Calculate the annual real estate tax for a main or other residential property based on its value.
| Value portion | Rate |
|---|---|
| €0 – €50,000 | 0% |
| €50,000 – €200,000 | 0.2% |
| €200,000 – €400,000 | 0.4% |
| €400,000 – €600,000 | 0.6% |
| €600,000 – €1,000,000 | 0.8% |
| above €1,000,000 | 1.0% |
For a main residential property, the tax is calculated only on the value exceeding €450,000 (for a single person) or €900,000 (for a married couple) — the excess is taxed using the same brackets. Indicative calculation — municipalities may adjust the rates; check the exact amount on the VMI/municipality website.
Property where a person has declared their place of residence and which is owned solely by them (or jointly by a married couple). All other property (a second home, commercial property, land) has a lower tax-free threshold.
Yes — each portion of value is taxed at that bracket's rate, similar to progressive income tax brackets, rather than the whole property being taxed at the single highest rate.
Yes, a municipal council can adjust the rates within the limits set by law. The calculator shows the base/indicative rates — check the exact amount for your municipality on the VMI or municipality website.
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