2026 guidance
How IMT applies to different properties
The rate depends on the tax classification and intended use of the property. In every case, the tax base is the higher of purchase price and VPT.
Main permanent home
Portuguese tax residents use the most favourable progressive table. Eligible buyers aged up to 35 may benefit from Youth IMT.
Second home or rental
Second homes and investments use the standard housing table, starting at 1% from the first bracket.
Rural property — 5%
Agricultural land, forests and other rural properties use a flat rate with no progressive brackets.
Other urban property — 6.5%
Shops, offices, warehouses, standalone garages and building land generally use this flat rate.