The municipality of Covilhã has introduced a five-year IMI tax exemption for residents up to 35 years old purchasing their first primary and permanent home to encourage long-term residency.
Young people to be exempt from IMI for primary and permanent housing in Covilhã
Wednesday, 22 April 2026RSS
Context & Explainers
The municipal property tax (Imposto Municipal sobre Imóveis), known as IMI, is an annual tax on property ownership calculated from the property’s taxable value, with the exact rate set by each municipality. For expats who own property, IMI is a recurring local cost that can vary by location and is often central to policy discussions about housing affordability.
AI Summary AvailableCovilhã offers IMI tax exemption for young homebuyersRead the synthesized summary with context and explainers
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