To help with the cost of the improvement measures suggested in the energy performance certificate of your property, tax reductions and financial credit benefits are available.
Tax reductions
- IMI (municipal tax on property) reduction
- Pending approval by the municipal assembly, a reduction of up to 25% of the IMI rate may be fixed for a period of five years – article 44.º-B of EBF (Estatuto dos Benefícios Fiscais)
- IMI exemption for a period of three years – article 45.º of EBF (Estatuto dos Benefícios Fiscais)
- IMT (municipal tax on property transfers) exemption on purchase of properties for refurbishment purposes. The new owner is obliged to start refurbishment works within a maximum period of three years from the purchase date – article 45.º of EBF (Estatuto dos Benefícios Fiscais)
Financial credit benefits
- Environmental Fund – take a look at the current Environmental Fund offers associated with energy efficiency in buildings and benefit from the support available. For more information, contact us.
- IFRRU 2020 – financial instrument intended to support investments in building refurbishment and energy efficiency. This applies to buildings located in an area defined by each Municipality and identified as ARU (urban rehabilitation area). For more information, contact us.