Property taxation in Portugal
As in France, the acquisition of a primary or secondary residence is also subject to real estate taxation in Portugal. Below you'll find full details of real estate taxation in Portugal. Portugal.
As in France, the acquisition of a primary or secondary residence is also subject to real estate taxation in Portugal. Below you'll find full details of real estate taxation in Portugal. Portugal.
The basic charge is a fixed amount of 0.8% calculated on the value of the purchase, or the tax value. When the latter is higher.
This is a tax calculated on the value of the purchase, or fiscal value. When the latter is higher, the following scale applies:
Amount | DISCOUNT |
Up to €97,407 | 1% without allowances |
From €92,408 to €126,403 | 2% with an allowance of €924.07. |
From €126,404 to €172,348 | 5% with an allowance of €4,716.16 |
From €172,349 to €287,213 | 7% with an allowance of €8,163.12 |
From €287,214 to €550,836 | 8% with an allowance |
Above €550,836 | fixed rate of 6% |
For building land | fixed rate of 6.5% |
For agricultural land | fixed rate of 5% |
ITM and stamp duty are paid only once, at the time of purchase.
This is an annual tax, calculated on the taxable value of the property according to the following scale:
This rate is set by each municipality (Câmara Municipal). It is also paid as follows:
Some town councils also levy a tax for sewer system maintenance (Taxa de Conservação de Esgotos). Each municipality sets the amount. In some municipalities, this tax may also be included in the water bill.
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