description and the matricial number. The main aim is to simplify and unify all the information associated with properties, making it easier to manage and consult this data.
What is the NIP and how does it work?
Dubbed the “citizen’s card” of real estate, the NIP is a measure to better organise the country’s real estate assets and optimise the consultation and analysis of property-related documents. With the introduction of this unique code, the multiple references that often caused confusion and inconsistencies in the records will be eliminated. This new system will allow both owners and other organisations to easily access essential information about each property, quickly and without complications. Among the benefits are:
- Reduced bureaucracy: The elimination of multiple numbers and redundant records, simplifying the consultation process.
- Greater efficiency and transparency: Property management will be more accessible and less prone to errors, promoting greater organisation in the sector.
- Accessibility: The NIP will be available for consultation in the Caderneta Predial, the Portal das Finanças and the Certidão Predial, integrating with the property’s tax and cadastral data.
Implementação gradual: projetos-piloto
The transition to the NIP system will be gradual. Initially, implementation will only take place in pilot projects in the regions of Alfândega da Fé and Lousã. These tests will allow the system to be fine-tuned before it is expanded to the whole of Portugal. After this initial phase, the introduction of the NIP will be progressively adopted throughout the country, allowing owners and entities involved in the property sector to adapt to the new property management and consultation model.
The future of property management in Portugal
This initiative is another step in the process of modernising real estate management in Portugal. With the creation of the NIP, greater efficiency in public and private management is expected, as well as a strengthening of transparency and trust in the property sector. The NIP represents a step forward in the digitalisation of the market, making life easier for owners and entities involved in real estate transactions.
The introduction of the NIP in 2025 promises to revolutionise the way property is managed in Portugal. By centralising all the relevant information in a single code, the system will facilitate the work of owners, tax and administrative authorities and make the process more efficient, transparent and accessible. Contact us for more information on how the NIP can affect the management of your property and how we can help you adapt to this new reality.
