IMT and stamp duty in Portugal (2026)

The IMT table for 2026

For a permanent own home (habitação própria e permanente) in mainland Portugal, on the higher of the price and the tax value (VPT). In the first five bands the tax is the value times the rate, minus the band’s deduction; in the last two it is a single rate on the whole value.

• Up to €106,346: exempt
• Over €106,346 up to €145,470: 2%, minus €2,126.92
• Over €145,470 up to €198,347: 5%, minus €6,491.02
• Over €198,347 up to €330,539: 7%, minus €10,457.96
• Over €330,539 up to €660,982: 8%, minus €13,763.35
• Over €660,982 up to €1,150,853: 6% on the whole value
• Over €1,150,853: 7.5% on the whole value

Second homes, property in the Azores and Madeira, and purchases by companies use different tables.

Stamp duty: two, not one

• On the purchase: 0.8% of the home’s value, paid with the IMT. On a €300,000 home, €2,400.
• On the loan: 0.6% of the amount borrowed, for terms over 5 years, charged by the bank at completion. On a €240,000 loan, €1,440.

Interest on a home loan is exempt from stamp duty, unlike interest on consumer credit.

IMT Jovem: the young buyers’ exemption

Buyers aged 35 or under buying their first permanent home are exempt from IMT and the purchase stamp duty (Decree-Law 48-A/2024). It is not a discount on the bill: it exempts the value up to €330,539, and only the excess pays, at 8%. Above €660,982 the exemption disappears entirely.

On a €400,000 home, for example, you pay €5,556.88 of IMT and €555.69 of stamp duty, instead of €18,236.65 and €3,200. If only one of the buyers qualifies, the exemption covers only their share of the home.

The 0.6% stamp duty on the loan is not covered by the exemption.

Deed and registration

At a Casa Pronta desk, a purchase with a mortgage costs €700, with the purchase and mortgage registrations included; at a notary, each act is paid separately. For buyers aged 35 or under buying a first home up to €330,539, Decree-Law 48-D/2024 exempts the registrations.

The bank’s own fees — valuation, dossier, formalisation, registration — come on top, vary a lot from bank to bank, and are listed in the FINE.

How much cash you need on the day

• The deposit: banks lend up to 90% of the lower of price and valuation on a permanent own home, following the Banco de Portugal’s recommendation. Buyers aged 35 or under can get a state guarantee (Decree-Law 44/2024) that allows up to 100% financing, within limits.
• IMT and purchase stamp duty, paid before the deed.
• Stamp duty on the loan, and the bank’s fees.
• Deed and registration.
• The first insurance premium, if paid upfront.

The deposit (sinal) already paid at the promissory contract comes off what is left to pay.

Working it out for your purchase

qualcredito.com computes IMT and stamp duty on the 2026 table, with the young buyers’ exemption for each borrower, and adds the deed and each bank’s fees to the cost of every offer.