Property: Imi news in Portugal

Are you paying too much property tax in Portugal?

Deco Proteste warns that homeowners may be overpaying IMI property tax

The consumer organization Deco Proteste has warned that some property owners may be paying more in IMI (Municipal Property Tax) than necessary because the taxable asset value of their properties does not account for changes in factors like building age or location coefficients. Because the Tax Authority does not update these elements automatically, the organization suggests that owners use their online simulator to check if a revaluation—which can be requested every three years—could lead to tax savings. However, they caution that a new assessment could also increase the property's taxable value and subsequent tax liability, recommending careful consideration before submitting a formal request.

Deco Proteste warns that homeowners may be paying more IMI than they should

This situation occurs when the property's tax value does not reflect the evolution of certain factors used in calculating the tax.

Deco Proteste warns that homeowners may be paying more IMI than they should

The publisher Deco Proteste warned today that some homeowners may be paying more municipal property tax (IMI) than they should, as the property's tax value may not reflect the evolution of certain factors used in the tax calculation.

Property owners with IMI above 500 euros have until today to pay the second installment

Property owners with an annual IMI value exceeding 500 euros have until this Monday to pay the second installment of the tax to the tax authorities. The deadline ends on August 31st, and is relevant for those who have to pay a Municipal Property Tax (IMI) above 500 euros and have not paid in full.

IMI: Property owners have until this Monday to pay

The August 31st deadline is relevant for those who have to pay an IMI amount over 500 euros and did not pay the full amount to the Tax Authority at once during the first installment.

Property owners with IMI above 500 euros have until today to pay the 2nd instalment

The deadline for paying the second instalment for properties with an annual IMI value exceeding 500 euros ends this Monday.

IMI charged to landlords with old rent contracts to be refunded

New wording that came into effect on January 1, 2024, determines that housing leases signed before the NRAU, commonly known as “old” or “frozen” rents, are exempt from IRS and IMI “for the duration of their respective contracts.”

Property tax payments in Portugal

Attention, property owners. IMI payment dates are approaching

May is just around the corner, and with it come the payment dates for IMI – Municipal Property Tax. Generally, the first payment notices arrive in the mail for each taxpayer with houses, warehouses, and/or land via envelope letters at the end of April. This year, the tax authority's communication model will change...

Covilhã exempts young people up to a certain age from IMI payments for five years

Young people under 35 will be exempt from IMI property tax for five years in Covilhã. They only need to purchase their first permanent primary residence in the municipality.

Changes to dam property tax (IMI) must not jeopardise current collections, says Government

“The changes must be carefully considered. Any legislative change needs to safeguard and not jeopardise what we have as of today,” stated Cláudia Reis Duarte during a parliamentary hearing, warning that any change in legislation, by itself, “could generate new litigation.”

Changes to IMI must be handled carefully to avoid litigation, Government told

The Secretary of State for Tax Affairs, Cláudia Reis Duarte, argued this Tuesday that changes to the Municipal Property Tax (IMI) code regarding dams, wind farms, and photovoltaic parks must be managed with caution to avoid creating new legal disputes. Any legislative change needs to be safeguarded so as not to undermine...

Monção wants to help firefighters pay the municipal property tax (IMI) on their primary residences

The proposal was approved at the executive meeting to open a 30-day public consultation period for any contributions.

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.

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.