Portugal has 800,000 declared landlords

A new report from the Fundação Francisco Manuel dos Santos, based on 2024 tax data, identifies approximately 800,000 taxpayers who declared property income under Category F of the IRS system. This figure includes income from residential, commercial, and rural properties, and does not represent the total number of residential rental units. The study also notes that nearly 45% of Portugal's 6.2 million tax households had no personal income tax liability in 2024.