The deduction of renovation expenses can reduce the taxation on capital gains from property sales, provided they have been carried out within the last 12 years and contribute to the property's appreciation.

Discover how Portugal has become a haven for remote work, with tips on visas, cost of living and the ideal lifestyle for digital nomads.

Portugal is among the top ten countries in the world that attracts the most millionaires.

The Government has maintained the square metre value for calculating IMI (property tax) at €532, with a 25% increase, bringing the total to €665 since 2023.

It ranks as the sixth country with the best quality of life, scoring 81.4 points, according to a ranking by Global Citizen Solutions.