The regulation also limits using housing for tourist purposes and advocates for ending residence permits in exchange for investment.

Rebelo de Sousa stated in a press release that the reform is part of an overly optimistic speech and questioned the bill’s credibility in terms of short-term implementation.

In a letter addressed to the National Assembly, the Portuguese president called for greater involvement of public administrations in housing construction and pointed out that such measures are more of a symbolic gesture than a tangible social benefit.

Representatives of Portugal’s Socialist Party, in turn, informed that they would use their absolute majority in Parliament again to push through the plan, which was already voted on in July.

Eurico Brilhante Dias, leader of the Socialist Group in the Assembly, confirmed that his group would again vote in favor of the text without changes while respecting the political disagreement expressed by the head of State.

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