Edition 1454
16 December 2017
Edition: 1454

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Algarve slams recently-proposed new property tax

in Algarve · 19-09-2016 15:56:00 · 0 Comments


The Algarve’s largest hotel association AHETA has slammed a new real estate tax announced last week by the socialists and the Left Bloc that aims to charge tax on global property assets and not individual properties.

Algarve slams recently-proposed new property tax


AHETA said the tax would scare off potential investors, particularly in the residential tourism market.


The as-yet unnamed new tax was announced last week and is expected to cover only high-value properties.

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Edition 1454
16 December 2017
Edition: 1454

Read this week's issue online exactly as it appears in print.

Twitter