Algarve Portal Blog

What's going on in the Algarve ?

Here you will find actual information about what's going on in the Algarve, including our own personal impressions and experiences. We are looking forward to your comments!

Property tax in Portugal

Tuesday, 23 August 2016 | Taxation
Property tax in Portugal

Since August 1st, 2016 the property tax (Imposto Municipal sobre Imóveis, IMI) for properties in privileged locations (e.g. exposure to the sun, nice view) can increase.  The weighting factor of quality & comfort included in the formula to calculate the taxable value has been raised from 5% to...

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