IMI rate in Madalena: 0,3 %
In 2025 the IMI rate in Madalena is 0,3 % — the lowest in the table, shared with 198 other municipalities. On a property with a VPT of 100 000 € that is 300,00 € a year.
Updated on
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 € | 300,00 € | 0,00 € | in two instalments — May and November |
| 150 000 € | 450,00 € | 0,00 € | in two instalments — May and November |
| 250 000 € | 750,00 € | 0,00 € | in three instalments — May, August and November |
Madalena charges the lowest rate in the 2025 table: 0,3 %. Another 198 of the 300 municipalities with a single rate do the same. The highest rate in the table is 0,45 %.
Madalena and the nearest municipalities
Madalena: 6 850 residents (INE, 2025); new homes licensed in 2025: 35.
The 5 municipalities whose centre is closest to the centre of Madalena, side by side:
| Municipality | Distance | IMI 2025 | €/m² (sales) | New homes per 1,000 residents |
|---|---|---|---|---|
| Madalena | 0,3 % | 1 118 € | 5.11 | |
| Horta | 10 km | 0,3 % | 1 359 € | 0.66 |
| São Roque do Pico | 18 km | 0,3 % | 1 390 € | 7.60 |
| Lajes do Pico | 28 km | 0,3 % | 1 138 € | 1.97 |
| Velas | 32 km | 0,3 % | 1 103 € | 4.31 |
| Calheta (Açores) | 54 km | 0,3 % | 697 € | 0.58 |
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.
How the rate changed
Madalena has not touched the rate since 2023: 0,3 % for 3 years running.
| Year | Urban rate |
|---|---|
| 2023 | 0,3 % |
| 2024 | 0,3 % |
| 2025 | 0,3 % |
Median price per m² in Madalena
In Madalena the median sale value of family dwellings was 1 118 € per m². It is a 12-month median; the last quarter counted is Q1 2026.
- Existing housing only: 1 049 € 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 Madalena
Purchasing power per capita in Madalena is 84.76, 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 Horta district:
- Corvo 0,3 %
- Horta 0,3 %
- Lajes das Flores 0,3 %
- Lajes do Pico 0,3 %
- São Roque do Pico 0,3 %
- Santa Cruz das Flores 0,3 %
Common questions
- What is the IMI rate in Madalena in 2025?
- 0,3 % for urban property.
- How much IMI is paid in Madalena on a VPT of 100 000 €?
- 300,00 € a year.
- What IMI rate do the municipalities nearest to Madalena charge?
- Horta 0,3 %, São Roque do Pico 0,3 %, Lajes do Pico 0,3 %, Velas 0,3 %, Calheta (Açores) 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