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One-fifth of landlords in Portugal’s rental market have not updated their rental contracts by the 6.94% agreed with last government, fearing it would drive their tenants to default or to leave. [...]

In 2023, 4,750 residential properties were transacted in Lisbon’s Urban Refurbishment Area (ARU) worth a total of €2.2Bn. Foreigners were responsible for 33% of purchases and 41% of the total [...]

Last year was a record for overseas citizens snapping up residential property in Lisbon according to SIC Notícias. On the other side of the coin, local residents are finding it increasingly [...]

Portugal’s ‘More Housing’ programme introduced in February, 2023 in a bid to help offset the country’s chronic affordable housing crisis in Lisbon, Porto and parts of the Algarve, was hotly [...]

The average corporation tax paid by companies in Portugal in 2022 increased 1.4% and stood at 20.3%. And surtaxes saw a 57.7% increase on the previous year with over 22.4% of companies bearing [...]

In the first quarter of 2024, publicly owned venture capital company Portugal Ventures invested €5.3 million in tourism start-ups as part of its campaign Call Turismo+Growth, an initiative from [...]

Paulo Maló, Portugal’s most internationally famous dentist, has been declared culpably insolvent by a court after a case filed by the bank Caixa Geral de Depósitos. It means that he is prohibited [...]

Annual productivity per inhabitant in Portugal, discounting inflation, fell last year to levels not seen since 2015 when the troika was in Portugal, according to the National Statistics [...]

Portugal has overtaken Spain and Italy to become the country in the European Union with the 2nd most precarious labour contacts. According to Eurostat, the EU’s statistics agency, in 2022 [...]

Lisbon’s ship repair yard Lisnave has posted its best results in years with €15.9 million in profits and orders in the region of €169 million. The profit for 2023 was almost double on the €7.1 [...]