What is IMT in Portugal?

IMT (Imposto Municipal sobre Transmissoes Onerosas de Imoveis) is Portugal's Municipal Property Transfer Tax, paid by the buyer at the time of the public deed. Rates range from 0% to 8% on a progressive scale for primary-residence purchases.

How much is IMT on a EUR 330,000 property in Portugal?

For a primary-residence purchase at EUR 330,000 in 2026, the IMT calculation using the Autoridade Tributaria's brackets comes to approximately EUR 13,838 -- an effective rate of about 4.2%.

What is Stamp Duty (Imposto do Selo) in Portugal?

Stamp Duty on property purchases is 0.8% of the transaction value (or VPT if higher). A separate Stamp Duty of 0.6% applies to mortgage loans with maturity over 5 years; 0.5% for loans of 5 years or less.

What is the IMT exemption threshold in Portugal for 2026?

Urban properties purchased as a primary and permanent residence with a value up to EUR 97,064 are exempt from IMT (0% rate). This threshold is set annually by the Autoridade Tributaria via Portaria.

What is IMI and how is it different from IMT?

IMT is a one-time purchase tax paid at closing. IMI (Imposto Municipal sobre Imoveis) is the annual property tax, charged at 0.3% to 0.45% of the property's VPT for urban properties -- a recurring holding cost, not a transaction cost.

Do Golden Visa investors pay IMT?

The five active Golden Visa routes -- funds, active business, job creation, R&D, cultural heritage -- do not involve direct property ownership, so IMT does not apply. The real-estate Golden Visa route was eliminated in October 2023.

Understanding IMT and Stamp Duty When Buying in Portugal | LisbonOS Blog

Complete 2026 guide to IMT and Stamp Duty in Portugal. Real bracket tables, worked EUR 330K example, and total cost estimates for international buyers.