The median value of the bank assessment on housing increased by 10 euros in February to 1,560 euros per square meter (m2), as a result of a monthly increase of 0.6% and a year-on-year increase of 5.5%, according to data released by the National Statistics Institute (INE).
Continua a leggereThe average rental price stabilised in March compared to February, but rose 33% compared to 2023, according to data from imovirtual.
Continua a leggereLast year, all Portuguese regions recorded an increase in the contribution of housing purchases by foreign buyers, both in the number and in the value of their total housing sales. But there was one region that stood out in terms of investment by buyers with tax domicile outside Portugal…
Continua a leggereThe creation of a Fund for the Acquisition of Works of Art for National Museums and Palaces and the extension of the conditions for residence permits are part of the diploma approved by the Council of Ministers to encourage private investment in culture.
Continua a leggereThe Housing Price Index (IPHab) increased by 8.2% in 2023, 4.4 percentage points less than in 2022, with the number of house transactions falling by 18.7%.
Continua a leggereA warning was given recently by the European Commission regarding the perceived overvaluation pf property in Portugal, which has now been confirmed by DBRS. When looking at 18 countries around the world, the rating agency concluded that house prices in Portugal grew the most since 2018 (+60%).
Continua a leggereLocal accommodation (AL) has made up for the lack of supply of hotel rooms in the municipality of Almada and there is no evidence that it is forcing local people to move away.
Continua a leggereThe government has announced a suspension in land registration rules until 31 August with retroactive effect to free up property sales in seven municipalities.
Continua a leggereThe most recent Moving to Portugal Show, held on 14th March 2024 in Central London, saw an exceptional turnout of visitors and high levels of engagement from visitors eagerly seeking information on how best to relocate to Portugal, against the backdrop of the recent Portuguese General Election...
Continua a leggereHouse interest rates fall for the first time in two years while average payments have also fallen.
Continua a leggereBanks lent almost ten billion euros to buy houses, with 10% being granted to foreigners, particularly Brazilians, British and Americans.
Continua a leggereGlobal influences helped to decrease the volume of real estate investment in Portugal in 2023 however this was mitigated by the tourist sector.
Continua a leggereThe Bank of Portugal (BdP) has revealed the profiles of people in Portugal who are taking out most mortgages.
Continua a leggereA new study conducted by estate agent comparison site GetAgent has revealed the most in-demand locations to buy a second property in, and Portugal has been ranked 6th in the table.
Continua a leggereThousands of property transactions are at risk in Portugal due to a land registry computing problem.
Continua a leggereDemand continues to be much higher than the existing supply in the property rental market, an imbalance that is behind the rise in rents in recent years. And it seems that this trend is here to stay: house rents rose again by 6.5% in February 2024.
Continua a leggereThe hotel segment continues to be one of the most dynamic in the real estate market, attracting national and foreign investors.
Continua a leggereThe luxury real estate market continues to flourish globally, with the Algarve one of the top five destinations for growth.
Continua a leggereThe vice-president of the Cascais Chamber, Nuno Piteira Lopes, has signed the work permit so that construction on the Quinta dos Ingleses land, in Carcavelos, can move forward.
Continua a leggere4 Days in Vegas and 3 Awards for Portugal
Continua a leggereDespite the slowdown in luxury rentals around the world, according to idealista, the sector has been increasing in Portugal.
Continua a leggereFind out the main housing and real estate measures defended by the main three parties running for the legislative elections.
Continua a leggereThe Mais Habitação diploma has reduced the period from three to one year for entities dedicated to the resale of properties to benefit from IMT exemptions. However, houses purchased before the law are still subject to the three-year period.
Continua a leggereThe richest in the country, who represent 0.1% of the population, earn around 21 thousand euros gross per month.
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