The new housing tax package approved by the Government aims, in broad terms, to respond to the housing and access-to-housing crisis currently affecting the country. There is an urgent need to increase the supply of homes on the market at prices that most people can afford, both to buy and to rent.
In this Q&A guide prepared for idealista/news, tax lawyers André Areias and Beatriz Vale Rêgo of Cuatrecasas explain what changes with the housing package, who can benefit from the new rules and the main tax points to consider in real estate transactions.
Buying or renting a place of your own is one of the biggest decisions you’ll ever make. Living alone brings plenty of upsides, like freedom and privacy, but it also comes with responsibilities that are easy to underestimate.We’re talking about the monthly and annual costs of maintaining a home.
The government has approved a decree amending the legal framework governing the simplified cadastral information system and the Single Building Service Desk (BUPi).
Selling a house in Portugal might look straightforward at the moment. The property market is performing at record levels, with prices continuing to climb — reaching €6,059 per m² in Lisbon and €4,060 per m² in Porto in February 2026.
Few issues create as much confusion and stress as the capital gains tax when selling a house. Understanding whether you need to pay capital gains tax, and how much, is essential before completing a property sale. In simple terms, capital gains refer to the profit made on the sale of a property.
For most residents who file their tax return in Portugal, the Tax Authority already holds much of the information needed for the automatic IRS return, based on invoices and data reported by employers, banks and other entities. However, some types of income and deductions are not filled in autom
If you’ve been scanning listings in the Algarve, eyeing up townhouses in Lisbon, or thinking about a slower pace in the Alentejo, having a clear checklist for buying property in Portugal makes the whole process far less daunting. The system for buying a house in Portugal isn’t especially compli
The government has approved a decree aimed at resolving the long-standing issue of undivided inheritances, where legal deadlock between heirs often leaves properties empty and tied up for years. Under the new rules, one or more heirs will be able to start the sale of a property after two years,
Are you thinking about moving to Portugal or investing in Portuguese property in 2026? Whether your goal is a permanent home, a holiday villa, or a buy-to-let investment, understanding the full cost of buying property in Portugal is crucial.
Understanding Stamp Duty in Portugal, known locally as "Imposto do Selo," is essential for anyone involved in property transactions or legal acts within Portugal.
When settling accounts in the division of assets in divorce and inheritance proceedings, "tornas" or returns are paid by a party to compensate another.
Returns follow legal procedures that are crucial to understand when it comes to sharing assets.
A rise in interest rates on mortgages is a scenario that is on the table, and the European Central Bank (ECB) has already admitted the possibility of increasing the key interest rate in 2022.
Buying a property in Portugal - be it a flat, a house, a farm, or a plot of land - is a rather complex process and implies compliance with several legal requirements.
The exchange of real estate, also known as a house swap, has been gaining more and more importance in the real estate market in Portugal, where this process is called "permuta".
First things first, what is IMI property tax in Portugal? IMI is a Municipal Property Tax which is updated and must be paid annually by the owners of properties or land in Portugal. In technical terms, IMI is levied on the Taxable Asset Value (VPT), i.e.
84 municipalities in Portugal have decided to reduce Municipal Property Tax (IMI) rates for homeowners in 2021, in respect of the properties they owned on 31st December 2020.
The tax authorities have begun processing the first IRS income tax returns in Portugal despite no promises from the government, with taxpayers already receiving their refunds.
Every year, municipalities have to determine and communicate to the Finance Department by December 31st, the amount of Municipal Property Tax (IMI) for real estate they intend to charge owners in their respective municipalities.