2025

Estate Agents’ Expectations Moderately Optimistic at the Start of the Year

Estate Agents’ Expectations Moderately Optimistic at the Start of the Year Estate agents are moderately optimistic as the year begins. On the one hand, they expect to sell more homes, while on the other, some admit that the number of rented properties is likely to remain the same. And what about prices? The majority of property professionals surveyed by idealista believe that house prices will...

Understanding Co-Ownership and Property Sales in Portugal: Legal Insights

The sale of a property can become a problem when there are multiple owners and only one person wants to sell the property. This is common in cases of divorce or inheritance, leading to many empty and abandoned homes in Portugal. This is where the legal regime of co-ownership comes in, which requires agreement among all owners for the sale to proceed. We explain everything in this article prepared by...

PRR Budget Cut: Government Reduces Housing Investment

The Government is set to cut €391.3 million in funding allocated to housing under the Recovery and Resilience Plan (PRR), as part of a budget reprogramming to be presented in Brussels. The measure, announced by the Secretary of State for Planning and Regional Development, Hélder Reis, is driven by rising construction costs and the limited timeframe for project execution. Despite the budget...

New Hope for Housing: Government Open to Land Law Revisions

The Minister for Infrastructure and Housing, Miguel Pinto Luz, reiterated on Wednesday (January 22, 2025) that the government is “completely open to having a serious discussion” about the land law, expressing a willingness to “adapt and improve it.” Speaking during a parliamentary hearing requested by the Left Bloc (BE) to address changes to the Legal Framework for Territorial Management...

Government Plans New Proposal to Cut Construction VAT

The government is finalizing a draft law to reduce VAT on housing construction, lowering it from the standard rate of 23% to the reduced rate of 6%. This initiative follows the rejection by the opposition of a legislative authorization included in the 2025 State Budget (OE2025). The proposed legislation aims to create conditions to increase the availability of homes targeted at the middle class, as...

EU Housing Prices Surge: Portugal Records 2nd Highest Quarterly Increase in 2024

House Prices Rise in the EU: Portugal Records the Second-Highest Increase Housing prices increased by 1.4% in the Eurozone and 3% across the European Union (EU) between July and September, according to data from Eurostat. Annual OverviewIn the third quarter of 2024, housing prices rose by 2.6% in the Eurozone and 3.8% in the EU, with Portugal registering the second-largest quarterly increase at...

Everything You Need to Know About Modular Homes and Legislation in Portugal

In recent years, modular homes have gained increasing popularity in Portugal, attracting those seeking a modern, sustainable, and cost-effective alternative to traditional construction. However, before embarking on the journey of purchasing or building a modular home, it’s essential to understand the laws and regulations governing this type of construction in Portugal. This article outlines the key...

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