Portugal's property taxes are relatively straightforward, but two areas changed recently — the residency programme and the non-habitual-resident regime — so it is worth a fresh look. General information only.
This is general information, not tax, legal or financial advice. Rates and rules are summarised as of early 2026, vary by region and property value, and change frequently. Onora does not verify figures or give advice — always confirm with a qualified local adviser before acting. See our disclaimer.
At a glance
| Tax | Indicative basis (early 2026) |
|---|---|
| Transfer tax (IMT) | progressive, up to ~7.5–8% |
| Stamp duty | 0.8% of price |
| Annual property tax (IMI) | ~0.3–0.45% urban (AIMI on high values) |
| Rental income | 28% flat (non-resident), reductions for long lets |
| Capital gains (non-resident) | ~28% flat on the gain |
At purchase
IMT (Imposto Municipal sobre Transmissões) is a progressive transfer tax that rises with price, reaching roughly 7.5–8% at the top bands; lower-value purchases pay much less. Add 0.8% stamp duty and budget ~1–2% for notary and registration.
