Tax on rental properties proposed

The government’s 2027 budget includes a plan to introduce a tax on furnished rental properties, aiming to collect 200 million euros annually from this source.

Concerns from property owners

Owners of furnished rental properties have expressed concerns about the potential financial impact of the proposed tax, fearing it could reduce their income or discourage investment in rental housing.

Real estate sector reacts

Industry groups and real estate professionals have called for further clarification on how the tax will be applied, including what qualifies as a furnished property and how the revenue will be used.

Government defends the measure

Officials argue that the tax is necessary to address housing market imbalances and ensure that those who benefit from rental income contribute fairly to public finances.

Uncertainty ahead

The proposal has introduced uncertainty for property owners and investors, with some considering delaying new projects or adjusting their current rental strategies until the policy is finalized.