Miguel Marques dos Santos has written a new article published in Magazine Imobiliário, analysing the regime of Rental Investment Contracts (CIA), one of the main new features of the legislative package recently approved by the Portuguese Parliament to encourage the supply of housing.

In the article, the VdA partner analyses the potential of this new instrument to boost the rental market, highlighting the relevant tax incentives combined with an innovative mechanism for contractual stability, to reinforce investor confidence.

‘The introduction of a clause protecting the economic and financial balance, inspired by the Public Contracts Code regime, represents a clear sign that the Government intends to create a framework of trust and predictability to attract long-term private investment in the residential rental market.’

According to the author, if properly structured and implemented, the regime could represent an important step towards attracting long-term investment and strengthening the predictability of the regulatory framework governing residential letting in Portugal.

• This article is available here.