Posted by: Carlos Tome & filed under IMI Municipal Property Tax, Property & Taxes.

The general revaluation of real estate that took place in 2012, resulted in a change in the value of the Property Tax (IMI) for many owners, therefore, the following payment terms were established for 2013:

For the same or less than €250,00 euros amounts, payment must be made in April;

For higher amounts to €250.00 Euros, which are equal to or less than €500,00 euros, the value is divided into two installments to be paid in April and November;

For amounts above €500,00 euros the value is divided into three installments to be paid in April, July and November.

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