FAQs
Searching For Your Perfect Property in Lisbon
If you’re searching for property in Lisbon, you’ll notice there are many different platforms and agency websites. Here’s how to navigate them:
1. Start with the Number 1 Listings site in Portugal, Idealista
- Idealista.pt is the most user-friendly portal with the most listings and has an excellent map search feature and a good blog. However, Idealista doesn’t have ALL the listings so it’s worth checking other sites if you’re struggling to find your ideal property.
2. CasaYes
CasaYes.pt (launched in April 2024) is the newest property portal in Portugal.
It has a “Here First” section where listings from major agencies appear before they’re published anywhere else.
CasaYes is also the first portal in Portugal to use AI-powered search, making it easier to find homes near metro lines in big cities.
Pro tip: Listings on CasaYes often appear days before they show up on other portals like Idealista.
3. Imovirtual
- Imovirtual.com is one of Portugal’s largest property portals with a good mix of private and agency listings.
Other Leading Real Estate Portals
3. Big Agency Websites
Real Estate Agencies usually publish new properties on their own sites before dispersing them to the listings portals. It’s worth checking the agency websites directly, especially if you want to move fast:
Luxury & Niche Agencies
For high-end or unique properties, check specialized agencies that focus on the Lisbon luxury market:
In Portugal, many property listings are non-exclusive. This means homeowners invite several agencies to market their property at the same time. As a result, you may see the same apartment or house advertised by different agencies – sometimes with slightly different photos, descriptions, or even prices.
What this means for you as a buyer or renter:
- Do not contact several agencies about the same property. This can cause confusion about which agency will earn the commission and could ultimately jeopardise your transaction.
Pick one agency to work with and only contact them OR find a Buyer’s Agent who will make the visit request for you, and guide your through the negotiation and purchase process.
Working with Real Estate Agents in Portugal
Throughout this website, you may see the terms Real Estate Agent and Realtor (used interchangeably) as well as Buyer’s Agent, and Seller’s Agent. While these roles can differ in certain contexts or markets, in Portugal they generally fall under the broad category of real estate professionals. The use of these terms here is meant to improve readability and to reflect the various ways people commonly refer to real estate agents.
In Portugal, realtors don’t tend to use the title Buyer’s Agent or Seller’s Agent. Rather they use the title Real Estate Agent (Agent Imobiliário)
Real Estate Agents or Realtors can and usually do work as both Buyer’s and Seller’s Agents and their training typically covers both these roles.
However, some Realtors prefer to specialise in niche areas such as a particular geographic location, type of client, or type of property.
Yes. You can approach any Realtor to help you buy or rent a property in Portugal.
It’s best to work with only one Buyer’s Agent who fully understands your goals, timeline, lifestyle requirements, budget, etc, and is fully committed and engaged in finding your perfect property.
The exception would be if you’re looking for properties in vastly different locations, e.g. Lisbon vs the Algarve.
In such cases, if your Buyer’s Agent feels you’d be best served by a local Buyer’s Agent, he or she can often connect you with a trusted colleague to help you broaden your search.
If you contact multiple Realtors, you could find yourself in a situation where several realtors are working on your behalf in your property search.
This is because, unlike in many other countries, a Realtor in Portugal doesn’t need a signed contract to represent you when conducting searches for listings and arranging viewings on your behalf.
You could easily find yourself in the uncomfortable situation of two or more Realtors calling you to arranging a visit to the same listing.
Let’s just say that, from this point, things get very messy, and that’s the kind of stress you really don’t want when you’re moving to a new country.
Choosing the right real estate agent or agency in Portugal can be quite challenging — especially for foreign buyers.
From my own experience, the websites of many agencies didn’t inspire much trust. It was hard to get a real sense of their ethics, professionalism, or adherence to a code of conduct. Many sites lacked clear, detailed information and felt outdated or unprofessional, which made it difficult to feel confident about who to work with.
Since moving here, I’ve come to understand why this is common. Even in Lisbon, the capital city, the real estate market has a surprisingly small-town feel. Everyone seems to know someone who’s a real estate agent, and agencies often rely on word-of-mouth rather than investing in a polished online presence. While this local dynamic works for residents, it can make things extra challenging for foreign buyers living abroad who don’t have these personal connections.
Fortunately, I was lucky to be introduced to an excellent realtor (who I’m now proud to call my colleague) through a trusted business associate in the industry. He had worked with her before, and when he learned I wanted to buy in Lisbon, he connected us. From our first conversation, it was clear she was the right fit – professional, knowledgeable, transparent, and patient with all my questions.
For foreign buyers especially, personal networks are invaluable.
Reach out to your friends, colleagues, and online expat communities to find recommended agents who understand your needs and can guide you through the process and give you the support foreign buyers require.
Estate Agencies or independent Estate Agents (Realtors) in Portugal must operate under an AMI licence (typically 4 digits), which should be clearly displayed on their web page and marketing materials.
For example, our agency, the RE/MAX Vantagem Group, has an AMI licence number of AMI 7772. All of our Agents in the group operate under this number.
If an Estate Agent works independently and not for an Agency, they should have an AMI number.
You can verify a realtor’s licence by following these simple steps:
- Check the Realtor’s website. Their AMI number is usually written in the footer.
- Visit the official website of IMPIC (Instituto dos Mercados Públicos, do Imobiliário e da Construção), which issues the licences.
- Type in the licence number (Nº Licença) of the Realtor or Agency and search (Pesquisar).
- If the licence number is legitimate, the search will yield the following information:
Company Name
Address (TIP: Check if the location is credible.)
AMI Licence No.
NIPC (This is the number that serves as Corporation tax reference number, VAT registration number & company registration number)
Licence issued date (TIP: Check how long the Agency or Realtor has been operating in Real Estate)
Insurer (TIP: Check that the Agency or Realtor fulfills their legal obligation to have liability insurance)
Insurance Expiry Date
Haven’t heard back after contacting a real estate agency about their listing? Don’t be discouraged.
Here are some common reasons why you may not be getting a response:
High volume of inquiries: Lisbon is a competitive market, and agents receive dozens of daily requests. Generic or incomplete messages may get overlooked.
Spam filters: Messages from foreign emails, unusual domains, or with formatting issues sometimes get flagged as spam.
Scam concerns: Unfortunately, realtors are frequent targets of fraudulent requests. Messages that feel impersonal or unclear or AI-generated may be ignored.
Language barriers: If your email is poorly translated or uses characters that don’t display properly, it can look like “gibberish” to the recipient.
- Technical issues: Technical problems may be preventing your message from being delivered.
How to increase your chances of getting a response:
Use a professional or company email address. Agents are more likely to trust and reply to emails from recognizable domains than from free providers like Gmail or Yahoo.
Personalize your message. Mention the agent by name, reference a specific property, and explain why you’re reaching out to them. Avoid copy-paste templates.
Be clear and detailed. Share your needs—budget, preferred location, property type, move-in timeline. This helps the agent know you’re a serious client.
Show commitment. Explain why you’re reaching out to this particular agent and how you found out about them.
Write in the language of the person you’re contacting. Bear in mind that many realtors in Portugal don’t speak English. When contacting Portuguese Realtors, use a translation tool such as DeepL to help you write the message in Portuguese. You can explain that you don’t speak the language and ask if they or a colleague would be able to help you in English.
- Try other communicaiton methods – e-mail, contact form, phone.
No. Realtors in Portugal are usually only paid on commission. ie They receive a percentage of the real estate transaction (a commission) once the deal concludes.
Realtors usually pay all their own expenses including transport, phone, computer, and marketing materials (including signage, flyers and outsourced services such as photography, videography, home styling, etc.)
Real Estate and Tax in Portugal
Disclaimer: Every effort has been made to ensure the information provided here is accurate, up-to-date, and sourced from reliable references. However, I am not a licensed tax advisor or accountant. This content is for general informational purposes only and should not be considered professional tax advice. You are strongly advised to consult a suitably qualified tax advisor or accountant before making any decisions related to moving to Portugal or investing in property in Portugal.
After buying a property in Portugal, you’ll receive quarterly property tax (imposto municipal sobre imóveis) bills from the tax office (Autoridade Tributária e Aduaneira) at the end of April, August and December.
Property tax on urban properties in Portugal ranges from 0.3 to 0.5% (depending on the municipality) and is calculated on the tax asset value (Valour Patrimonial Tributário) which is typically lower than the purchase price or market value.
Example 1
T3 condo in municipality of Cascais
Currently market value 620.000€
Yearly Property Tax: 1.430€
Example 2
T2 apartment in municipality of Oieras
Currently market value 430.000€
Yearly Property Tax: 1.176€
You can find out more about how VPT is calculated on the Finanças portal.
How do I pay my property tax bill?
Each bill has a 15-digit payment reference number (referência para pagamento), usually on the bottom left of the page. You’ll need this for the payment.
To pay it:
- Log on to your banking app
- Go to Pay and select Government Entity.
- Type in the payment reference number and amount to pay (valor a pagar)
Portugal abolished its inheritance tax in 2004.
There is NO inheritance tax on property (regardless of whether it’s a primary residence, rental property or holiday home) if the heirs are:
- Spouses (including civil partners)
- Descendants (children, grandchildren)
- Ascendants (parents, grandparents)
Conversely, non-direct heirs (e.g., siblings, friends, unmarried partners except long-term cohabitants) must pay 10% stamp duty.
If you’re not domiciled in Portugal, you’ll need to consult a Tax Advisor in your country of domicile to find out whether your Portuguese assets will be subject to inheritance tax in your country.
Source:
gov.pt: Tax liability on the transfer of property through inheritance
There is NO Capital Gains Tax (CGT) on property sold in Portugal when either of the below conditions are met:
- The property has been the owner’s primary residence for the past 12 months AND the owner is domiciled in Portugal or the EU, AND uses the proceeds to buy another home (in Portugal or the EU) within 36 months.
- The property owner is retired or over 65 AND is domiciled in Portugal, AND reinvests the gains into an eligible insurance contract or pension fund within 6 months of the sale.
In all other circumstances, CGT will be applied at a variable tax rate that is calculated based on your worldwide income.
However, the good news is that, in Portugal, you only pay tax on 50% of the gain and you can further reduce your tax liability with several deductions. As you’ll see in the below example, this can often offset all capital gains, making your tax liability zero.
EXAMPLE:
You bought your house for 300.000€
You sold it for 450.000€
Capital Gain = 150.000€
Only HALF of that 150.000€, ie 75.000€ is taxable
Additionally, that amount reduces further…
Some of the most common expenses you can deduct from capital gains:
- Real Estate Commission to sell your property (typically 5% + 23% IVA). On a 450.000€ sale the commission would be 27.675€
- Maintenance and renovation work carried out over the last 12 years (provided you can show tax receipts with your Full Name, NIF, address of the property, and subject to approval by the Tax Authorities) As an example, you might have 10.000€ worth of renovation expenses
- The purchase tax (IMT) you paid when you bought the property, e.g. around €10,747 for a purchase of 300.000€
- The Stamp Duty (Imposto do Selo) you paid when you bought the property (0.8% of purchase price). e.g. 2.400€ stamp duty on a purchase of 300.000€.
- Legal fees incurred at the time of purchase, usually around 500€ – 1.000€
- Energy certificate (required when you sell a property). Price depends on the issuer and size of property, usually around 30€ – 60€
- Depreciation (on rental properties)
In the above example, deductible expenses amount to 51.622€ and the final taxable amount is 23.378€, NOT the 150.000€ capital gain we started with.
At what rate is the net capital gain taxed?
The answer is a complex calculation that takes into account your worldwide gains (income from investments, rental properties, employment, etc.) to determine your scale rate, which ranges from 14.5% to 48%.
To get an accurate forecast of your tax liability in Portugal, seek professional advice from a Tax Advisor.