Portuguese VAT

Prefabricated houses have been gaining more and more fans over the last few years, as they can be cheaper than traditional construction and are much quicker to build. But there are still doubts among builders and families about the application of VAT on the sale of these homes.

The Portuguese Government has approved a draft law to reduce VAT on food products, which will now be submitted to Parliament for consideration.

The cost of buying a house is more than just your monthly mortgage payments.