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The Portugal Brief

The Portugal Brief

Housing

European Commission Pushes Lisbon to Update Imóveis Patrimonial Values Across the IMI Base — Brussels' Country-Specific Recommendation Frames a Recurrent-Tax Pivot Against the IMT Transaction Stack to Unlock Vacant Stock

The European Commission's 3 June 2026 Country-Specific Recommendation asks Portugal to update the IMI patrimonial values and pivot from IMT transaction tax to recurrent IMI — explicitly to push vacant stock onto the market and ease residential mobility.

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Family of Glória Funicular Victim Lodges €1.05 Million Damages Action at Lisbon's Tribunal Administrativo — Husband and Daughter Name Carris, Mntc Manutenção and Fidelidade Insurance

The husband and daughter of Ana Paula Mendes, killed in the 3 September 2024 Elevador da Glória derailment, file a €1.05 million civil-damages action at Lisbon's Tribunal Administrativo against Carris, maintenance contractor Mntc and Fidelidade insurance — the first publicly disclosed claim.

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Tekever Doubles Its French Investment to €200 Million Over Five Years at Choose France 2026 — Cahors Excellence Centre Hits Summer Opening as 200 Skilled Jobs Land Across Occitânia and Nouvelle-Aquitaine

Portuguese drone unicorn Tekever doubles its France investment to €200 million over five years at the Choose France 2026 summit in Versailles — adding 200 highly skilled jobs across Occitânia and Nouvelle-Aquitaine and bringing the Cahors industrial centre online this summer.