September 2026Property & housing

Longer-term usufruct and investment structures introduced

Status: PUBLISHED

What changed: Recent reforms provide longer possible terms for certain usufruct and investment arrangements involving state-owned land and assets.
Who it affects: Property development · Investment · Hospitality · Agriculture · Commercial projects
What it means in practice: Longer contractual periods can make renovation, development, hospitality, agricultural and commercial projects more financially viable.
CPS note: Usufruct and concession rights are rights of use, not legal ownership. These arrangements are not a purchase of property.

Last verified: 15 September 2026

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