Updated June 2026 • 8 min read
Budget 5-8% above the property price for purchase taxes and fees. Then expect 0.5-1.5% annually for IPTU. On sale, 15% capital gains tax applies to profit.
| Tax | When | Rate | Paid By |
|---|---|---|---|
| ITBI Imposto sobre Transmissão de Bens Imóveis | On purchase | 2-3% | Buyer |
| IPTU Imposto sobre a Propriedade Predial e Territorial Urbana | Annual | 0.5-1.5% | Property owner |
| Capital Gains Ganho de Capital | On sale | 15% | Seller |
| Rental Income Tax Imposto de Renda sobre Aluguéis | Monthly/Annual | 15-27.5% | Property owner |
| Registration Fee Emolumentos de Cartório | On purchase | 1-2% | Buyer |
Paid once at purchase. Rate varies by municipality: Florianópolis charges 3%, Balneário Camboriú 2%, Itapema 2%. Based on the higher of purchase price or municipal assessment value.
Similar to property tax/council tax in other countries. Based on municipal assessment (Valor Venal), which is typically below market value. In Florianópolis, rates range from 0.5% (residential) to 1.5% (commercial). Paid annually, often with a discount for early payment.
15% flat rate on profit (sale price minus purchase price and documented improvements). Exemption: If the property is your only Brazilian residential property and valued under R$ 440K, gains may be exempt. Non-residents must appoint a Brazilian representative to handle tax obligations.
Progressive rates: 15% on income up to R$ 2,667/month, rising to 27.5% above R$ 5,333/month. Property management fees and condo fees are deductible. Non-residents pay through a Brazilian representative.
Brazil has tax treaties with 30+ countries to avoid double taxation on rental income and capital gains. Check if your country has a treaty with Brazil — it could significantly reduce your tax burden.
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Disclaimer: Tax rates and regulations may change. This guide is for informational purposes only. Consult a qualified Brazilian accountant (contador) for your specific situation. Plan B Brazil · CRECI-SC 59616.