IMI rate in Lagoa (Algarve): 0,36 %
In 2025 the IMI rate in Lagoa (Algarve) is 0,36 % — number 43 from the top among 300 municipalities with a single rate. On a property with a VPT of 100 000 € that is 360,00 € a year.
Updated on
New developments in Lagoa: 5 projects, from 640 000 €
What that is per year
IMI is charged on the VPT, the taxable value in the caderneta predial — almost always below the market price.
| VPT | IMI per year | More than in the cheapest municipality | How it is paid |
|---|---|---|---|
| 100 000 € | 360,00 € | 60,00 € | in two instalments — May and November |
| 150 000 € | 540,00 € | 90,00 € | in three instalments — May, August and November |
| 250 000 € | 900,00 € | 150,00 € | in three instalments — May, August and November |
In our 2025 table, of the 300 municipalities with a single rate, 251 are below Lagoa (Algarve) and 42 above. The lowest rate in the country is 0,3 %, chosen by 199 municipalities; the highest is 0,45 %.
Lagoa (Algarve) and the nearest municipalities
Lagoa (Algarve): 28 548 residents (INE, 2025); new homes licensed in 2025: 132.
The 5 municipalities whose centre is closest to the centre of Lagoa (Algarve), side by side:
| Municipality | Distance | IMI 2025 | €/m² (sales) | New homes per 1,000 residents |
|---|---|---|---|---|
| Lagoa (Algarve) | 0,36 % | 3 220 € | 4.62 | |
| Silves | 6 km | 0,3 % | 2 815 € | 1.24 |
| Portimão | 7 km | 0,37 % | 3 125 € | 7.60 |
| Albufeira | 19 km | 0,3 % | 3 354 € | 0.84 |
| Lagos | 20 km | — | 3 855 € | 5.16 |
| Monchique | 24 km | 0,3 % | 1 637 € | 1.07 |
IMI: Tax Authority (AT), 2025. €/m²: INE, median of sales over the 12 months to Q1 2026. New homes: INE, dwellings licensed in new residential buildings in 2025, per 1,000 residents. “—”: no figure for this period.
How the rate changed
Lagoa (Algarve) has not touched the rate since 2023: 0,36 % for 3 years running.
| Year | Urban rate |
|---|---|
| 2023 | 0,36 % |
| 2024 | 0,36 % |
| 2025 | 0,36 % |
Median price per m² in Lagoa (Algarve)
In Lagoa (Algarve) the median sale value of family dwellings was 3 220 € per m². It is a 12-month median; the last quarter counted is Q1 2026.
- New housing only: 3 211 € per m².
- Existing housing only: 3 221 € per m².
- Flats only: 3 106 € per m².
It is the price paid in sales recorded by the Tax Authority, not asking prices — and not a valuation of your home: half the sales were above it, half below.
Source: INE — Instituto Nacional de Estatística, «Estatísticas de preços da habitação ao nível local». INE data as of 2026-07-17. Licence CC BY 4.0.
Purchasing power in Lagoa (Algarve)
Purchasing power per capita in Lagoa (Algarve) is 91.4, on a scale where Portugal = 100 (2021).
100 is the national average; it is not income or salary but an INE index.
Source: INE — Municipal purchasing power study. Indicator 0008614. INE data updated on 2023-11-06. CC BY 4.0 licence.
The figures are INE's, under CC BY 4.0 — reuse them by crediting INE. The way we present them here may be copied with a link to this page. Better still, link to this page: that way the reader can check the number. Terms of use
In the same district
Rates in the other municipalities of Faro district:
- Albufeira 0,3 %
- Alcoutim 0,3 %
- Aljezur 0,3 %
- Castro Marim 0,39 %
- Faro 0,3 %
- Lagos No single rate
- Loulé 0,3 %
- Monchique 0,3 %
- Olhão 0,37 %
- Portimão 0,37 %
- São Brás de Alportel 0,41 %
- Silves 0,3 %
- Tavira 0,3 %
- Vila do Bispo 0,3 %
- Vila Real de Santo António 0,45 %
Common questions
- What is the IMI rate in Lagoa (Algarve) in 2025?
- 0,36 % for urban property.
- How much IMI is paid in Lagoa (Algarve) on a VPT of 100 000 €?
- 360,00 € a year.
- What IMI rate do the municipalities nearest to Lagoa (Algarve) charge?
- Silves 0,3 %, Portimão 0,37 %, Albufeira 0,3 %, Monchique 0,3 %.
How IMI works
What the municipality decides and what the law decides
The law sets the urban rate between 0,3 % and 0,45 % and the rural rate at 0,8 % (CIMI, article 112.º). The municipal assembly picks the rate every year, for the whole municipality or per freguesia; if no decision reaches the Tax Authority by 31 December, the minimum applies.
The 2025 bill arrives between February and April 2026. Up to 100 € it is paid in May; up to 500 € in May and November; above that in May, August and November. Below 10 € nothing is charged.
Articles of the IMI Code on the Autoridade Tributária portal, checked on 2026-09-14:
Portal das Finanças, Consultar taxas de IMI — table checked line by line on 2026-09-12
What you pay on top of the price