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30 October 2024
Changes to Local Accommodation legislation (AL)
Decree-Law no. 76/2024 of 23 October was published in the Official Gazette, amending the legal framework for the operation of local accommodation establishments. The new rules come into force on 1 November.
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10 October 2024
Our New Property Guide
Hot off the press! Come and collect our new bilingual property guide and have a coffee with us @ Cerro Novo Properties.
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24 September 2024
Renovate your home for a cosy season
As autumn approaches, the days begin to shorten and the cooler air brings a promise of indoor cosiness. It's the perfect time to renovate your living space and prepare it for the cooler nights ahead
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01 August 2024
IMT Exemption: How Does the Benefits Work for Young People Up to 35?
Since 1 August, young people up to age 35 can enjoy exemption from IMT and Stamp Duty on purchasing their first permanent home. Here's what you need to know about who can benefit and how to calculate the exemption.
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08 July 2024
Primary Residence (HPP) - Secondary Residence
In Portugal, tax legislation distinguishes between a primary residence and a secondary residence, especially regarding the treatment of capital gains from property sales. Below are the main differences and considerations for each type of residence.
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11 January 2024
Elimination of the need to obtain urban planning licences - SIMPLEX
Decree-Law no. 10/2024, published on 8th January, aims to simplify administrative procedures by eliminating licenses, authorizations, and administrative acts. This decree-law approves measures to allegedly promote housing and reduce burdens in urban planning and land-use planning for companies. Here are the key changes:
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17 November 2023
NHR -Non Habitual Tax Residency extended and still available
Portugal Government extends transitional regime for non-habitual residents so there is still time to apply. If you're interested in the NHR Tax regime then contact us now.
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22 June 2023
Celebrating the Worlds Oldest Alliance.
We were incredibly proud to sponsor and attend this prestigious event hosted by the Portuguese Chamber of Commerce in the UK. To find out more about the important alliance between the UK and Portugal and to check-out some photos from this superb evening.
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21 June 2023
Summer Breeze. Makes you feel fine?
Tailwinds and some summer headwinds in the Portuguese Real Estate Market? In our first short blog we're looking at current trends in our regional property market and look to the long summer days ahead.
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