True cost of buying · PT

Cost of buying property in Portugal

Portugal's purchase costs are moderate by Western-European standards — budget roughly 6–8% on top of the price for most homes. The transfer tax (IMT) is progressive, so cheaper homes pay proportionally less. Here is the full one-off breakdown plus the recurring IMI and AIMI you carry each year.

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All-in estimate

≈ 6–8% of price (all-in one-off)

One-off purchase costs

Transfer tax (IMT)
0–8%
Progressive. For 2026 the brackets are uplifted so IMT only bites above ~€106,346, rising to a top marginal band of ~7.5–8% on higher-value homes.
Stamp duty (Imposto do Selo)
0.8%
Flat, on the deed value.
Notary + registration
0.5–1%
Notary deed (escritura) and Land Registry / conservatória.
Legal / conveyancing
1–1.5%
Independent lawyer (advogado); reviews the CPCV and runs title checks.
Fiscal representative (non-EU)
€150–300/yr
Required for non-EU non-residents until you become resident.

Annual costs of ownership

IMI (municipal property tax)
0.3–0.45%
Annual, on the taxable (VPT) value.
AIMI (wealth surcharge)
0.7–1.5%
Only on the portion of Portuguese property value above €600,000 per owner.
Rental income tax (if let)
25%
Flat on net rent for non-residents; progressive if resident.
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Frequently asked

How much does it cost to buy a house in Portugal?

Budget roughly 6–8% of the price all-in: progressive IMT transfer tax (up to ~7.5–8% on higher-value homes, less on cheaper ones), 0.8% stamp duty, plus notary, registration and legal fees of about 1.5–2.5% combined.

What is AIMI and will I pay it?

AIMI is Portugal's annual wealth surcharge on property. You only pay it on the share of your Portuguese property value above €600,000 per owner, at 0.7–1.5%. Most single-home buyers under that threshold pay nothing.

Do I need a fiscal representative in Portugal?

If you are a non-EU non-resident, yes — a representante fiscal receives tax correspondence on your behalf, costing roughly €150–300/year, until you become Portuguese tax resident. EU citizens are exempt.

Figures are 2026 estimates given as ranges; regional rates and personal circumstances vary. Use the calculator for a price-specific figure and confirm with a local professional before committing.