Buying a home in Portugal is an exciting experience. However, it's important to note that, along with administrative costs and notary fees, you’ll also have to pay specific and mandatory property taxes, including the immovable property tax (IMI), the property purchase tax (IMT), and stamp duty tax (IS). Each of these taxes is different and is calculated using strict methods.
In Portugal, real estate taxes are required for both residents and non-residents. It’s therefore imperative to be aware of what you need to pay and to understand the differences between real estate taxes and property taxes.
Here’s everything you need to know about the different types of real estate taxes in Portugal.
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A bit more about me:
Welcome to the channel! As a real estate broker, and founder of Bonte Filipidis an expat, I want to help you with tips and tricks to find and create your inspirational dream home and lifestyle in Portugal, Ibiza and St Tropez. I create informative videos, showing you the best places in Portugal, Ibiza and St Tropez, alongside showing you some of the luxury properties on the market.
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