Portugal
Main changes for investors – Draft Laws 71/XV/1 and 77/XV/1
Find the most up-to-date version of the Guide HERE
This guide summarizes the main changes introduced by the More Housing Program for investors.
The government’s draft laws mentioned in this document (Draft Laws 71/XV/1 and 77/XV/1) are still under parliamentary consideration. The plenary debate is scheduled for May 19, 2023.
Although these draft laws may undergo changes during the approval process, it is important to understand their key aspects:
- Rentals
New residential rental agreements: Limits on the initial rent
Pre-1990 rental agreements: Non-transition to New Regime on Residential Leases (NRRL)
Forced rentals
- Short-term letting
- Purchase for resale
- Golden Visa
- Urban Development Simplex – Simplifying urban development procedures
- Urban Development Simplex – Real estate use and transactions
- Simplifying zoning processes