Tax Guide 2023 – Property Transfer Tax
ᐅ Last reviewed 17 October 2023
Tax basis
Transfer for consideration of real estate located in the Portuguese territory.
Rates
Type of property |
Rate (%) |
|---|---|
Rural property |
5 |
Urban property (except residential) and other acquisitions for consideration |
6.5 |
The acquirer is a tax resident in an offshores (except individuals) |
10 |
Urban property or autonomous fraction of urban property exclusively intended to permanent place of residence
| Value (€) | Marginal rate (%) |
Average rate (%) * |
|---|---|---|
Up to 97,064 |
0 |
0 |
+ 97,064 up to 132,774 |
2 |
0,5379 |
+ 132,774 up to 181,034 |
5 |
17,274 |
+ 181,034 up to 301,688 |
7 |
38,361 |
+ 301,688 up to 603,289 |
8 |
– |
603,289 up to 1,050,400 |
6 (single rate) |
|
Above 1,050,400 |
7.5 (single rate) |
|
* On the upper cap.
Urban property or autonomous fraction of urban property exclusively intended to residence (non-permanent):
Value (€) |
Marginal rate (%) |
Average rate (%) * |
|---|---|---|
Up to 97,064 |
1 |
1 |
+ 97,064 up to 132,774 |
2 |
12,689 |
+ 132,774 up to 181,034 |
5 |
22,636 |
+ 181,034 up to 301,688 |
7 |
41,578 |
+ 301,688 up to 578,598 |
8 |
– |
578,598 up to 1,050,400 |
6 (single rate) |
|
Above 1,050,400 |
7.5% (single rate) |
|
* In the upper cap
Exemptions and reductions
Acquisition of properties by real estate trading companies for resale;
Acquisition of properties that have been subject to urban rehabilitation;
Business restructuring or cooperation arrangements;
Acquisition of buildings classified as national/public/municipal interest;
Acquisition of properties regarded as eligible investment under the Tax Regime for Investment Support (RFAI).
© 2023 PwC. This communication is of an informative nature and intended for general purposes only. It does not address any particular person or entity nor does it relate to any specific situation or circumstance. PricewaterhouseCoopers Tax Services TLS, Lda. We will not accept any responsibility arising from reliance on information hereby transmitted, which is not intended to be a substitute for specific professional business advice.
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