Property tax 2027: what changes for owners?

On 4 November 2026 the cabinet approved a tax package that raises the assessment values for buildings, land and structures under the Local Taxes and Fees Act: by 30 per cent in 2027 and by 35 per cent in each of 2028 and 2029. The amount of tax still depends on the rates each municipality sets. The draft still requires legislative adoption, and the report gives no date of entry into force. For owners this means: assessment values rise in three steps, and the actual bill depends on the municipal rate. Note that the steps apply only once the law is adopted. Anyone letting out property or holding several properties should ask the responsible municipality for its 2027 rates and budget for the tax accordingly. Source: BTA.