Property owners in Portugal who have an annual Municipal Property Tax (IMI) above 500 euros and chose the phased payment option have until August 31st to settle the second installment of this tax.
This obligation only applies to taxpayers who selected the installment payment method, which allows the tax amount to be spread throughout the year.
Property owners whose annual IMI is equal to or less than 500 euros are not covered by this deadline, since those amounts are collected in a single payment.
Failure to pay by the established date may result in interest and fines for the affected taxpayers.



