The Lisboeta

Building Portugal at 6 (%) VAT rate – The Three King’s Gift?

Friday, 16 January 2026RSS
Building Portugal at 6 (%) VAT rate – The Three King’s Gift?

Home Property Building Portugal at 6 (%) VAT rate – The Three King’s Gift? Building Portugal at 6 (%) VAT rate – The Three King’s Gift? Embracing the Christmas season’s spirit of giving, the Portuguese Government submitted, on 2nd December the, Proposal No.

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Context & Explainers

A public–private partnership (parceria público-privada) is a long-term contract where the public sector hires a private company to build, operate or maintain public infrastructure while the state pays over time. For the Algarve Central Hospital this matters because the initial investment is reported at more than €420 million but the total charge to the state will be about €1.1 billion, meaning taxpayers fund construction and long-term service payments (often over 20–30 years) rather than a one-off public purchase.