Portugal is preparing to increase the property transfer tax (IMT) for non-resident buyers, a move aimed at cooling demand and easing housing pressure.
But hereโs what most people miss ๐
Foreigners represent only around 5% of total transactions, meaning this adjustment is more political than structural.
For serious investors, itโs not a red flag; itโs a reminder to focus on structured investments where returns stem from development value and strategy, rather than speculation.
๐ In short: policy shifts donโt kill good projects, they highlight the need for solid structures like CAEP.