Property Tax

The Secretary of State for Fiscal Affairs, Cláudia Reis Duarte, admitted this Tuesday in Lisbon that the reduction in VAT to 6% on the construction of housing for sale or rent “is naturally [...]

Portugal’s government has agreed a new IMT flat tax of 7.5%  on property for overseas residents who are not domiciled in the country for tax purposes. It is one element of what are certainly the [...]

The President of Portugal ’s Association of Notaries, Jorge Batista Da Silva, has called for taxes on the sale of houses that are inherited to be abolished. Inheritance tax itself was abolished [...]

Revenues from property transfer taxes soared 42.6% to April, bringing in €734.9 million in the first four months of 2025. Data from the budget execution to April shows that revenues from the [...]

There has been an increased demand for mortgages from young people aged 35 and under following the government’s decision to exempt this age group from paying property taxes. According to a [...]

Portugal’s centre-right coalition government led by Prime Minister Luís Montenegro is mulling an IRS tax exemption on capital gains from house sales from this year. According to Jornal de [...]

The IMI property tax on builders and developers for urban construction will remain set at €665/m2 in 2024. Under the terms of decree No16/2024 published today (Friday, Jan, 26) the average [...]

Almost one in five local authorities or 194 councils will reduce their property tax in 2024 according to Jornal de Negócios. In practice, it means that more councils will opt to make a minimum [...]

Portugal’s municipal property tax IMI is to increase by 6.75% next year on apartment buildings that are subject to Tax on Patrimony (Valor Patrimonial Tributário – VPT) charged by the tax [...]

The leader of Portugal’s centre-right CDS party Nuno Mello has a lot on his plate to resurrect the fortunes of his party of 50,000 party members. He has the populist far right party Chega nipping [...]