The headline price is only part of the story. Buyers should budget several percent of the purchase price for taxes and fees on top. The exact figures depend on the price, the property type and whether it's your main home, so treat the following as a planning guide and confirm current rates with your lawyer.
One-off costs at purchase
- IMT (property transfer tax) — the biggest variable cost; charged on a progressive scale that rises with price, with reliefs for lower-value primary homes.
- Stamp duty (Imposto do Selo) — a small percentage of the purchase price.
- Notary & land registration — fixed-ish fees to formalise and register the deed.
- Legal fees — typically around 1% of the price (plus VAT) for independent representation.
- Mortgage costs — valuation, arrangement and additional stamp duty if you borrow.
Ongoing costs
- IMI — an annual municipal property tax based on the rateable value.
- AIMI — an additional tax that applies only to higher-value holdings.
- Condominium fees — for apartments and managed developments.
- Insurance & utilities — building insurance is usually required with a mortgage.
Rates and bands change, so verify everything before you commit. See the full buying process and, if you'll let the property, the rental-income notes on our tax page. This is general information, not tax advice.