Purchase Costs
Purchase Costs
About the Extra Costs when Purchasing a Property in Portugal they are
-IMT Tax (transmission tax) it depends on various factors namely …
- Price of the Property
- Type of Property (Rustic /Urban)
- Permanent or non Permanent Residency Purpose
-First Property in Portugal or not
- Imposto de Selo (Stamp Duty)
- It is usually 0,8% on the Price of the Property
- Notary Fees and Registration
- Depending on price, type of Property and quantity of properties purchase together
- This Extracosts are only pay once when purchase a Property
- IMI (Council Tax)
- This Tax should be paid once (could be twice or divided in 3 shares )
It depends on the Value of the Property and its Location.
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