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Jayjan 
Top Contributors
Joined: 21/November/2006
Status: Offline
Points: 7400
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 Posted: 17/April/2016 at 13:36 |
Ours was revalued in Sept 2015 and we have had 4 notices from financas regarding the new revaluation. (why 4 notices saying exactly the same thing I do not know, what a waste of admin/money). Our valuation is below that figure due to it being an old casa pre 1951 so maybe if this is true that's why we havn't received ours either . Waits in anticipation with fingers and legs crossed. 
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Polli the dancing cat strikes again.
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DICEYUK
Top Contributors
Joined: 05/April/2011
Location: Norfolk/Algarve
Status: Offline
Points: 3381
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Posted: 17/April/2016 at 17:07 |
Where are all these properties for €66.5k or less  Certainly none round here - be lucky to find a grotty 1 bed apartment in need of serious refurbishment for €80k
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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Big Col
Top Contributors
Joined: 18/August/2011
Location: Newcastle
Status: Offline
Points: 1534
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Posted: 17/April/2016 at 17:11 |
"so it looks like I might have an extra €250 to waste on beer." I would never consider that a waste 
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Colin
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Jayjan
Top Contributors
Joined: 21/November/2006
Status: Offline
Points: 7400
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Posted: 17/April/2016 at 18:30 |
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Dicey the figure quoted is the VP/VT valuation (rateable value) not the actual market value of what the property is worth when selling.
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Polli the dancing cat strikes again.
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DICEYUK
Top Contributors
Joined: 05/April/2011
Location: Norfolk/Algarve
Status: Offline
Points: 3381
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Posted: 18/April/2016 at 06:43 |
 Jayjan wrote:
Dicey the figure quoted is the VP/VT valuation (rateable value) not the actual market value of what the property is worth when selling.
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Ah, found it - it's 2 x 35,105 = 70,210.
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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cubsur
Moderator Group
Joined: 26/January/2006
Status: Offline
Points: 26505
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Posted: 19/April/2016 at 10:30 |
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Checked my Caderneta Predial and indeed I am still valued at under €65,000. Last revalued in 2009.
I do not plan to spend my bonus in one go.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve
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DICEYUK
Top Contributors
Joined: 05/April/2011
Location: Norfolk/Algarve
Status: Offline
Points: 3381
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Posted: 19/April/2016 at 12:30 |
cubsur wrote:
I do not plan to spend my bonus in one go.
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One pint at a time 
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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Jayjan
Top Contributors
Joined: 21/November/2006
Status: Offline
Points: 7400
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Posted: 19/April/2016 at 19:58 |
Two more confirmations re IMI not being charged if your property VP is under €66,000. "Just paid mine. Neighbours couldn't as was told he now doesn't need to pay as his house is valued at less than 66,000€. Its not been evaluated for more than 25 years." (this is in Burgau. municipality of Vila Do Bispo)
"Vila do Bispo Camera have indeed confirmed that they are not charging property tax on properties valued at less than 66K "
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Polli the dancing cat strikes again.
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Norm55
Regular
Joined: 30/November/2014
Status: Offline
Points: 104
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Posted: 21/April/2016 at 00:10 |
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Can someone explain Dicey's formula above? Have not jad mine, am over here now and was going yo go doen to camara tomorrow morning and pay. If bills have not gone out, is this possible?
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DICEYUK
Top Contributors
Joined: 05/April/2011
Location: Norfolk/Algarve
Status: Offline
Points: 3381
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Posted: 21/April/2016 at 06:00 |
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I think you need your IMI bill to find out what your VP is - last year's should do.
I couldn't find any mention of it on the Financas website although it's bound to be there somewhere.
My wife & I get an IMI Bill each so the total rateable value is 2x the value shown on each individual IMI Bill
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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cubsur
Moderator Group
Joined: 26/January/2006
Status: Offline
Points: 26505
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Posted: 21/April/2016 at 13:56 |
" I couldn't find any mention of it on the Financas website although it's bound to be there somewhere."
Once you are logged in, search for 'Caderneta Predial' or navigate to (there is a space between each) InÃcio, Os Seus Serviços, Património, Consultar, Imóveis, Património Predial
and it will show your full details of property rating etc.
You should end up on a page like this "https://www.portaldasfinancas.gov.pt/pt/Pat/main.jsp?body=/ca/patrimonio.jsp"
That shows a summary and at the bottom on the right is a link to a downloadable PDF document
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve
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DICEYUK
Top Contributors
Joined: 05/April/2011
Location: Norfolk/Algarve
Status: Offline
Points: 3381
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Posted: 21/April/2016 at 16:24 |
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Thanks, found it. Interestingly, it also shows that the valuation has more than doubled since the apartment was built in 1988.
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I hate how peopleï compare Frank Zappa to God. I mean, he's cool and great and nice and everything, but he's no Zappa.
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cubsur
Moderator Group
Joined: 26/January/2006
Status: Offline
Points: 26505
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Posted: 22/April/2016 at 11:10 |
DICEYUK wrote:
Thanks, found it. Interestingly, it also shows that the valuation has more than doubled since the apartment was built in 1988.
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Mine is similar, first registered in 1993 (although it is 20 years older than that) and value has also just about doubled.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve
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Jayjan
Top Contributors
Joined: 21/November/2006
Status: Offline
Points: 7400
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Posted: 01/May/2016 at 00:19 |
Just found these postings on facebook Algarve pages http://epaper.theportugalnews.com/ page 20 Letters to the Editor on 2nd column a persons views & their experience of the IMI debate. This other comment is posted by a Portuguese lady " There were a problem at the Tax authorities system, some tax payers did not receive the taxes due to be paid in april, you gonna receive it now a the limits was extended until the end of May."
mmmmmmm awaits in anticipation for the truth to unfold.
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Polli the dancing cat strikes again.
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cubsur
Moderator Group
Joined: 26/January/2006
Status: Offline
Points: 26505
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Posted: 01/May/2016 at 11:18 |
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I was also told first hand yesterday that two others in my block, who asked at Finanças and were given the same answer, that those IMI bills not yet sent out will be sent during May.
The change in in legislation with the new exemptions was 'to blame'.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve
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