IT is already available in “Portal das Finanças” the updated map with the property location coefficients. Real estate owners should check to see if they will pay more or less “IMI” (municipal tax on real property) because the Tax Administration is under no obligation of communicating such alterations to citizens.
The map shows every road of every municipality and the coefficient is visible in the different geographical areas. If the coefficient is lower a simulation can be done in “Portal das Finanças” to find out if there is a chance to pay less “IMI”. If so real estate owners can ask for a new evaluation of their property.
The location coefficient is one of the elements part of the formula for calculating the taxable value of real estate, (VPT), which in turn is part of the formula to determine the “IMI”.