Lisbon bets big on repaving in 2027 and will relaunch affordable rent PPPs
Lisbon'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).