Public guarantee, IMT and Stamp Duty exemptions on home purchases maintained for young people in the 2027 State Budget

The 2027 State Budget (OE2027) proposal confirms the continuation of the public guarantee and the IMT (Municipal Property Transfer Tax) and Stamp Duty exemptions for young people up to 35 years old buying their first permanent home. Additionally, the Porta 65 housing rental support program for young people will be strengthened.

Why it mattersIf you are aged 35 or under and planning to buy your first home in Portugal next year, you can continue to rely on the current tax exemptions and public guarantee scheme.

Correio da Manhã· 2h agoRead original ↗

Porto Council refuses Local Accommodation license for Diocese hotel near the Cathedral

Porto City Council officially denied a Local Accommodation (AL) license for a hotel project planned by the Diocese at the Major Seminary of Nossa Senhora da Conceição. The council's decision, finalized on August 18, is based on municipal regulations that designate the historic center as an area of restriction for new AL licenses, deeming independent hotel activity incompatible with the site's primary function.

Observador· 24m agoRead original ↗

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Housing

2027 State Budget: Government maintains 303 million euro state revenue loss from housing tax package

The 2027 State Budget proposal maintains a projected 303 million euro reduction in state tax revenue from housing measures. Key components include a 94 million euro impact from reducing VAT on construction to 6% and a 209 million euro impact from lower IRS tax rates for landlords offering 'moderate' rents up to 2,300 euros.

Correio da Manhã· 1h agoRead original ↗

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Public guarantee, IMT and Stamp Duty exemptions on home purchases maintained for young people in the 2027 State Budget

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Porto Council refuses Local Accommodation license for Diocese hotel near the Cathedral

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