Portuguese property underwriting

Unlock the best property deals in Portugal, instantly.

Put in a property's numbers and see the real maths: the full purchase cost with IMT, the financing, and what actually lands in your pocket each month.

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The 60-second version

A 2-bed in Lisboa at €200,000, let at €1,100 a month, 20% down over 30 years.

Deal Score

82/100

Good
Price vs benchmark35/35
Net yield23/30
Cash flow12/20
Benchmark confidence12/15
Price vs benchmark
Price per m²
€2,666.67
Benchmark median, Grande Lisboa

INE 2025 annual · 2025

€3,439
Difference
22.5% below median
Financing
Down payment (20%)
€40,000
Loan amount
€160,000
Imposto do Selo (loan)
€960.00
Monthly payment
€763.86
Total cash invested
€48,416
Returns
Gross rent (annual)
€13,200
Gross yield
6.36%
Net yield
5.21%
Cash-on-cash (pre-tax)
3.37%
Cash-on-cash (post-tax)
-2.54%
Acquisition costs
Purchase price
€200,000
IMT

Resident buyer, habitação secundária / arrendamento brackets.

€4,605.50
Imposto do Selo (purchase)
€1,600.00
Notary, registry & legalEstimate
€1,250.00
Total acquisition cost
€207,456
Operating costs
These are documented placeholder defaults, not quotes. They are the assumption most worth replacing with real figures.
Vacancy allowance (5% of rent)Not deductible
€660.00
Maintenance & repairs (5% of rent)
€660.00
Letting management (0% of rent)
€0.00
Landlord insurance
€150.00
Condomínio
€480.00
IMI
€450.00
Total operating costs (per year)
€2,400
Cash flow
Monthly (pre-tax)
€136.14
Annual (pre-tax)
€1,633.68
Rental income tax
− €2,865.00
Monthly (post-tax)
-€102.61
Annual (post-tax)
-€1,231.32

Just an example; your numbers will differ.

What you get

The real acquisition stack

IMT on the 2026 mainland brackets, Imposto do Selo on both the purchase and the loan, notary and registry, including the flat 7.5% for non-residents.

Financing and cash flow

Your monthly payment, the cash you actually need on the day, and what the place leaves you each month, before and after tax.

Compared to official data

Your price per m² against the INE median for the area, so you can see whether the asking price is defensible.

A transparent Deal Score

One number out of 100, with every component and its points on show. No black box.

What this is, and isn't

Estimates for mainland Portugal, built from published rates and official data. An IMI estimate isn't a VPT valuation, and the default running costs are placeholders, not quotes. Great for sizing up a deal fast, but it isn't tax advice and it doesn't replace a solicitor or an accountant.

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