How much is the real estate tax?

Property tax is a tax on the ownership of real estate and its development. The basis for the collection of the real estate tax is the Real Estate Tax Act, the legal basis for the valuation of real estate is the Valuation Act.

This real estate tax is a municipal tax and is fixed and collected by the tax office in whose district the real estate is located. The owner of the property is liable to tax.

The tax base is multiplied by the real estate tax index number and by the rate of assessment fixed by the municipality. As the rates of property tax levies are fixed by the cities, the amount of property tax varies regionally.