+351 289103471
(chamada para rede fixa nacional)
 | info@olivehomes.com
(0)
  • EUR
  • GBP
+351 289103471 | info@olivehomes.com

Buying & Selling

Buying and Ownership Costs - Download our brochure!

Buying and Ownership Costs - How much and what are they? 

 
Buying a property in Portugal has associated costs that vary on a sliding scale but typically cost between 8-10% of the purchase price. These are usually all payable at completion. Read more to find out what they are and who you are paying.
 
As with most countries the majority of the costs are taxes which are paid to the government. This is called the IMT - or transfer tax. See below for the latest rates.
 
You will also pay Stamp Duty (Imposto de Selo) - and this is charged at 0.8% of the purchase price. 
 
On top of this you will also need to pay for the land registry fee, fiscal set up fees and the notary (this is a government official who overviews the transaction). These usually cost in the region of 2,000 euros.
 
The only fee you pay from which you will see value is the fee to a firm of lawyers. The standard fee for most transactions is between 1% and 1.25%, plus iva, but we can normally negotiate a lower fee for higher value properties. 
 
For more information download our brochure (link below) which has more detailed information about the buying costs and running costs of property ownership in Portugal.
 
Please note the amounts for IMT (Transfer Tax) have been updated (2024) so the following figures should be used;
 
Primary Residence
 
Up to €101,917 0%
Up to €139,412 2% less €2,038.34
Up to €190,086 5% less €6,220.70
Up to €316,772 7% less €10,022.42
Up to €633,453 8% less €13,190.14
Up to €1,102,920 flat rate of 6%
In excess of €1,102,920 flat rate of 7.5%
 
Second Home
 
Up to €101,917 1%
Up to €139,412 2% less €1,019.17
Up to €190,086 5% less €5,201.53
Up to €316,772 7% less €9,003.25
Up to €607,528 8% less €12,170.97
Up to €1,102,920 flat rate of 6%
In excess of €1,102,920 flat rate of 7.5%
 

Downloads

Featured Information

Trending Searches

Search

Favorites
  • EUR
  • GBP