Update of the exemption limit for real estate tax

On January 24, 2024, MH-DGH-RES 0002-2024 was published, updating the requirements for exemption from the real estate tax, as follows:

• The property must be unique, i.e., that only a natural person has registered such property in the Real Estate Registry.
• That the value of the property registered with the Municipality does not exceed ¢20,799,000 (the value is maintained for the year 2023).

Where a person has only one property, and its value exceeds ¢ 20,799,000, the real estate tax is only payable on the excess.