House prices up 10% in 130 districts in 2023
House prices in Portugal increased by 10% in 130 districts of the country last year, although overall the pace of property inflation slowed according to the National Statistics Institute (INE). [...]
House prices in Portugal increased by 10% in 130 districts of the country last year, although overall the pace of property inflation slowed according to the National Statistics Institute (INE). [...]
There were more houses on the market for sale in Portugal in the first quarter of 2024 with supply up by 11% like-for-like on 2023. This is according to the online estate agency Idealista, which [...]
There is a discrepancy of 30% between the cost of actual rents in Lisbon and the amount that tenants think they’ll have to pay. The average price o rent an apartment in the capital has soared to [...]
Despite Lisbon continuing to be one of the most expensive cities to live in Europe, housing rents fell for the second quarter running by 2.2%. The average price per square metre for rented [...]
The prices of houses in Lisbon, except on the outskirts, fell for the first time in two years as the residential property market cooled between July and September, 2023. The average price per [...]
The Portuguese estate agent ERA has seen a fall of 8% in its business turnover in 2023 that stood at €1.62Bn. The total of the year’s transactions represents a fall on the €1.77Bn posted in 2022 [...]
The Portuguese housing market is likely to suffer a “strong correction” because properties are overvalued. This is according to the European Union, which has again warned Portugal over a [...]
Portugal has become a haven for affluent international investors and expats due to its favourable climate, low cost of living, stable economy, safety, and attractive residency options. The [...]
The price of buying a home in Portugal has quadrupled over the past four years with the average price going up 9% in the second quarter of 2023 alone. The price per square metre now exceeds [...]
The Portuguese public blames real estate developers and sector companies in general for the country’s affordable housing crisis according to an survey conducted by the proptech Imobiliária [...]