During 2024, the trend of property purchase by young people could experience an interesting evolution. Recent regulatory developments, which are still being finalized, point to the implementation of incentivized measures to encourage access to a first home.

In fact, the government is currently working on decrees to introduce a bonus, scheduled for 2024, which aims to provide significant financial support by allowing more advantageous conditions. In addition, the recent financial maneuver extended the possibility for young people under 36 years of age to access the State Guarantee Fund on first home mortgages until December 31, 2024, which can reach up to 80 percent for many income brackets, further facilitating access to credit.

A positive element that is also influencing the market is the downward trend in mortgage interest rates. After an upward spike, a steady descent has begun, and analysts predict that in the short to medium term they will return to pre-crisis levels. This scenario makes home buying more accessible and affordable for young buyers.

In summary, 2024 looks to be a promising year for young people wishing to enter the housing market. Government measures to incentivize the purchase of a first home, together with the downward trend in interest rates, create a favorable environment for those dreaming of their own nest egg.