Inês Ventura Salazar and Inês Meneses Lampreia wrote the article ‘Unlocking Homeownership: Portugal's New Tax Exemptions and Their Impact on the Housing Market’

Inês Ventura Salazar and Inês Meneses Lampreia wrote the article ‘Unlocking Homeownership: Portugal's New Tax Exemptions and Their Impact on the Housing Market’, which analyses the Portuguese government's new measures to facilitate access to housing for young people under 35. Among the main measures are exemptions from Municipal Property Transfer Tax (IMT) and Stamp Duty for properties up to €316,272.00, with partial exemptions for properties up to €633,453.00.

The article also discusses the state's new personal guarantee, which covers up to 15% of the property's value for young people without sufficient capital for a mortgage loan. The authors highlight the strict conditions of these exemptions and warn of the possible effects on the property market, including rising prices and the impact on municipal finances.

Read the full article in the attachment below.