Quinta Sales - Property Experts
Buying and Selling
 
Quinta Sales

There are various fees to take into account as in any other country, but as a general guide all costs usually come to:

Property Value Lawyers Fees (based on 1%) IMT Notary/Registration (based on 1.5%) Total Total %
100.000 1.000 368 1.500 2.868 2,9%
150.000 1.500 2.502 2.250 6.252 4,2%
200.000 2.000 5.942 3.000 10.942 5,5%
250.000 2.500 9.442 3.500 15.442 6,2%
300.000 3.000 13.392 4.000 20.392 6,8%
350.000 3.500 17.392 4.000 24.892 7,1%
400.000 4.000 21.392 5.200 30.592 7,6%
450.000 4.500 25.392 5.600 35.492 7,9%
500.000 5.000 29.392 6.000 40.392 8,1%
550.000 5.500 33.000 7.000 45.500 8,3%
1.000.000 10.000 60.000 5.600 75.600 7,6%
2.000.000 20.000 120.000 6.000 146.000 7,3%
5.000.000 50.000 300.000 7.000 357.000 7,1%

This is a general guideline only and full details should be obtained from your Lawyer.

There is no VAT "IVA" payable for private individuals buying properties. Other costs that are to be taken into account are:
-Mortgage Fees
-Life Insurance
-House Insurance
-Survey
-Alteration of utility bills


Apartado 2096 - 8135-024, Almancil, Algarve, Portugal - Government Licensed Agent No. 7220 - Email: info@quintasales.com - Tel: +351 289 350 140 - Fax: +351 289 350 149
    Terms and conditions