Portugal
Taxes & Costs — Portugal
IMT (property transfer tax), Imposto de Selo (stamp duty), and IMI (annual property tax) — Portugal's tax framework explained with real numbers.
Updated February 2026
Portugal
IMT is the main transfer tax on property purchases in Portugal. Rates are progressive (sliding scale) and depend on: purchase price, primary vs secondary/holiday use, and whether the buyer is EU or non-EU.
IMT rates for secondary/holiday homes (mainland Portugal, 2025)
- Up to €104,261: 1%
- €104,261–€142,618: 2% (minus €1,042.61 deduction)
- €142,618–€194,458: 5% (minus €5,320.37)
- €194,458–€324,058: 7% (minus €9,209.53)
- €324,058–€621,501: 8% (minus €12,449.11)
- €621,501–€1,128,287: 6% (flat, no bracket deduction)
- Above €1,128,287: 7.5% (flat)
IMT for primary residences
Lower brackets — zero IMT up to €104,261, then 2–8% on progressive bands.
Non-EU buyers
Non-EU nationals pay a flat 7.5% IMT regardless of price.
Imposto de Selo (Stamp Duty)
0.8% of purchase price, payable on all transactions.
Total acquisition cost breakdown (€300,000 Alentejo farmhouse, secondary home, EU buyer)
- IMT (approx. 6.6% effective rate): ~€19,800
- Stamp duty (0.8%): €2,400
- Notary/land registry: ~€2,400
- Legal fees (~1.5%): ~€4,500
- Total acquisition cost: ~€29,100 (approx. 9.7%)
Based on AT Portugal, PwC Portugal Tax Guide 2025
Last reviewed: Feb 2026