1. The base value of property (Vc) corresponds to the average construction value per square metre plus the value per square metre of the land on which the building stands, set at 25% of that value.
1 - O valor base dos prédios (Vc) corresponde ao valor médio de construção, por metro quadrado, adicionado do valor do metro quadrado do terreno de implantação fixado em 25 % daquele valor.
2. The average construction value is determined taking into account, in particular, the direct and indirect costs incurred in constructing the building, such as those relating to materials, labour, equipment, administration, energy, communications and other consumables.
2 - O valor médio de construção é determinado tendo em conta, nomeadamente, os encargos directos e indirectos suportados na construção do edifício, tais como os relativos a materiais, mão-de-obra, equipamentos, administração, energia, comunicações e outros consumíveis.
The land value of 25% of the average construction value per square metre and the cost elements of the average construction value are retained.
We check property valuations and IMI and AIMI assessments, apply for exemptions, handle complaints against valuations and plan ownership through individuals or companies, in English. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.