João Duque: "It's unfair that buying a luxury car costs practically nothing while a home, which is essential, costs so much"
The OECD recommends that Portugal lower the IMT (property transfer tax) and raise the IMI (municipal property tax), particularly for vacant homes. The recommendations come at a time when parliament approved a package of measures intended to help resolve the housing problem. We analyse the impact on the property market with economist João Duque. Listen to the podcast here.
OECD recommends that the Government raise IMI
The increase should be targeted mainly at vacant homes, and a reduction in IMT (property transfer tax) should also be implemented.
Government to soon submit to Parliament a proposal to amend IMI on dams
The Government will shortly submit to Parliament a proposal to amend the law governing the taxation under the Municipal Property Tax (IMI) for dams, wind farms and photovoltaic parks, an issue it has been working on. The information was provided by the Finance Minister, Joaquim Miranda Sarmento, during a formal hearing before the Committee...
OECD calls for higher IMI and limits on capital gains to tackle the housing crisis
Raising IMI, limits on the taxation of capital gains from the sale of homes, and higher taxation of 'underused' or vacant dwellings in 'high‑demand areas' are the main recommendations of an OECD study published today.
Over half of municipalities not upping property taxes
Home News Over half of municipalities not upping property taxes Over half of municipalities not upping property taxes More than half of the country's 308 municipalities will charge the minimum rate of the Municipal Property Tax (IMI) stipulated by law (i. e. , 0.
You could be paying too much IMI and have only a few days to save
If you want to reduce next year’s IMI, you’ll need to act (very) quickly. You have only a few days to submit the request. Find out how to do it in this episode of the Contas-Poupança podcast.
Portugal property taxes to fall
Home News Portugal property taxes to fall Portugal property taxes to fall The price per square meter for IMI property tax purposes and the fiscal valuation of properties will fall to €570 in 2026, a drop that puts an end to three years of maintaining this value.
Construction value taken into account for IMI rises to €570 in 2026
This is the first time the average construction value has risen since 2023.
17:00 — Value used to calculate IMI rises in 2026
At 17:00: The value used to calculate the municipal property tax (IMI) will increase in 2026.
