Berda Welcomes 6% VAT on Construction, But Sees Impact Only in One or Two Years

• Alexandre Berda welcomes the 6% VAT rate on construction but expects its impact only in one or two years.
• High construction costs remain a major concern for real estate developers, including Vanguard Properties.
• Vanguard is investing in industrialized construction techniques and wood construction for sustainability, speed, and luxury.
• Faster and more agile licensing processes are also highlighted as important factors.

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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