Portuguese Government Invests €800 Million in Urban Rehabilitation
The Portuguese government announced that it had signed a total of 285 contracts under the auspices of the Financial Instrument for Urban Rehabilitation and Revitalization – IFRRU 2020.
3 & 6-Month Euribor Rates Fall in March
4 March 2021 – Ana Custódio According to a simulation by Deco/Dinheiro&Direitos, the average mortgage payment instalment in Portugal will fall in March for contracts indexed to the three- and six-month Euribor. Thousands of families have halted mortgage payments since April 2020, taking advantage of the Portuguese government’s decree-law permitting a suspension of payments due […]
New Expropriation Regime for Public Works to Last Until the End of 2022
26 February 2021 – Ana Custódio Portugal’s Council of Ministers approved the decree-law creating a special regime for expropriation and the constitution of administrative easements to implement projects included in the Economic and Social Stabilisation Programme. The regulations entered into force on Wednesday and will remain in place until December 31, 2022. The new law […]
Increase in the Number of Municipalities offering IMI Discount for Families
24 February 2021 According to Portugal’s Ministry of Finance, last year saw an increasing number of municipalities opt to provide discounted IMI rates. A total of 253 local governments, up from 235 in 2019 (+7.7%), now offer the benefit to families with dependents. The benefit was first granted in 2016. The Family IMI is a […]