The year 2026 marks a significant turning point in the Portuguese real estate market. The newly announced tax measures will reinforce the sector’s attractiveness and create more favorable conditions for those looking to buy a home or invest in a structured way.
Among the main changes, direct incentives for construction and leasing stand out, with a real impact on purchasing decisions. The reduction of VAT for housing construction up to certain values, the increase in income tax deductions associated with rents, and the exemption of capital gains tax in cases of reinvestment in affordable rental housing are clear examples of this new framework.
These measures contribute to a more balanced, predictable, and competitive market, favoring sustainable and less speculative investment decisions.
At Mafavis, this new context is not seen as a one-off opportunity, but as part of a structural evolution of the sector. Projects are designed to meet the current and future needs of the market, integrating solutions that comply with legislation, incentives, and the expectations of those seeking security and appreciation in the medium and long term.
Investing wisely means choosing projects that are prepared for the future, not just the present moment.