Registering Property in Guinea-Bissau
This topic examines the steps, time, and cost involved in registering property in Guinea-Bissau.
Export to Excel | Local partners | Methodology
View all indicator data and topic details for this economy.
This topic examines the steps, time, and cost involved in registering property in Guinea-Bissau.
Export to Excel | Local partners | Methodology
View all indicator data and topic details for this economy.| Procedure | Time to complete: | Cost to complete: | |
|---|---|---|---|
| 1 | Verify the signature of the the seller at the notary | 1 day | CFA 231 for one signature |
| 2 | Obtain property title from the property registry (certidão de registro predial) | 12 days | CFA 2,000 |
| 3 | Pay property transfer tax and obtain tax clearance from tax authority | 1 - 2 days | 2% of property value |
| 4 | Parties request the notary to prepare and execute the sale purchase agreement | 180 days | CFA 150,000 for the public deed (according to scale) + stamp duty (CFA 2000 per page+ 0.5% of half of property value) |
| 5 | Obtain copy of the public deed (certidão de escritura) from the notary | 1 day | included in previous procedure |
| 6 | Pick up Form at the property registry | 1 day | 250 CFA for the Form |
| 7 | Verify signatures at notary | 1 day | CFA 231 for one signature |
| 8 | Obtain the new property title (certidão predial) | 12 days | Total cost approximately CFA 90, 111 |
| 9 | Submit a copy of the property title to municipality | 1 day | No cost |