Some additional Information

For Main Habitation / Residential property, the calculation chart is as follows (Year 2008):

Valores sobre os quais incide o IMT (Euros)	Taxa Marginal a aplicar (em percentagem)	Parcela a abater (Euros)
Até € 87.500	0%	€ 0
De € 87.500 até € 119.700	2%	€ 1.750
De € 119.700 até € 163.200	5%	€ 5.341,01
De € 163.200 até € 272.000	7%	€ 8.605,05
De € 272.000 até € 543.900	8%	€ 11.324,99
Superior a € 543.900	Taxa Única de 6%

•  For Second Habitation (holiday home), the calculation chart is as follows (Year 2008):

Valores sobre os quais incide o IMT (Euros)	Taxa Marginal a aplicar (em percentagem)	Parcela a abater (Euros)
Até € 87.500	1%	€ 0
De € 87.500 até € 119.700	2%	€ 875
De € 119.700 até € 163.200	5%	€  4.466,01
De € 163.200 até € 272.000	7%	€ 7.729,97
De € 272.000 até € 543.900	8%	€  10.449,97
Superior a € 543.900	Taxa Única de 6%

 

• Rural (“Rustic”) property (land) pay a unique tax of 5% of the value
• Non-residential property pay a fixed tax of 6,5%

• The Notary fee is around 1,5% of the purchase value
• The Land Registry fee is approx. € 150 for each request of acquisition.
• And finally, the Lawyer´s or Solicitor´s fees.

Any person who wishes to purchase a property in Portugal must register by the Tax Department for obtaining of a “Fiscal Number” (NIF). A non-resident will have to indicate a fiscal representative by the tax department.