Urban rehabilitation has become of great importance in recent years in terms of the overall development of the local economy and, at the same time, naturally contributes to improving the quality of life of citizens. On the other hand, public entities (European Union, Government and City Halls), seeking to stimulate private initiative in this area, grant subsidies or tax exemptions to those who undertake such projects.
The role of citizens in Portugal
Au Portugal, some municipalities thus play an essential role in the field of urban rehabilitation, providing access, under certain conditions, to tax exemptions in case of rehabilitation of buildings, houses or apartments.