Selling a property in Portugal can be a key step in managing your assets — whether you're reinvesting in another property or simply monetising your capital. However, this transaction comes with tax obligations, particularly the capital gains tax (mais-valias). Understanding how this tax is calculated is essential to ensure a successful sale, avoid unexpected issues with the tax authority, and maximise your net profit.
Selling a property is a significant decision that involves various steps and considerations, from evaluating the asset to handling legal and commercial aspects. In Portugal, choosing the best real estate agency can make all the difference in ensuring a successful transaction.
Stamp duty on real estate is one of the most important and well-known fiscal obligations in Portugal, particularly within the real estate market. This tax applies to various transactions and legal acts involving real estate, making it essential for any buyer, seller, or investor to understand how it works, when it is due, and the amounts to consider. In this article, we provide a detailed explanation of what stamp duty on real estate is, how it is calculated, who is responsible for paying it, and its implications for the real estate market. Additionally, we include valuable information for industry professionals and those considering a career as a real estate consultant.
Selling real estate in Portugal involves not only negotiating and signing contracts but also a series of tax implications that directly affect the profit from the transaction. One of the key concepts in this process is capital gains from property sales, which refers to the profit made from selling a property at a price higher than its purchase value. Understanding what capital gains are, how they are calculated, and the associated tax implications is essential for anyone involved in the real estate market.
The preliminary sales agreement is one of the most commonly used legal tools in Portugal, especially in real estate transactions. This contract establishes commitments between the buyer and the seller before the finalization of the deal, ensuring security for both parties during the property acquisition process. In this article, we will explore everything you need to know about the preliminary sales agreement, including its definition, essential elements, validity, and key legal implications.
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Demonstrating the innovative vision that characterizes Engel & Völkers, the real estate company has finalized changes to its Iberian leadership structure by promoting Constanza Maya to Chief Operating Officer (COO) of Engel & Völkers Iberia, to drive the company’s regional expansion forward.
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Engel & Völkers has announced the promotion of Juan-Galo Macià as President of South America to further establish the company as the leading luxury real estate broker in the Hispanic world. Macià takes over this role in addition to his position as CEO of the company`s brokerage business in Spain, Portugal, and Andorra. Under Macia`s leadership the Iberian market experienced remarkable growth and developed as a strong strategic region for the German real estate company. “We are highly committed to further growth in this market and to expand our presence in South America,” says Jawed Barna, CEO of the Engel & Völkers Group. In his new additional role Macià will lead the activities in South America - including those countries already operating under the Engel & Völkers brand.
Selling properties to foreign buyers is a growing opportunity in Portugal. The pleasant climate, high quality of life, and favorable legal conditions make the country highly attractive to investors and foreigners seeking a new home or investment opportunity.
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Engel & Völkers Portugal
Av. da Liberdade 196, 7 andar
1250-096 Lisboa, Portugal
Tel: +351 210 200 490