Unlocking Housing: Government's New Tax Breaks and Construction Reforms Revealed
Público14 hours ago
920

Unlocking Housing: Government's New Tax Breaks and Construction Reforms Revealed

Politics
housing
tax
government
construction
realestate
Share this content:

Summary:

  • New fiscal incentives introduced for property owners setting moderate sale and rental prices.

  • Simplification of construction project licensing to speed up housing development.

  • Penalties imposed on non-resident buyers to regulate the housing market.

  • Measures require approval from the Assembly of the Republic, where the government lacks a majority.

  • Focus on addressing housing affordability through tax breaks and regulatory changes.

The Government has unveiled a new package of measures for the housing sector this Thursday. Most of the measures involve fiscal incentives aimed at property owners who charge "moderate values" for sales and rents of houses, but there are also innovations in the licensing of construction projects, which the executive of Luís Montenegro intends to simplify. There will also be penalties for non-resident buyers.

These measures of a fiscal nature and changes to the licensing of construction projects will have to pass through the Assembly of the Republic, where the coalition forming the Government does not have a majority.

Comments

0

Join Our Community

Sign up to share your thoughts, engage with others, and become part of our growing community.

No comments yet

Be the first to share your thoughts and start the conversation!

Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

OR
PortugalToday.news logo

PortugalToday.news

Get PortugalToday.news on your phone!

Other Latest News

Almedina Opens New Bookstore in Lisbon's Heart: A Cultural Hub for Book Lovers

Almedina Opens New Bookstore in Lisbon's Heart: A Cultural Hub for Book Lovers

2 hours ago
890
PSD and Chega in Secret Talks to Shape Portugal's New Foreigners Law

PSD and Chega in Secret Talks to Shape Portugal's New Foreigners Law

50 minutes ago
960
Is There a Future for Culture in the Algarve? Insights from Local Leaders

Is There a Future for Culture in the Algarve? Insights from Local Leaders

4 hours ago
890
Delta Air Lines to Launch First-Ever JFK to Porto Flights in 2026, Boosting Portugal Travel

Delta Air Lines to Launch First-Ever JFK to Porto Flights in 2026, Boosting Portugal Travel

5 hours ago
1020
Artistas Unidos Finds New Home in Marvila: Lisbon's Cultural Revival Takes Center Stage

Artistas Unidos Finds New Home in Marvila: Lisbon's Cultural Revival Takes Center Stage

3 hours ago
950
Flight Forced to Land in Lisbon After Passenger Threats and Assaults

Flight Forced to Land in Lisbon After Passenger Threats and Assaults

6 hours ago
960
From Madeira to Eurovision: The Rise of Portuguese Singer Elisa

From Madeira to Eurovision: The Rise of Portuguese Singer Elisa

11 hours ago
960
Classic Cars and Charity Unite: Lisbon's Distinguished Gentleman's Drive Returns in 2025

Classic Cars and Charity Unite: Lisbon's Distinguished Gentleman's Drive Returns in 2025

12 hours ago
930
Azores on High Alert: Post-Tropical Storm Gabrielle Packs Hurricane-Force Winds

Azores on High Alert: Post-Tropical Storm Gabrielle Packs Hurricane-Force Winds

13 hours ago
1020
Government Open to Extending Public Sector Wage Deal Through 2029 – What's at Stake?

Government Open to Extending Public Sector Wage Deal Through 2029 – What's at Stake?

10 hours ago
960
Mystery Deepens: Russian Designer Kidnapped in Lisbon Remains Missing for Nearly Two Weeks

Mystery Deepens: Russian Designer Kidnapped in Lisbon Remains Missing for Nearly Two Weeks

16 hours ago
830
Unlocking the Algarve's Economic Future: Key Insights from Faro's High-Profile Debate

Unlocking the Algarve's Economic Future: Key Insights from Faro's High-Profile Debate

21 hours ago
920
Lisbon Expands Preschool Education with 350 New Spots in Landmark Agreement

Lisbon Expands Preschool Education with 350 New Spots in Landmark Agreement

15 hours ago
900
Algarve's Economic Congress Tackles Seasonal Dependency with Bold Diversification Plans

Algarve's Economic Congress Tackles Seasonal Dependency with Bold Diversification Plans

1 day ago
840
Parliament Approves Santos Pereira as Bank of Portugal Governor Amid Political Tensions

Parliament Approves Santos Pereira as Bank of Portugal Governor Amid Political Tensions

1 day ago
820
Portugal Slaps Higher Taxes on Foreign Home Buyers to Tackle Housing Crisis

Portugal Slaps Higher Taxes on Foreign Home Buyers to Tackle Housing Crisis

1 day ago
1090
Portugal's Bold Housing Overhaul: Slashes VAT on Construction, Scraps 'Affordable Rent' for New 'Moderate Rent' Up to €2300

Portugal's Bold Housing Overhaul: Slashes VAT on Construction, Scraps 'Affordable Rent' for New 'Moderate Rent' Up to €2300

1 day ago
900
Lisbon's Fado Renaissance: How New Intimate Venues Are Reviving the Soul of Portuguese Music

Lisbon's Fado Renaissance: How New Intimate Venues Are Reviving the Soul of Portuguese Music

1 day ago
960
British Fugitive Captured in Spain After 17-Month Manhunt for Algarve Stabbing Murder

British Fugitive Captured in Spain After 17-Month Manhunt for Algarve Stabbing Murder

1 day ago
910
Historic First: LNG Bunkering Debuts at Portugal's Port of Leixões, Boosting Green Shipping

Historic First: LNG Bunkering Debuts at Portugal's Port of Leixões, Boosting Green Shipping

1 day ago
880
Lisbon's Art for Palestine Festival 2025: Full Program Revealed with Concerts, Film Premieres, and Solidarity Events

Lisbon's Art for Palestine Festival 2025: Full Program Revealed with Concerts, Film Premieres, and Solidarity Events

23 hours ago
910
Hurricane Gabrielle Threatens Azores with Heavy Rain and Damaging Winds Before Hitting Portugal

Hurricane Gabrielle Threatens Azores with Heavy Rain and Damaging Winds Before Hitting Portugal

1 day ago
1010
Shocking Arrest: Father Detained for Raping and Impregnating His Minor Daughter, Abusing Both Children

Shocking Arrest: Father Detained for Raping and Impregnating His Minor Daughter, Abusing Both Children

1 day ago
950
Major Drug Bust in Lisbon: Seven Arrested with Massive Haul of Cocaine, Heroin, and Cash

Major Drug Bust in Lisbon: Seven Arrested with Massive Haul of Cocaine, Heroin, and Cash

1 day ago
920
President Marcelo Hints at Avoiding Second Constitutional Review for Revised Foreigners Law

President Marcelo Hints at Avoiding Second Constitutional Review for Revised Foreigners Law

1 day ago
1160
Algarve's Citrus Industry Launches Major International Push to Showcase Protected Geographical Indication in Four Key Markets

Algarve's Citrus Industry Launches Major International Push to Showcase Protected Geographical Indication in Four Key Markets

2 days ago
890
Algarve's Water Crisis: 100% Funding for Urgent Leak Reduction Projects Announced by Environment Minister

Algarve's Water Crisis: 100% Funding for Urgent Leak Reduction Projects Announced by Environment Minister

2 days ago
870
Rediscovering Lisbon's WWII Secrets Through a Captivating Film-Concert Experience

Rediscovering Lisbon's WWII Secrets Through a Captivating Film-Concert Experience

2 days ago
870