Housing market

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 [...]

The price of buying a home in Portugal rose by an average of 8.7% in the second quarter of 2023 but the number of transactions fell 22.9%. Nevertheless, the figures for August indicate that [...]