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Portuguese condo fees are calculated by each unit's permilage in the constitutive deed. How to calculate monthly fees, reserve fund contributions and special assessments.
Portuguese condo fees are based on each unit's permilage (per-thousand fraction) in the constitutive deed (Civil Code Art. 1424). Formula: (Annual budget ÷ 12) × (Permilage ÷ 1000). Add mandatory reserve fund contribution (min. 10% of annual budget per Lei 8/2022).
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Published 7 August 2026 · IgeraFincas Editorial Team · 10 min read