WhatsApp / WeChat +351 910335991 +351 213 471 603 info@portugalhomes.com English Taxes in Portugal Here is our quick guide to taxes in Portugal when buying a property in Portugal. For the full comprehensive list of all the taxes associated not only when buying but after purchase including rentals and income tax please fill out the form at the bottom of the page to download it instantly. In this video, Portugal Homes’ Co-Founder and CEO, David Poston, elaborates on the costs of buying a home in Portugal. There are some government costs, Legal fees and if you choose to live overseas, fiscal representation services that companies like Portugal Homes can provide. IMT The biggest tax here in Portugal when you buy a property is called IMT (Imposto Municipal Sobre Transações) and it is calculated as a percentage of your purchase price; there is a variable discount against your percentage that is also dependant on your purchase price. The range is from 2% to 6% on residential purchases, and 6.5% for commercial properties. Properties under €92.000 are exempt. The IMT can be paid moments before the deed. Stamp Duty 0.8% of the agreed Purchase Price, to be payed during the deed. Lawyers’ Fees Usually paid either in advance or 50/50, depending on the lawyer and the work involved at the beginning. Lawyers fees are broken into lots of different sectors such as Conveyancing, Fiscal Representation, Golden Visa Acquisition, and Non- Habitual Residence Application. Notary and Land Registry Fees These are also payable at or just after the deeds and usually total around 1000€. As the taxes you have to pay depend on your purchase price; it is difficult for us to put a number on it until you have chosen a property of interest. However, expect 8% of your purchase to cover all stamps fees and taxes. If you would like a full breakdown of all your taxes when buying and renting a property in Portugal then please download our Guide to Portugal which includes everything you need to know when buying a house in Portugal. Useful information: What are the running costs of a house in Portugal? Housing prices in the historic centre of Lisbon Subject of Enquiry I need to speak to an Advisor I want to Buy a property I want to Sell my property I want to know more about the Golden Visa I’m interested in Investment Properties I’m interested in Holiday Homes More information on Family relocation I want to know more about Tax Schemes I’m interested in Fiscal Representation I need Property Management services I want to become a Partner I want to work at Portugal Homes I want to buy I want to sell Other Subject of Enquiry Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer. GET IN TOUCH Search for your Perfect Portugal Property Today SEARCH NOW Property for sale in Portugal Get in touch Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer. SUBMIT ENQUIRY Property Types – Homes – Commercial – Developments Popular Searches – Properties for Sale in Lisbon – Properties for Sale in Baixa – Properties for Sale in Avenida da Liberdade – Properties for Sale in Chiado Area Guide – Lisbon – Baixa – Avenida da Liberdade – Chiado About Us – Directors – Meet the Team – Our Vision Useful Links – NHR – Golden Visa – After Sales – Portugal Guide More Information – Contact Us – Careers – Terms & Conditions – Privacy Policy – Testimonials – News – Media CONTACT US CAREERS TERMS & CONDITIONS PRIVACY POLICY NEWS Sign up now for property newsletter JOIN +351 213 471 603 WhatsApp / WeChat: +351 910335991 info@portugalhomes.com We use cookies to provide you a better service, for measurement and analytics purposes. By continuing to use this website you consent to our use of cookies as described in our Privacy Policy. Accept