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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...

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...

Living in Óbidos: how the medieval town compares to Coimbra

With cobblestone streets and ancient walls, Óbidos is the perfect setting for those who want to live in a town full of history. Obidos Óbidos is known for its impressive wall that surrounds the historic centre, its narrow streets with Portuguese cobblestones and its whitewashed houses with touches of blue. This town is a popular tourist destination and also a place where history intertwines with...

Portugal Needs a Construction Revolution and Smarter Solutions

Between offices, hospitals, hotels, theaters, museums, monuments, residential developments, and factories, the HCI group has been shaping Portugal’s construction and renovation scene for 45 years. Their portfolio is extensive, featuring iconic and large-scale projects that bridge tradition and modernity. One standout is the renovation of Lisbon’s Calouste Gulbenkian Modern Art Center (CAM), a project...

New Land Law: Transform Rural Land into Affordable Housing

The New Land Law Brings a Sea of Opportunities for Owners of Rural Land The new land law presents a wealth of opportunities for those who own rural plots. This is because, in addition to using the land for farming or livestock, owners can now pursue reclassification of their land into urban plots, provided it is intended for constructing homes, particularly at affordable prices. In this guide prepared...

Lisbon elected the Best World Heritage City 2024: find out why

In this 2024 edition, Lisbon receives, for the second time, the award for Best City Break Destination in the World. Lisbon was awarded as the "Best World Heritage City" for the first time and, for the second time, as the "Best City Break Destination in the World" in the 2024 edition of the World Travel Awards. The ceremony known as the "Oscars of Tourism" took place this Sunday in Funchal, Madeira....

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