On 21 October 2022, Law no. 19/2022, of 21 October was published in the Official Gazette, which, among other measures, determines the rent updating coefficient (housing and non-housing) for 2023, creates an extraordinary support for rentals and reduces VAT on the supply of electricity.

> Updating Coefficient for Rents

For the calendar year of 2023, instead of the usual rent updating coefficient determined by the Instituto Nacional de Estatística (INE), the Law determines the application of an updating coefficient of 1.02 to the several types of leases (including housing and non-housing leases), without prejudice of a different agreement between the parties.