Property Tax 2nd Instalment

Owners of buildings and land pay property tax in two equal instalments: the first in March-April-May, the second in November. Instalments not paid on time attract a late surcharge. For newly acquired buildings the declaration is filed by the end of March of the calendar year following the acquisition.

For companies

Workplaces registered in a company's name also incur property tax; for leased premises the owner, not the tenant, is the taxpayer.