The exemption from capital gains tax on the sale of secondary homes and land for construction ends in one week, on December 31, 2024.
This measure, part of the “Mais Habitação” package, applies to sales made between 2022 and 2024, provided the proceeds are used to repay home loan debts within three months after the sale.
After this date, it will no longer be possible to benefit from this exceptional exemption.
The exemption applies when the repayment is made on a home loan for the seller’s permanent residence or their direct descendants, such as children or grandchildren.
Tax Department
Sofia Quental | Inês Grácio | Catarina Amaral
