The property transfer tax in Portugal IMT (Imposto Municipal Sobre as Transmissões Onerosas de Imóveis) is the tax on property purchases in Portugal. The property transfer tax in Portugal is payable on almost every change of ownership of a property. The tax is applied for together with the stamp duty (“Imposto de selo”) 24 hours before the purchase (“escritura”) by the notary and you are then given a corresponding payment order. You can either pay the tax directly at the tax office or via online banking. However, a Portuguese bank account is required for online banking. The notary will not proceed with a sale without confirmation of payment of the IMT.
Instructions for simulating the taxes can be found within the calculator.
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