Portugal Tool
Rent vs Buy
Portugal-specific breakeven. Accounts for IMT + IS + escritura costs at entry, ongoing IMI + condomínio, and opportunity cost of deposit. See which year ownership overtakes renting — if ever.
What your deposit earns if you rent and invest it
Breakeven Year
4
Owning beats renting
Year 10 Equity
€326 358
If you buy
Year 10 Investment
€139 597
If you rent + invest deposit
Monthly Mortgage
€1265
vs €1500 rent today
Year-by-Year Comparison
| Year | Annual Rent | Investment Balance | Annual Mortgage + IMI | Property Value | Equity |
|---|---|---|---|---|---|
| 1 | €18 000 | €98 079 | €16 512 | €365 750 | €91 078 |
| 2 | €18 630 | €102 002 | €16 512 | €382 209 | €113 057 |
| 3 | €19 282 | €106 082 | €16 512 | €399 408 | €135 976 |
| 4 | €19 957 | €110 325 | €16 512 | €417 382 | €159 875 |
| 5 | €20 655 | €114 738 | €16 512 | €436 164 | €184 797 |
| 6 | €21 378 | €119 328 | €16 512 | €455 791 | €210 785 |
| 7 | €22 127 | €124 101 | €16 512 | €476 302 | €237 886 |
| 8 | €22 901 | €129 065 | €16 512 | €497 735 | €266 149 |
| 9 | €23 703 | €134 228 | €16 512 | €520 133 | €295 622 |
| 10 | €24 532 | €139 597 | €16 512 | €543 539 | €326 358 |
Portuguese specifics modelled: IMT (primary residence), IS 0.8%, ~2% escritura/notary/legal, annual IMI at ~0.38% of price, €720/yr default condomínio. Renters don't pay IMI or condomínio but rent indexed annually to the NRAU coefficient (approximated via your growth input).