Information about the IMT

The Municipal Property Transfer Tax (IMT) is a tax applied in Portugal on the purchase of real estate. This tax is levied on the transaction value or the tax property value of the property, with the higher value prevailing.

Any individual or entity purchasing a property in Portugal is subject to the IMT payment.

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Any individual or entity purchasing a property in Portugal is subject to the IMT payment.

The IMT calculation is based on progressive tables, which vary depending on the type of property (urban or rural), its purpose (primary or secondary residence), and its value. There are exemptions and reductions for lower-value properties or those intended for primary residence.

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The IMT must be paid before the property deed of sale. The payment receipt is required to formalize the transaction.

Payment can be made at the tax office or through the tax portal, using the payment reference obtained after the tax settlement.

• Tax identification of the buyer.
• Property documentation, including the property booklet and permanent certificate.
• Acquisition declaration, when applicable.

There are situations of exemption or reduction of the IMT, particularly for:

• Acquisition of properties for primary residence up to a certain value limit.
• Properties acquired by public utility institutions.
• Transfers within the scope of inheritances or donations, in certain cases.

• In addition to the IMT, when purchasing a property, the Stamp Duty is also due, calculated on the transaction value.
• It is advisable to consult a specialized professional or the tax office for updated and specific information about the IMT.