Today, we will walk you through all the essential costs involved when purchasing a property and taking out a mortgage in Portugal. Generally speaking, you should expect fixed costs of around 7–10% of the purchase price.
Below is a Detailed Breakdown of Non-Recurring Costs:
Notary and Registration Costs
When purchasing property in Portugal, a notary must notarize the deed to ensure the transaction is legally valid. These costs vary depending on the complexity and value of the property. On average, you can expect to pay around €1,000, which typically includes the notary services as well as registration of the property and mortgage (if applicable) with the land registry.
Property Transfer Tax (IMT)
IMT Table 2025:
Table I
Mainland Portugal – Primary Residence
Amount on which IMT is charged | Rate | Fixed amount to be deducted |
Up to 104,261€ | 0 % | – |
More than €104,261 up to €142,618 | 2 % | 2.085,22€ |
More than €142,618 up to €194,458 | 5 % | 6.363,76€ |
More than €194,458 up to €324,058 | 7 % | 10.252,92€ |
More than €324,058 up to €648,022 | 8 % | 13.493,50€ |
From 648,022€ up to 1,128,287€ | 6 % | – |
More than €1,128,287 | 7,5 % | – |
Table II
Portugal Mainland – Second Residence / Rental
Amount on which IMT is charged | Rate | Fixed amount to be deducted |
Up to 104,261€ | 1 % | – |
More than €104,261 up to €142,618 | 2 % | 1.042,61€ |
More than €142,618 up to €194,458 | 5 % | 5.321,15€ |
ore than €194,458 up to €324,058 | 7 % | 9.210,31€ |
More than €324,058 up to €621,501 | 8 % | 12.450,89€ |
From 621,501€ up to 1,128,287€ | 6 % | – |
More than €1,128,287 | 7,5 % | – |
Table III
(Açores e Madeira – Primary Residence)
| Amount on which IMT is charged (€) | Rate (%) | Fixed amount to be deducted (€) |
| Up to 130 326 | 0 | – |
| More than 130 326 up to 178 273 | 2 | 2 606,52 |
| More than 178 273 up to 243 073 | 5 | 7 954,71 |
| More than 243 073 up to 405 073 | 7 | 12 816,17 |
| More than 405 073 up to 810 028 | 8 | 16 866,90 |
| More than 810 028 up to 1 410 359 | One-Time Tax: 6% | |
| More than 1 410 359 | One-Time Tax: 7,5% | |
Table IV
(Açores e Madeira – Second Residence / Rental)
| Amount on which IMT is charged (€) | Rate (%) | Fixed amount to be deducted (€) |
| Up to 130 326 | 1 | – |
| More than 130 326 up to 178 273 | 2 | 1 303,26 |
| More than 178 273 up to 243 073 | 5 | 6 651,45 |
| More than 243 073 up to 405 073 | 7 | 11 512,91 |
| More than 405 073 up to 776 876 | 8 | 15 563,64 |
| More than 776 876 up to 1 410 359 | One-Time Tax: 6% | |
| More than 1 410 359 | One-Time Tax: 7,5% | |
https://www.apcmc.pt/legislacao/imt-tabelas-praticas-em-vigor-desde-1-de-janeiro-2025/
👉 Official IMT Tables 2025 – APCMC
Example:
For a second home priced between approximately €324,000 and €621,000, the IMT is 8% of the price minus a fixed amount of €12,450.89.
Other IMT Cases:
- For agricultural land classified as “rústico,” a flat rate of 5% applies.
- For commercial properties, building plots, or licensed tourist units (e.g. resort apartments), the IMT is 6.5%.
- Buyers under 35 may benefit from special programs to ease the purchase of a primary residence.
Stamp Duty
0.8% of the purchase price
Stamp duty is a government fee that validates the legal documentation of the transaction.
Lawyer’s Fees
Approximately 1 – 1.5% of the purchase price (plus VAT)
Hiring a lawyer is highly recommended. A legal professional can:
- Verify the property documents and land registry
- Draft or review the purchase contract
- Clarify legal matters and protect your interests
- Facilitate communication with banks, sellers, and agents
This ensures a secure and smooth purchasing process.
Mortgage Fees
Variable – depends on the bank and mortgage terms
If you are financing your property purchase through a Portuguese bank, expect the following potential fees:
- Property Valuation Fee
- Mortgage Opening Fee
- Contract Formalization Fee
- Mortgage Stamp Duty
More specific details will be outlined in our Mortgage Proposal Document.
For any questions, please don’t hesitate to contact us!
