Is there a monthly council tax on homes like the UK

Share experience regarding ownership of property and/or living in Portugal.
Post Reply
gabby27
CVO Regular
CVO Regular
Posts: 77
Joined: Fri Jun 13, 2008 6:38 pm
Location: UK

Is there a monthly council tax on homes like the UK

Post by gabby27 »

We are thinking of moving out to Portugal in January 2008 and renting for a while until we find something to buy. Is there a council tax band similar to the UK?
Thanks for your help
rodstocker
CVO Regular
CVO Regular
Posts: 11
Joined: Mon Apr 17, 2006 9:49 pm
Location: Algarve
Contact:

Post by rodstocker »

Yes, it is called IMI (Imposto Municipal sobre Imóveis) and is charged on an individual basis (to all owners of the property). It is generallly much lower than the UK.
anil
CVO Regular
CVO Regular
Posts: 31
Joined: Wed Aug 22, 2007 9:51 am
Location: LONDON

Post by anil »

Gabby

Please bear in mind IMI is payable by all the joint owners of th eproperty, and it is payable once a year, .Dont be late or they will fine you, and charge extra interest. Its generally cheaper than U.K. and will depend on the value of the property
Post Reply