Taxes

They are not the nicest aspect of a real estate transaction, but without taxes it would not be possible to support our community life. The real estate sector is one of those that suffers the most with the complexity and fiscal multiplicity, follow on this page the news that I am writing on this topic.

Index What are, nowadays, and very briefly, the main difficulties for those who want to buy or rent a house? What is the root of the problem in Portugal? For a young person who wants to buy their first home, what barriers are there? Are there any incentives missing? Which? And what future challenges does the new generation face?... View more
Introduction to the Real Estate Market in Portugal

Portugal is a destination appreciated by foreigners, thanks to its mild climate, feeling of security, good schools, quality services and infrastructure, for having receptive and hospitable people, where command of the English language is great, magnificent landscapes and a rich culture . These reasons are amplified by an attractive real...

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Index Why pay a 5% commission and what services do you receive in return? Is the 5% Commission Excessive? What do owners and buyers think ? 5 reasons that justify the value of the real estate commission Factors that Influence the Commission Amount Table of Commissions paid... View more

The program aims to increase the supply of affordable housing in Portugal, fight real estate speculation and promote foreign investment in the housing sector.

Measures of the "Mais Habitação" Package

The program contains several measures, among which the following can be highlighted:

Creation of support for the promotion of affordable rental housing; Promotion of a new generation... View more

As with other real estate questions, there is no "turnkey" answer that fits all doors. Each case is different. Therefore, I will approach this topic by talking about several perspectives that can help you formulate the most appropriate choice.

Time and place are crucial

What seems appropriate at one time will not be so at another. When considering the advantages and disadvantages of...

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Municipal Property Tax (IMI) will get more expensive in 2022 for newly built or rehabilitated homes. After three years without moving, the rate should increase by around 4% for these cases, and all because of the recent escalation in construction costs, which led the Government to update one of the coefficients that serve as the basis for calculating the tax. .

Since 2019, the value of...

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In 2021, property owners will pay less IMI (municipal property tax) in 84 municipalities in the country. According to the legislation that governs this tax, which reverts to the municipal coffers, each municipality has the autonomy to choose which rates to apply, within certain limits. In the case of a home for own housing, the rate can vary between 0.3% (minimum rate) and 0.5% (maximum rate...

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Excuse me please...

My experience in this area has allowed me, however, to see that the activity of real estate brokerage suffers from a serious gap that has affected both professionals and clients, who need to use a mediator to buy or sell their property.

Although the activity of real estate mediation companies has been a regulated activity since 1992 and at present it requires the...

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