PROPERTY TAX ASSEMENT

The Real Estate Tax (ISBI), Law No. 7509, popularly known as the Territorial Tax, is established in favor of municipalities and applies to the value of existing land, facilities, or fixed and permanent constructions. For the purposes of this Law, an appraisal is defined as the set of calculations and operations used to determine the value of an urban or rural property, considering its use.

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what are the purposes of property tax appraisals

Property tax appraisals are essential for determining the correct fiscal value of a property, whether urban or rural. This tax, regulated by Law No. 7509, popularly known as the Territorial Tax, is established in favor of municipalities and applies to the value of land, as well as fixed and permanent buildings and installations. A professional appraisal provides the owner with a solid basis for calculating the tax, avoiding overcharges or incorrect payments and thus ensuring responsible and accurate tax management.

Furthermore, having an updated appraisal is essential in legal, administrative, or municipal processes related to property. Whether in purchase, sale, donation, inheritance division, or legal proceedings, having a technical appraisal in accordance with official guidelines provides legal certainty to the parties involved. This prevents potential conflicts with the local tax authorities and strengthens the confidence of the owner or investor when carrying out any transaction related to the property.

Finally, conducting an adequate appraisal for the Real Estate Tax (ISBI) facilitates future financial and asset planning. Knowing the property's updated tax value allows owners to clearly project the tax's economic impact, make informed decisions regarding the maintenance or development of the land or building, and even plan asset strategies that optimize their resources. At ARAICA, we guarantee accurate, well-founded appraisals that comply with current municipal and technical criteria, providing confidence, transparency, and support in every transaction related to your real estate.

what do our appraisals offer for property tax?

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Extensive experience in appraisals for the Real Estate Tax (ISBI), supported by numerous valuations of both urban and rural properties. Our team has in-depth knowledge of Law No. 7509, its regulations, and complementary rules. We are highly familiar with the administrative procedures and calculation tools required by municipalities to ensure accurate and valid appraisals
On-site inspections carried out by our appraisers to directly evaluate the property and gather all relevant information. This ensures that the characteristics of the land, permanent buildings, fixed installations, and other factors determining the taxable value are properly considered.
Comprehensive evaluations that consider critical aspects such as geographic location, property dimensions, construction value, land use (urban or rural), socioeconomic environment, and overall conditions. All of this is done with the goal of obtaining a fair tax valuation aligned with official technical criteria.
Application of specialized methodologies and advanced technical tools, ensuring precise, consistent, and reliable results that fully comply with Law No. 7509 and current municipal regulations.
Strict compliance with the legal and technical requirements of the Real Estate Tax Law (ISBI), enabling property owners to meet their tax obligations securely, correctly, and transparently avoiding inconsistencies or administrative penalties.
Delivery of a detailed and substantiated appraisal report, supported by documentation, technical references, and verifiable data that guarantee the determined tax value. This report provides property owners with the legal certainty and confidence needed to carry out municipal or tax-related procedures.