Owners who sell housing to the State or municipalities will benefit from capital gains tax exemption, the Prime Minister announced today.
António Costa was speaking at the end of a Council of Ministers in which a new legislative package on housing was approved, with measures aimed at stimulating the rental market, as well as streamlining and encouraging construction.
The measure aims to increase the supply of homes for the affordable rental market.
Read also
Government will stop granting “gold” visas, announces António Costa
Government prohibits new Local Accommodation licenses and limits rent increases in new contracts
Government will simplify municipal licensing and penalize delays in issuing opinions
António Costa: Banks will now have to provide a fixed rate offer on home loans
Government approves credit line for municipalities to carry out works on vacant houses
Autonomous IRS rate on house rents will drop from 28% to 25%
Comments