May kicks off the payment calendar for the Portuguese Municipal Property Tax (IMI). The first instalment must be paid by the end of the month, and there is a key change in how the Tax Authority notifies taxpayers this year.
The big change in 2025
The difference this year is not in dates or rates, but in communication. Traditional paper letters are no longer the default notification channel. Check the Tax Portal directly to confirm your situation before the deadline.
How much and in how many instalments
- Up to €100: single payment by 31 May.
- €100-€500: two instalments, May and November.
- Over €500: three instalments, May, August and November.
- Under €10: not collected.
Rates
Urban properties: 0.3% to 0.45% on the taxable patrimonial value (up to 0.5% in specific cases). Rural properties: fixed 0.8%, with municipalities able to triple the rate on abandoned forest land.
Possible exemptions
- Own and permanent dwelling under €125,000 VPT - 3 years exemption.
- Construction or rehabilitation for permanent rental - 3 years (extendable).
- Old leases (pre-1990) under specific income limits.
- Low-income families in 2026: gross income up to €16,824.50 and assets up to €73,150 - automatic exemption.
What to do now
Do not wait for a letter. Log in to the Tax Portal, confirm your amount and deadline, and plan your instalments accordingly.
