- In 2025, Portugal will extend the reduced 6% VAT rate to new construction and renovation, offering significant tax relief for families.
- To qualify, properties must not exceed a sale value of 648,022 euros or a monthly rent of 2,300 euros, making cost control and detailed planning essential.
- Properties must be sold or rented within two years of the use license to retain the tax benefit, requiring efficient commercial planning.
- For self-build projects, VAT is refunded after completion, so families need upfront financial liquidity.
Source: tiagorcorreia.com
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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