PropertyLisbon – A Guide on Taxes in Portugal
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Taxes
PropertyLisbon has compiled this quick and simple guide on taxes in the country of Portugal that are relevant to purchasing a property in the country. For the full and comprehensive list of all the taxes in the country of Portugal that are associated not only with the purchase of the property but also with the after-purchase timeline, which includes the rentals as well as the income taxes, please fill out the form that we have provided at the bottom of the page to download it instantly.
The IMT Tax
The largest tax in the country of Portugal when one makes a purchase of a property is called the IMT tax – the Imposto Municipal Sobre Transações -. The IMT tax is payable as soon as the investor has done the deeds process of the purchase, and it is calculated as a percentage of the purchase price. There may be a variable discount against the percentage, but it is dependent on the value of the initial purchase price. If this sounds confusing to you, do not fret, we can explain it all in much greater detail and with much greater clarity to you in person. Which is why we encourage you to contact us and schedule and appointment. The range of the IMT tax is usually somewhere between two percent and up to six percent on residential property purchases, while it stands at the flat rate of six point five percent on purchases of commercial properties.
GREAT SOURCE OF PORTUGAL PROPERTY FOR SALE BY TYPE
The properties the value of which is below ninety two thousand Euros are exempt from the IMT tax. This tax is payable at the deeds part of the process of purchase.
The Stamp Duty Tax
The zero point eight percent of the agreed upon purchase price payable at the deeds part of the process of purchase.
The Lawyers Fees Tax
The lawyer fees tax is usually paid either in advance or fifty-fifty on the lawyer and the work involved at the beginning. The lawyer fees taxes are usually broken down into a number of different sectors such as – the conveyancing tax, the fiscal representation tax, the Golden Visa acquisition tax, and the non-habitual residence application tax.
The Notary Tax and The Land Registry Fees
Both of these are also payable at the or just after the deeds part of the process of purchase, and usually total at around one thousand Euros.
As the taxes will be dependent on the purchase price of the property, it is kind of difficult for us to put a definite number on it until the investor has chosen a specific property of interest. Therefore, as a rule, if the investor allows eight percent above their purchase to cover everything they should not be far away. Anyone who would like to receive a full breakdown of all their taxes when purchasing and renting out property in the country of Portugal is welcome to download our comprehensive Guide to Portugal which includes everything that is needed when purchasing property in our country, along with all our advice relevant to the subject
Portugal Golden Visa Property Investment
Golden Visa 350 program in Lapa
This development is eligible for the Golden Visa 350 program. Lapa 61 is set to be completed by January 2021. This small development consists of 4 floors and offers both 1 bedroom and 2 bedroom apartments. All units enjoy fitted kitchens with all new appliances. Minimalism and simplicity in the heart of the Lapa district. […]
The Alcântara area is a neighborhood on the riverfront of Lisbon. Here you can find a beautiful residential area with small commerce and the famous LX FActory, that features nice trendy shops, cosy cafés, hip restaurants, and many professional hubs. It was a former factory compound recently turned in a creative and leisure space. You […]
New Studios 190k for 350,000 Golden Visa Buy 2 units
The Alcântara area is a neighborhood on the riverfront of Lisbon. Here you can find a beautiful residential area with small commerce and the famous LX FActory, that features nice trendy shops, cosy cafés, hip restaurants, and many professional hubs. It was a former factory compound recently turned in a creative and leisure space. You […]
The Alcântara area is a neighborhood on the riverfront of Lisbon. Here you can find a beautiful residential area with small commerce and the famous LX FActory, that features nice trendy shops, cosy cafés, hip restaurants, and many professional hubs. It was a former factory compound recently turned in a creative and leisure space. You […]
This property is eligible for The Golden Visa 350 Program. This 3 bedroom apartment rests on the border of the downtown Baixa Chiado district and the old moorish quarter of Mouraria. Just steps away from Rossio square and the famous and pedestrianized street of Rua Augusto. A space well distributed, this 4th floor apartment offers […]
2 Bed Apartment in Lisbon – 360000€
2 Bedroom Apartment Eligible for 350 GV Program This apartment will be delivered completely renovated and is eligible for the 350 Golden Visa Program and features 2 bedrooms, 1 bathroom and an enclosed balcony. Additional photos were included to show previous projects carried out by the same developer. Exploring the area you can enjoy the famous […]
2 Bed Apartment in Lisbon – 360000€
2 Bedroom Apartment Eligible for 350 GV Program This apartment will be delivered completely renovated and is eligible for the 350 Golden Visa Program and features 2 bedrooms, 1 bathroom, additional storage space and a shared garden and pool with top floor unit. It also has a communal meeting room and the building has been […]
2 Bed for 350k Golden visa includes short term rental license Furniture and buying costs – one left
Penha de França tops one of the seven Lisbon hills, and some of the best views of the city are available from this vantage point as one looks out over the city to the Northeast. Conversely, the Penha de França church’s domes appear on Lisbon’s horizon. As a lesser-known area, Penha de França’s excellent location, […]
Consists of 16 apartments spread over 4 levels and articulated around the interior patio giving it a unique charm and leading to a private garden of more than 200 m2 quiet with pool. The project offers three studios, six 1 bedrooms, six 2 bedrooms and one 3 bedrooms. The apartments have surfaces between 30 and […]
Consists of 16 apartments spread over 4 levels and articulated around the interior patio giving it a unique charm and leading to a private garden of more than 200 m2 quiet with pool. The project offers three studios, six 1 bedrooms, six 2 bedrooms and one 3 bedrooms. The apartments have surfaces between 30 and […]
350k Golden visa project with Gardens and pool very rare
Consists of 16 apartments spread over 4 levels and articulated around the interior patio giving it a unique charm and leading to a private garden of more than 200 m2 quiet with pool. The project offers three studios, six 1 bedrooms, six 2 bedrooms and one 3 bedrooms. The apartments have surfaces between 30 and […]
Stunning investment in a Golden Visa new development Arroios is a central neighborhood in Lisbon. This area preserved its original buildings and typical architecture englobing residential and commerce areas. It is a very attractive area for young families, students, young professionals, and tourists as well. This area goes from Largo do Intendente Pina Manique, with […]
