In a meeting of the Council of Ministers, measures were decided that, until March 16, "will be put under public discussion".
Source: Freepik
Author: Redaction
According to the government, the aim of the new legislation on housing is to respond to the various needs verified by the population, and António Costa spoke to journalists today, after meeting in the Council of Ministers for the approval of this package. The Prime Minister said: "housing issues are today a transversal concern in Portuguese society, since they concern all families", and this is a problem that affects everyone, including "young people and middle class families".
These measures, which have been under discussion for many weeks, were approved and presented today, but will only be published within a month, being subject to public discussion "so that they can be approved definitively, some by the Government, others as a draft law to Parliament, in the Council of Ministers on 16 March".
There are six dimensions that cover the housing problem, and for each of them, the following measures have been taken:
To increase the supply of housing properties
- To convert the use of properties for commerce or services to housing use
- To make state properties available on a CDH basis
To simplify licensing processes- Licensing with a term of responsibility for the designers
- Interest on late payments for non-compliance with licensing deadlines
To increase the number of homes on the rental market
- To reinforce landlords' confidence
- The State rents to sublet
- The State guarantees payment after three months of non-compliance, proceeding with collection, support or eviction
To increase public supply
- To apply exemption of capital gains on property sales to the State.
To promote affordable rent
- Financing for municipalities to carry out coercive works
- Incentives for the transfer of houses in local housing
- Mandatory lease of vacant houses
- Tax exemption for affordable rentals
To combat speculation
- End of gold visas
- Guaranteeing fair rent in new contracts
To protect families
- Exemption of capital gains to amortise mortgages for own and descendants' loans
- In housing credit, apply the obligation for banks to offer a fixed rate and protection in interest rate rises in the value of rents
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