In the sale of a property, which has undergone rehabilitation works by the owner (resident in Portuguese territory), the minimum rate (5%) will be applied in the calculation of the Personal Income Tax-IRS to the resulting capital gains. This tax benefit is only valid for properties located within the Urban Rehabilitation Areas and is expected at least...
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Construction
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Advantages in the IRS
The growing increase in the price per square meter of houses in large urban centers and their historic areas, is conditioning demand and displacing real estate activity and the construction of properties to the periphery of Lisbon and Porto.
The appreciation of homes located in the center of these cities is the result of the growth of tourism, the consequent increase in the activity of...
View moreSIMPLEX + 2016 Measures for Real Estate
Jul
05
2016
The new legislative package has an impact on several areas, among which I am interested in describing those that concern the real estate sector and which, according to Graça Fonseca, the program coordinator, are to be implemented within a maximum period of 1 year.
With regard to the real estate sector, the measures presented will have an impact on construction, real estate promotion...
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