This document is a general overview on the tax implications arising out of operations which involve real estate properties.
The Portuguese tax system concerning real estate operations is, in general terms, similar to other tax regimes set forth in different jurisdictions.
Carrying out real estate operations will be, in principle, different, and will generate different tax impacts, depending on whether the operation is conducted by a private individual or via a real estate company or a vehicle set up specifically to carry out said operation.