Reserve and repair fund rules in Portugal
A common reserve fund (fundo comum de reserva) is mandatory in every condominium, to pay for the conservation of the building. Each owner contributes at least 10 per cent of their share of the other condominium expenses.
What the law says
É obrigatória a constituição, em cada condomínio, de um fundo comum de reserva para custear as despesas de conservação do edifício ou conjunto de edifícios.Last verified:
Also relevant
Cada condómino contribui para esse fundo com uma quantia correspondente a, pelo menos, 10 % da sua quota-parte nas restantes despesas do condomínio.What this means in practice
The fund must be deposited with a bank and is administered by the owners' assembly. If the assembly uses it for a different purpose, the owners must pay an extraordinary contribution to restore the amount within 12 months. The 10 per cent is a floor on the share of the other expenses, not 10 per cent of the budget. The articles read for this page set no rules such as a waiting period before first use or a separate account in the condominium's name.
Where Unitify fits
Unitify keeps a balance per unit and records each contribution against the right unit. The size of the fund and what it may be spent on come from the law above and from the owners' decisions.
How this works in UnitifyQuestions and answers
- What does the law say about the reserve or repair fund in Portugal?
- A common reserve fund (fundo comum de reserva) is mandatory in every condominium, to pay for the conservation of the building. Each owner contributes at least 10 per cent of their share of the other condominium expenses.
- Where does this come from, and when was it checked?
- The quotation is from Decreto-Lei n.º 268/94, art. 4.º, n.os 1 e 2, at the official source linked on this page. It was last checked against that source on October 8, 2026.