Youth IMT: Full Exemption for Buyers Under 35
Everything about the IMT exemption for young property buyers in Portugal. Conditions, limits and how Youth IMT works in 2026.
The law known as Youth IMT (Law No. 24/2023 of 29 May) created an IMT exemption for young buyers of a first primary residence.
Who qualifies?
To benefit from Youth IMT in 2026, you must:
- Age: be 35 years old or younger on the date of the deed
- Property type: primary residence (habitação própria permanente)
- First acquisition: not have previously owned another property as a primary residence
- Location: property on the mainland (Madeira and Azores have their own regimes)
Limits in 2026
| Property value | Exemption |
|---|---|
| Up to €324,058 | Full exemption — pay €0 in IMT |
| €324,058 – €648,022 | Partial exemption — proportional |
| Above €648,022 | No exemption — normal table applies |
How does the partial exemption work?
For values between €324,058 and €648,022, the exemption is proportional:
IMT_youth = IMT_normal × (value − 324,058) / valueExample: Property worth €400,000
- IMT without Youth IMT: ≈ €18,977
- Taxable fraction: (400,000 − 324,058) / 400,000 ≈ 19%
- IMT payable: ≈ €3,605
Saving: more than €15,000!
Use the IMT calculator and tick “Youth IMT” to calculate automatically.
What about Stamp Duty?
Youth IMT exempts IMT, but does not exempt Stamp Duty (0.8% of the property value). This still needs to be paid.
How to claim the exemption?
The exemption is automatic — simply declare your eligibility to the notary at the time of the deed. No prior application is needed.
Source: Law No. 24/2023 of 29 May; CIMT art. 17. Verified for 2026.