Property News

Buying a house is most expensive in the Algarve, costing an average of €287,000, while it is cheapest in the Alentejo according to data from INE.

The latest edition of Properties in Portugal is out now, filled with a selection of some of the finest properties on the market in Portugal.

More than 13,000 properties in the capital and almost 6,500 in Porto during the second quarter of the year, with average prices continuing to rise.

Housing prices increased by 13.2% in the 2nd quarter and reached a maximum, while 6.4% of all property transactions were made by buyers with a tax domicile outside Portugal.

Since the Quinta de Faro project arrived in Faro last year, it has been a great success with many buyers purchasing properties and interested in the luxury construction signed off by Joaquim Pires, Portuguese Saint-Tropez developer. 

Investors worried about recession see luxury real estate as a "valuable hedge against inflation", according to a new report.

The cities of New York, Tokyo and San Francisco are the places where most of the world's millionaires live, according to a report from real estate consultant Henley & Partners. Lisbon is the third European city with the highest growth in the number of resident millionaires in 2022.

Between January and August, investment raised through the Residence Permit for Investment (ARI), also known as the golden visa program, totalled €397.7 million, 34.7 percent more than in the same period last year.

The price of luxury homes has been rising across the world, with Lisbon following the trend.

Property prices ??attributed by banks in credit applications rose for the 11th consecutive month in July, reaching a new record of an average of €1,417 per square metre.

The Euro's rapid drop has reached a historical point as the EU currency hits parity with the US Dollar (USD), a situation which has not happened since 2002, when it was first introduced into circulation.

According to Idealista, selling a house can be easier depending on the time of year. Although summer is a time of rest, some are looking to buy and sell a house. But is summer the best time to do it?

Demand for real estate in Portugal, Greece, Italy and Spain by high net worth foreign investors continues to rise.

The development with 24 ecological homes - including villas, townhouses and apartments – is due to be completed in 2024.

Investing in offshore property is an excellent way for South Africans to get access to immigration and residency in a foreign country.  In times of spiking inflation in South Africa as well as global economic instability a real estate grounded fund is beneficial as a means of safeguarding finances. ...

For the first time Portugal is beating Italy, Spain and France as a favourite destination for moving to or retiring to Europe by Americans.

Buying a house on the most expensive street in Portugal costs more than €4 million.

Nearly 12,000 homes went on the market this year, with high demand showing a clear lack of supply.

The premium residential segment continues to grow, with foreign investors helping to boost sales in Portugal.

Those who decide to buy a property with a pool in Portugal will pay, on average, 63.4% more than those who choose a house without, reveals the study published by idealista. 

Homes along the coast have always been popular in Portugal, with interest rising since the pandemic as people look for homes with more outside space and access to nature.  But where are you able to buy a home in Portugal by the sea for a reasonable price?

Portugal continues to have "excellent conditions to attract foreign investors", says Beatriz Rubio, CEO of Remax.

The prices of houses for rent in Portugal increased by 0.9% in July compared to the previous month. Renting a house cost 11.4 euros per square metre (euros/m2) at the end of July this year, taking into account the median value, according to the idealista price index. 

A total of 750 houses will be sold as part of projects in Costa del Sol, Catalonia, Madrid and Lisbon.