Challenges of Building Affordable Housing in Portugal: Insights from Frederico Pedro Nunes, Bondstone’s COO

Frederico Pedro Nunes, Bondstone’s COO, was interviewed by Idealista during the Salão Imobiliário de Lisboa event to discuss the challenges of building affordable housing in Portugal. He argues that the high tax burden makes this task impossible and supports the government’s proposal to reduce VAT on construction from 23% to 6% as a necessary measure to lower costs. Nunes also emphasizes the importance of effective collaboration between the public and private sectors to tackle the housing crisis, advocating for tax incentives and legislative stability. He highlights the Arcaya project in Vilamoura as an example of sustainable investment.

For more details, read the article and listen to the full interview here.