€600,000 per taxpayer (individuals and undivided inheritances). Married / união de facto couples may opt for joint taxation, which doubles the threshold to a €1,200,000 deduction.●Verified ·
Unit
EUR
Issuing authority
Diário da República — Código do IMI (texto consolidado)
Legal instrument
CIMI Arts. 135.º-A a 135.º-K
Last verified
Review cadence
quarterly
Notes
The allowance is deducted from the sum of the VPT of residential property and building land before AIMI rates apply.
Change history
Initial capture€600,000 per taxpayer (individuals and undivided inheritances). Married / união de facto couples may opt for joint taxation, which doubles the threshold to a €1,200,000 deduction.
No further changes recorded yet — unchanged since it was first captured.
