Portugal Property Digest

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Habitação pública

Opinion 9 Nov 2026

Louçã: property funds drove about 80% of transactions in the first half, and the Government is "fingir que faz"

Francisco Louçã

In a Lusa interview published on 7 November, ahead of his final lecture at ISEG, economist and former Bloco de Esquerda coordinator Francisco Louçã said property funds accounted for roughly 80% of property purchases and sales in the first half of the year and argued the country should take power away from them. He also criticised the PS's public guarantee and tax-benefit proposals as price-inflating, preferring rent-controlled release of existing homes, and called the PRR a missed opportunity. Treat the 80% figure as his claim, not a published statistic.

“fingir que faz”

Why it matters: It is the clearest statement yet of the argument that fiscal support for buyers feeds prices rather than supply — the line any guarantee or exemption in the OE2027 will have to survive.

in parliament (especialidade) 9 Nov 2026

Record 2,847 OE2027 amendments filed; voting from 18 November, final vote 24 November

By the 21:30 deadline on 6 November, parties had filed 2,847 amendments to the 2027 budget, a record for the fifth consecutive year: Chega 711, PCP 650, Livre 504, BE 368, PS 195, JPP 164, PAN 125, PSD and CDS-PP 81 combined, IL 50 (figures from the Assembleia da República platform; the article's body gives slightly different counts for some parties). Discussion and voting of amendments begins on 18 November and the votação final global is set for 24 November.

Why it matters: Every housing tax measure now in play — mais-valias, IMT, IRC on letting, the young-buyer guarantee — is decided in that window, so the rules for 2027 are fixed in the fortnight from 18 to 24 November.