A 19th-century building on Rua Gomes Freire, intended to provide 68 affordable rental units since 2018, remains vacant and derelict. The Lisbon Council has issued a formal notice to the private company responsible, ordering the cleaning of the grounds.
This update is from Bica
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Read today’s briefingLisbon's 2027 municipal budget includes 167.1 million euros for housing and plans to relaunch public-private partnerships (PPP) for affordable rental units by offering surface rights for municipal land. The city also forecasts an increase in IMI property tax collection to 163 million euros, up from 139 million in 2026, while continuing to return full IRS shares to residents and exempting 20,000 companies from municipal surtax (derrama).
The government has updated the maximum rent limits for the affordable rental program, with significant increases in cities like Lisbon (up to 785 euros for a T0, 2066 euros for a T5), Porto, and Faro. Separately, November salary and pension payments, including the Christmas bonus, will see a 50% reduction in IRS withholding tax, with standard tax tables returning in December.
This regulation establishes the maximum rent caps by property typology (number of bedrooms) applicable under the Simplified Affordable Rental Regime (Regime Simplificado de Arrendamento Acessível), following the framework set by Decree-Law 97/2026.