Simulator - Capital Gains
Want to know the financial impact of selling your property? Our capital gains simulator is the perfect tool. Find out the potential profit from your sale, taking into account all the tax details.
Talk with us!
A Credit Intermediary near you!
Glossary
Explore the inner secrets of the world of finance! Our exclusive glossary has been carefully designed to unlock the secrets of the world of finance in a simple and accessible way for everyone. You'll find key terms ranging from basic to more advanced concepts.
Check our GlossaryFAQ
What are property capital gains?
Property capital gains correspond to the profit obtained from the sale of a property, that is, the difference between the sale value and the purchase value (adjusted for inflation and permitted deductions). In Portugal, capital gains obtained by tax residents are subject to IRS income tax.
Do I have to pay tax when selling a house?
In many cases, yes. Capital gains obtained from the sale of properties are subject to taxation, depending on the owner's tax situation and the type of property. However, there are situations of exclusion or reduction of taxation, namely reinvestment in permanent owner-occupied housing.
How are property capital gains calculated?
The calculation considers the difference between the realisation value (sale) and the acquisition value corrected by the currency depreciation coefficient, deducting acquisition and sale expenses and any documented costs for renovation works. The taxable amount corresponds to 50% of the capital gain calculated for residents in Portugal.
How can I avoid paying capital gains tax?
In some specific situations, reinvesting the proceeds of the sale in the purchase of another permanent owner-occupied home may reduce or eliminate taxation on capital gains. There are legal deadlines and conditions to comply with. It is recommended to consult an accountant or tax lawyer to analyse the specific case.