Property News

House prices rose by 9.4% in 2021, but valuations remain below market values, according to an analysis by BA&N's research unit, indicating that in Lagos and Lagoa the discrepancy exceeds 40%.

A report by the Bank of Spain notes that Portugal's weight in the volume of operations with cryptocurrencies in the Eurozone is disproportionate to the size of the Portuguese economy.

In April, homes for rent were slightly more expensive than in the previous month, up 0.4%.

Available housing for sale in Portugal dropped in 16 district capitals.

Cement consumption increased by 18.2% in the first two months of the year, with the number of licensed dwellings in new construction rising by 19.8% in the same period, said the Association of Civil Construction and Public Works Industrialists (AICCOPN).

The median sale value of family homes in Portugal stood at a new maximum of 1,355 euros/m2 in the 4th quarter of 2021.

To help support the Property Sector in Portugal, The Portugal News has an online property portal and has launched an all new free property magazine, Properties in Portugal.

In the proposal for the State Budget for 2022 (OE2022), the Government foresees the creation of another category of IRS tax deductions, this time for expenses regarding improving the energy efficiency of homes.

The Cascais Tourism Association has launched a new promotional campaign dedicated to digital nomads, called “It Works for you” which features a promotional video that talks about “remote work, combined with leisure and lifestyle”.

I had the pleasure of speaking with the CEO of A1 Algarve Luxury Real Estate, Agnieszka Kijonka whose boutique firm has a passionate and experienced team who value quality over quantity when it comes to their listings.

Lisbon has 48,000 homes without residents, with the parishes of Misericórdia, Santa Maria Maior, Santo António, São Vicente and Estrela having the highest percentage of empty homes.

In 2021, foreigners acquired a total of 1,767 residential properties in the Lisbon Urban Rehabilitation Area (ARU) representing a total amount of €923.1 million.

The demand for houses to buy is on the rise in Portugal and this is reflected in the length of time homes are on the market for.

New rules regarding buying houses in Portugal with cryptocurrencies are due to come into force next week.

The number of sales in resorts increased by 70 percent in 2021 compared to 2020.

The entire process of selling your home in Portugal can be very easy.

Written by Simon Perks

Create the home of your dreams by building or renovating it yourself.

Supply being unable to meet demand is one of the reasons being cited for skyrocketing rental prices across Portugal.

The suspension of rental licenses (AL) in certain areas of Lisbon has led to a fall in the number of home sales and a drop in house prices.

Madeira attracted citizens from Canada, Russia, Iran and Australia during the first two months of the year through the golden visa programme.

Whatever you are looking for, you can be sure to find a place to tempt your taste buds in the Algarve.

The most recent data released by the National Statistics Institute (INE) reveal that, in February 2022, new housing construction costs increased by 8.6% compared to the same month of the previous year.

When it comes to investing in a property, Portugal has it all.