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Podcast: Offshore Tax with HTJ.tax
Episode: Taxes and Fees When Buying Real Estate in Portugal
Description: Buying property in Portugal involves more than just the purchase price. In this episode, we walk through the key taxes and fees every buyerâlocal or foreignâshould budget for when acquiring real estate in Portugal.Understanding these costs upfront helps avoid surprises and ensures smoother transactions.đ In This Episode, Youâll Learn:1ď¸âŁ IMT â Property Transfer TaxThe main tax payable on acquisition is IMT (Imposto Municipal sobre as TransmissĂľes Onerosas de ImĂłveis). ⢠IMT is calculated based on the type of property (urban, rural, residential, etc.) ⢠The rate incre...