Portugal’s Minister who represents territorial cohesion, Manuel Castro Almeida says the government is to “increase the supply of land” to build affordable homes for Portugal’s middle classes. On [...]
In the first six months of 2024 overseas investors spent €464 million on buying 800 residential properties in the Lisbon Urban Rehabilitation Area (LURA). The total number of properties purchased [...]
House prices in Portugal have shot up by 83% in real terms between the start of 2013 and the end of 2023 – an amount above Spain’s 23% for the same period according to a study published in [...]
Spain, Holland and Luxembourg are the main sources of foreign direct investment in Portugal according to data released by the Bank of Portugal. However, in the case of the latter two, both [...]
Portugal’s booming property market may be plateauing after 10 years of consistent year-on-year growth if the number of estate agency branch/company closures up and down the county is anything to [...]
According to the latest Alfredo Prices Index Report undertaken in partnership with Doutor Finances, house transactions fell by €3.8Bn to the same amount transacted in 2021. To December 2023, [...]
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 [...]
The prices of luxury houses in Lisbon are growing according to the Knight Frank Global Cities Index in which Lisbon comes in 28th place worldwide. Lisbon posted an annual growth rate of 1.8%, [...]
Between January 2011 and December 2023 house prices in Greater Lisbon and the Metropolitan Area of Porto doubled. In this period house prices continued to skyrocket, except during a brief [...]