Financial advice in Portugal

Under what circumstances can you gain exemption from paying the Municipal Property Tax in Portugal?

Who is exempt from paying the IMI tax?

April is here and it’s time to pay the Municipal Property Tax (Imposto Municipal sobre Imóveis or IMI). By now, most of the taxpayers in Portugal should have been billed to their home. In many cases, however, it is possible to claim exemption from paying the IMI. How?

What’s the process for opening a Portuguese bank account?

How to open a current account in a bank in Portugal

Whether you’re planning to move to Portugal permanently or you’re just staying for a few months, it may be necessary to open a bank account for even the most basic transactions. Luckily, it’s really simple to do, as we explain in this article.

The IFRRU project is helping to redevelop run-down buildings in the Portuguese capital

There are at least 44,000 dilapidated buildings in Lisbon which need renovating

Lisbon has at least 44,000 derelict properties, 10,000 of which are in the city centre. It’s not only in the capital that there are properties in need of some TLC, though.

What should you keep in mind when valuating a property?

How to work out the price of a property

Are you paying a fair price for your home in the sun, or is the owner being overly ambitious with the asking price? Try using these 5 parameters to find out… 1.

How much does it cost to buy a house and what do you spend it on?

What are the costs involved in buying a house in Portugal?

The cost of buying a house is more than just your monthly mortgage payments.

Is it better for you to rent or to buy a property in Portugal?

Rent or buy: which is more cost-effective?

Whether you’re looking at flats, villas or holiday homes, there’s always the decision of whether to buy or rent, but how do you know which is best? It’s worth taking the following into account... Cost of a mortgage vs.