Housing crisis

The average price of family properties sold in Portugal rose by 6.6% in the second quarter, compared to the first three months of the year and the same period in 2023, concludes Portugal’s [...]

The government has authorised the Housing and Urban Rehabilitation Institute (IHRU) to invest €2.011Bn under its 1st Law — Support Program for Access to Housing, in order to help alleviate the [...]

The Portuguese government will more than double the public offer of housing, compared to plans from the previous socialist government led by António Costa, on the back of the Recovery and [...]

Portugal’s construction, engineers, architects and economists associations have joined forces with 14 of the country’s leading construction companies to form a Construction Foundation. The [...]

Young people will still have to put down a 10% deposit on their first home in most municipalities in Portugal despite a government backing to cover 100% of their mortgages. In other words, under [...]

The government has approved IMT property tax exemption and stamp duty for young people for the purchase of their first home. The approval was announced after a Council of Ministers meeting on [...]

Portugal’s new centre-right Democratic Alliance coalition government has unveiled a 30-measure programme with defined deadlines to tackle the country’s affordable housing crisis. It has to be [...]

High taxes in Portugal are the main reason why developers can’t build new affordable housing for the Portuguese middle classes. This is according to Hugo Santos Ferreira, President of the [...]

The Portuguese government will not totally abandon the ‘More Housing’ package policy announced by the previous PS Socialist Party government in February, 2023 but will keep some aspects and [...]