Madeira property tax in 2026 involves four taxes: IMT (transfer tax, paid once at purchase), stamp duty (0.8%, once at purchase), IMI (annual, on registered value), and AIMI (annual wealth surcharge above thresholds). Madeira sets several of its own rates under regional autonomy, and they differ from mainland Portugal. This page gives each verified figure, dated, with sources checked against the official gazette.
WHAT THIS MEANS FOR YOU. Most English-language Madeira tax content copies mainland Portugal figures, which are wrong for the island, or repeats rates that have since changed. Below, every number is dated and sourced — including two points where much of the internet is currently wrong.
THE FOUR PROPERTY TAXES AT A GLANCE. IMT: once, at purchase, progressive by bracket (basis: purchase price or VPT, whichever is higher). Stamp duty: once, at purchase, 0.8%. IMI: yearly, 0.3–0.45% urban, on the VPT (registered value, set per municipality). AIMI: yearly, 0.7–1.0%, only on aggregate Portuguese property VPT above €600,000.
IMT — THE MADEIRA ADVANTAGE. Madeira's IMT brackets are set regionally with higher thresholds than the mainland — meaning the rate steps up later, so a buyer pays less IMT on the same price in Madeira than in Lisbon or the Algarve. Two tables exist: one for your own permanent home (habitação própria e permanente), one for secondary and other residential purchases — the second starts higher and reaches the top single rate of 7.5% above the highest threshold. A buyer who genuinely establishes the property as their permanent home accesses the more favourable table; a holiday-home purchase does not. Verify the current year's bracket thresholds against the regional budget before you compute — they update annually. Under 35 and buying a first permanent home? See our IMT Jovem article — the exemption can zero this tax entirely.