Is Macao a good investment destination in 2026?

Gross rental yield data is not available, and transaction volume is insufficient for a reliable price trend, so investment assessment remains limited. The market also carries a 32/100 Red Flag composite risk score, which argues for caution.

What property taxes apply when buying in Macao, Portugal?

In Portugal, buyers pay IMT (municipal property transfer tax, sliding scale 0–8% depending on property value and buyer type), IMI (annual municipal property tax, 0.3–0.8% of tax assessed value), and stamp duty at 0.8% of the purchase price. These rates apply nationally, including Macao.

How liquid is the Macao real estate market?

Liquidity cannot be quantified from the available data because transaction volume is insufficient for a reliable trend. This indicates a market with limited recent evidence for pricing or turnover analysis.

What are the main property investment risks in Macao?

The Red Flag composite risk score is 32/100, and the dominant risk factor is flood risk at 70/100. Other reported risks are air quality at 27/100, construction pressure at 19/100, and aviation noise at 0/100.

Municipality

Macao

Santarem, Portugal PT

Macao has no published average price or gross rental yield data yet, and transaction volume is insufficient to support a reliable price trend, limiting market visibility. The municipality’s Red Flag composite risk score is 32/100, with flood risk the dominant factor at 70/100. On the positive side, aviation noise risk is 0/100 and construction pressure is relatively contained at 19/100. However, the infrastructure and walkability score of 19/100 suggests a weak local amenity base.

AI Summary•Updated June 2026

Area

400.0 km²

District

Santarem

Country

Portugal

Listed asking pricesJRC EFAS — flood riskEEA — air qualityRASI — crime statisticsOpenStreetMap — POI

Verified Price · €/m²

—

YoY—

Gross Rental Yield

—

Verified rent · annualized

Red Flag Index

Low

32 / 100

Walkability Score

Minimal

OpenStreetMap POI density · national percentile

AI Score

Good

DistrictScore attractiveness · national model

Macao Property Prices & Rental Yield

Verified INE transaction data and listed asking prices for Macao, Santarem.

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Market Economics Snapshot

Jun 2026

Metric	Value	YoY
Asking Price (Listed)	€595/m²	—

Is Macao Safe? Environmental Risk

Red Flag Index composite across four dimensions, plus inherited Santarem crime context.

Red Flag Breakdown

32 / 100

Low Risk

Composite is impact-weighted: flood 30%, air quality 25%, aviation noise 25%, construction pressure 20%.

Flood70High

Air Quality27Low

Construction Pressure19Very Low

Aviation Noise0Very Low

4/4 dimensions scored · JRC / EEA / OSM

Crime (district-level): Santarem averaged 32.0 crimes and 0.82 violent per 1,000 residents in 2025 (RASI). Official Portuguese statistics report crime at district level only.

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Zone-level flood & noise detail with Pro

What Stands Out AI Insight

Low environmental risk — 32/100 composite

Insights are generated from Macao's live DistrictScore metrics.

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Walkability & Amenities in Macao

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

19

Minimal

Walkability Score

3

Grocery

6

Schools

2

Hospitals

2

Pharmacies

0

Transit Stops

0

Coworking

POI counts are amenities within Macao's municipal boundary, scored against the walkable urban center.

Buying Property in Portugal as a Foreigner

Tax & residency facts for non-resident buyers, plus official Santarem safety statistics.

Buying as a Foreigner

PT Tax & Residency

IMT Rate

IMT (transfer tax): 0–7.5% of purchase price. Primary residence exempt up to €104,261 (threshold updated annually). · AICEP Portugal Global — IMT (verified 2026-04)

IMI Rate

IMI (annual property tax): 0.3–0.45% of assessed value (VPT) for urban properties. Rate set by each municipality. · AICEP Portugal Global — IMI (verified 2026-04)

Stamp Duty

Stamp duty (IS): 0.8% on purchase price + 0.6% on mortgage (≥5 years) or 0.5% on shorter-term mortgage. · AICEP Portugal Global — Stamp Tax (verified 2026-04)

Capital Gains

Capital gains: non-residents taxed on 50% of gain at progressive IRS rates (same as residents, per Law 24/2022). Reinvestment exemption applies. · Portal das Finanças — Código IRS, Art. 10 (verified 2026-04)

IFICI Regime

IFICI (replaces NHR, 2024): 20% flat rate on Portuguese income for 10 years. Must not have been tax resident in Portugal in prior 5 years. · Portal das Finanças — IFICI (verified 2026-04)

Golden Visa

Golden Visa (ARI): residential property no longer qualifies since Oct 2023. Fund investment from €500K or cultural heritage from €250K still valid. · AIMA — ARI Golden Visa (verified 2026-04)

AL Moratorium Lisbon

AL licence (short-term rental): moratorium active in Lisbon — no new licences for apartments since Feb 2023 under DL 76/2023. · Decreto-Lei n.º 76/2023 (verified 2026-04)

Buying Costs

Buying costs: notary + registry via Casa Pronta from €375 (purchase) or €700 (with mortgage). Legal fees typically 1–2% of price. · Justiça.gov.pt — Balcão Casa Pronta (verified 2026-04)

General guidance only — rules change. Always consult a licensed Portuguese tax lawyer before making investment decisions.

Talk to a Portuguese real-estate tax advisor

NHR, Golden Visa & IMT guidance for foreign buyers

Santarem Crime Trend

RASI

Year	Crimes / 1k	Violent / 1k	YoY
2025	32.0	0.82	+3.0%
2024	31.1	0.95	-4.0%
2023	32.3	0.71	+6.2%
2022	30.4	0.83	+23.2%
2021	24.7	0.70	+2.1%

Reported at district level — the finest official Portuguese crime aggregation (RASI annual report), inherited by every municipality in Santarem. RASI 2025 report ↗

Macao Real Estate FAQ

The average property price in Macao is not yet available; data is still being collected.

Municipalities near Macao

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