Property News

Regular investors in residential properties are increasingly diversifying their portfolio and “adventuring” into the world of commercial real estate, seeking higher returns, uncomplicated management and new opportunities in a market where financing models are also changing.

The Organization for Economic Cooperation and Development (OECD) places Portugal in fifth place among countries where inflation in housing costs remains high.

The recent victory of Donald Trump in the U.S. elections has intensified the interest of many Americans in relocating abroad, with Portugal rising to the top of their preferences. 

Prices of houses for rent in Portugal increased by 4.9% in November compared to the same month of the previous year.

The British fund management powerhouse Arrow Global has teamed up with Portugal's GFH (Grupo Ferreira Holding) to create Nexor, a new initiative aimed at reshaping the affordable housing market in Portugal. 

Property prices in Portugal have increased by 10% in November compared to the same month of the previous year and 2.3% in terms of quarterly variation. 

The ability which has been given to municipalities to allocate more rustic land for construction, aims to increase the number of homes “at prices which are compatible with the income of the middle class", according to the government.

In an ever-changing world where financial markets are often turbulent, real estate stands out as a beacon of stability and opportunity. 

Portugal is at a critical juncture in addressing its housing crisis. With only 20,000 housing units being produced annually, the current pace falls drastically short of the 70,000 units needed each year to meet national demand. 

The Portuguese market appears to be resilient, but the residential segment continues to need “close monitoring”.

The Minister of Economy, Pedro Reis, has argued that, at this time of tensions and geopolitical changes, Portugal will assume the role of a "safe haven" for investments.

According to the Bank of Portugal (BdP) mortgages granted to foreigners have increased recently. During the first six months of this year, 18% of new mortgage loans were made to foreign nationals.

Foreign residents represent around half of the demand for homes for sale on several islands in the Azores, while on the islands of Madeira and Porto Santo, at least three in every 10 people looking for housing is foreign.

Cascais City Council has approved the tax package for 2025, lowering the Municipal Property Tax (IMI) rate to 0.33% for this year, and with an increase of 30 % for degraded urban buildings.

French fashion creator warns of the need to develop the region in a responsible and sustainable way.

Carvoeiro Branco has announced the launch of "The Court," a project being developed in Salicos, Carvoeiro. 

The city council of Covilhã is rebuilding homes in the historic district of the municipality.

During the first six months of this year, foreigners invested €464 million in the purchase of 800 residential properties in the Urban Rehabilitation Area (ARU) of Lisbon.

A new way to invest in real estate in Portugal has been launched with the aim to help protect the elderly population. 

The latest Portuguese Housing Market Survey from RICS and Confidencial Imobiliário has shown “stability and positivity” to be at the core of the country’s property market. The September 2024 report reveals that house prices have edged up, while both demand and promised sales have struggled.

Six of the 10 municipalities that have the highest effort rates to purchase a property in Portugal are found in the Algarve.

The results of the US elections has had an immediate impact on the search for a home in Portugal, which is re-emerging on the European scene as a preferred destination for relocating North Americans.

Interest on existing housing loans in Portugal has been falling since the beginning of 2024, in line with the fall in Euribor rates (which cover the majority of these contracts). 

Real estate developers Carvoeiro Branco is awaiting approval from the Municipality of Lagoa to proceed with its most ambitious projects yet. This significant milestone would allow them to deliver 304 affordable apartments and 20 individual plots.