Maintained the average construction value per square meter for 2021
Tax Alert Portugal
Ministerial Order no. 289/2020, of 17 December, was officially published, which sets in EUR 492,00 the average value of construction per square meter, for the purposes of article 39 of the Municipal Property Tax Code, to enter into force in 2021.
This value remains similar to the average construction value per square meter approved for 2020 by Ministerial Order No. 3/2020, of 13 January.
This new average value is applicable to all urban properties whose Model 1 forms are delivered since 1 January 2021.
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