IMT – Property Purchase Tax

Property purchased on Portuguese soil is subject to property tax (IMT), whatever the buyer’s nationality. IMT is paid by the buyer. Property purchase tax rates vary according to whether the building is in the town or country and if it is in a town on whether the building is dwelling or not.
Stamp duty: Property acquisition is also subject to stamp duty, which is paid by the buyer at a rate of 0,8% of the transaction price or VPT (the rateable value), whichever is higher.