1) Property Ownership & Registration

• Ensure the property is correctly registered in your name at the Land Registry (Conservatória).

• Keep documents updated: title deed, floor plans, energy certificate.

2) Taxes You Must Pay

• IMI (Municipal Property Tax): paid annually.

• AIMI: additional tax for high-value properties (if applicable).

• IRS/IRC: income tax on rental income.

3) Rental Rules & Obligations

• Long-term rentals must have a written lease registered with the tax authority.

• Short-term rentals (Alojamento Local) require a license and compliance with local rules.

• Declare rental income annually.

4) Property Management

• Owners can self-manage or hire a professional property manager.

• Services may include tenant management, maintenance, bill payments, and check-ins.

5) Maintenance & Condominium Fees

• Owners are responsible for property upkeep.

• Apartments usually have condominium fees for shared areas.

6) Utilities & Services

• Electricity, water, gas, internet contracts must be in the owner’s or tenant’s name.

• Keep contracts active even when the property is vacant.

7) Insurance

• Building insurance is mandatory for apartments.

• Contents insurance is strongly recommended.

8) Selling Your Property

• Capital gains tax may apply.

• Non-residents are taxed on 50% of the gain at progressive rates.

• A real estate agent and lawyer can guide the process.

Tips

✔ Keep a local accountant
✔ Appoint a fiscal representative if non-resident
✔ Stay updated on local regulations