Property purchase costs in Portugal

We recommend allowing around 6-8 % of the purchase price to cover the costs of purchase for properties under €1.000.000,00 and if over a million then it is closer to 10%.

The costs associated with buying property in Portugal are as follows:

Transfer Tax
(IMT between 6-8% under a million and 7.5% over a million):
Transfer tax is on a sliding scale and depends whether it is your primary residence or a second home

Stamp Duty
(0.8% of the purchase price)
Purchase tax.

Lawyers' Fees
(around 1% of the purchase price plus VAT):
Lawyers can take care of all the legal issues involved in purchasing a property in Portugal. They will look after your interests at all stages of the transaction, making sure that all licences are in place, that the contracts are in order to be signed and they will clarify any legal questions that you may have.

Notary and Registration Fees
(approximately €950):
The Notary is the official department from the government that will give you the official certified documents that prove that you own the property. The land registry will record you as the legal owner of the property and provide the lawyers with official confirmation.

Mortgage Stamp Duty:
This is an additional tax based on the amount of mortgage that you may take.

We recommend allowing around 6-8 % of the purchase price to cover the costs of purchase for properties under €1.000.000,00 and if over a million then it is closer to 10%.

The costs associated with buying property in Portugal are as follows:

Transfer Tax (IMT between 6-8% under a million and 7.5% over a million):
Transfer tax is on a sliding scale and depends whether it is your primary residence or a second home

Stamp Duty (0.8% of the purchase price)
Purchase tax.

Lawyers Fees (around 1% of the purchase price plus VAT):
A lawyer can take care of all the legal issues involved in purchasing a property in Portugal. They will look after your interests at all stages of the transaction, making sure that all licenses are in place, that the contracts are in order to be signed and they will clarify any legal questions that you may have.

Notary & Registration Fees (approximately €950):
The Notary is the official department from the government that will give you the official certified documents that prove that you own the property. The land registry will record you as the legal owner of the property and provide the lawyers with official confirmation.

Mortgage Stamp Duty
This is an additional tax based on the amount of mortgage that you may take.

We recommend allowing around 6-8 % of the purchase price to cover the costs of purchase for properties under €1.000.000,00 and if over a million then it is closer to 10%.

The costs associated with buying property in Portugal are as follows:

Transfer Tax (IMT between 6-8% under a million and 7.5% over a million):
Transfer tax is on a sliding scale and depends whether it is your primary residence or a second home

Stamp Duty (0.8% of the purchase price)
Purchase tax.

Lawyers Fees (around 1% of the purchase price plus VAT):
A lawyer can take care of all the legal issues involved in purchasing a property in Portugal. They will look after your interests at all stages of the transaction, making sure that all licenses are in place, that the contracts are in order to be signed and they will clarify any legal questions that you may have.

Notary & Registration Fees (approximately €950):
The Notary is the official department from the government that will give you the official certified documents that prove that you own the property. The land registry will record you as the legal owner of the property and provide the lawyers with official confirmation.

Mortgage Stamp Duty
This is an additional tax based on the amount of mortgage that you may take.

We recommend allowing around 6-8 % of the purchase price to cover the costs of purchase for properties under €1.000.000,00 and if over a million then it is closer to 10%.

The costs associated with buying property in Portugal are as follows:

Transfer Tax
(IMT between 6-8% under a million and 7.5% over a million):
Transfer tax is on a sliding scale and depends whether it is your primary residence or a second home

Stamp Duty
(0.8% of the purchase price)
Purchase tax.

Lawyers' Fees
(around 1% of the purchase price plus VAT):
Lawyers can take care of all the legal issues involved in purchasing a property in Portugal. They will look after your interests at all stages of the transaction, making sure that all licences are in place, that the contracts are in order to be signed and they will clarify any legal questions that you may have.

Notary and Registration Fees
(approximately €950):
The Notary is the official department from the government that will give you the official certified documents that prove that you own the property. The land registry will record you as the legal owner of the property and provide the lawyers with official confirmation.

Mortgage Stamp Duty:
This is an additional tax based on the amount of mortgage that you may take.