- The government approved a 6 percent VAT for housing construction up to 648 thousand euros.
- This measure will be in effect until 2029 and will be re-evaluated by the future government.
- A rent cap of 2,300 euros is set for rental properties.
- The initiative aims to boost the housing market and support middle-class families.
- Additional measures include increased IMT for non-residents and exemptions from additional IMI for certain rentals.
Source: jornaldenegocios.pt
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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