Portugal Stamp Duty

Stamp Duty (Imposto de Selo) is another transfer tax that will affect property buyers. It is charged for all documents and arrangements in respect of real estate, including deeds, contracts and mortgages. The duty is paid by the buyer and charged at a fixed rate of 0.8% of the property’s registered fiscal value.

• Stamp duty is due on contracts, documents, acts and acquisitions for consideration or donations of property at a general rate of 0.8%
• Free acquisition of goods by individuals, such as inheritance and gifts of Portuguese-sited assets, is also rated at 10% based on the tax value of the asset concerned, although this is exempted in the case of a transfer between direct descendants, such as parents to children or between spouses.
• Long term letting or subletting contracts (applicable to the month rental amount) are also taxed at a 10% rate.