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        Housing market

         Only 4% of young people can afford 70% of housing in metropolitan areas
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        By Christopher Graeme
        In House prices, Housing, Housing crisis, Housing market, News
        Posted 7 Fevereiro, 2025

        Only 4% of young people can afford 70% of housing in metropolitan areas

        Portugal’s housing crisis continues to be challenging, particularly for those trying to get onto the housing ladder, as a recent study from estate agency Century 21 ‘Housing for Young People in [...]

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         Average house prices rose 10.8% in 3Q 2024
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        By Christopher Graeme
        In House prices, Housing market, News, Property
        Posted 31 Janeiro, 2025

        Average house prices rose 10.8% in 3Q 2024

        The average price of houses in Portugal increased by 10.8%, to €1,819/m2 in the third quarter of 2024, compared to the same period last year, this being the highest variation since the third [...]

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         Minister supports new anti-speculative land law
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        By Christopher Graeme
        In Housing, Housing crisis, Housing market, Municipal councils, News
        Posted 5 Janeiro, 2025

        Minister supports new anti-speculative land law

        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 [...]

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        0
        By Christopher Graeme
        In House prices, Housing market, News, Property
        Posted 20 Novembro, 2024

        Foreigners invest €464 million in housing in Lisbon’s Urban Rehabilitation Area

        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 [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, House prices, Housing market, News
        Posted 15 Novembro, 2024

        House prices in Portugal have been overvalued for six years

        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 [...]

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        0
        By Christopher Graeme
        In Commercial Real Estate, FDI, House prices, Housing market, Investment, News, Real Estate, Real Estate Investments
        Posted 28 Agosto, 2024

        Foreign Drect Investment in property triples in 10 years

        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 [...]

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        0
        By Christopher Graeme
        In Estate agencies, Housing market, News, Property
        Posted 21 Junho, 2024

        158 estate agency offices close in Portugal since January

        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 [...]

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        0
        By Christopher Graeme
        In Housing market, News, Property
        Posted 17 Junho, 2024

        Real estate transactions fell in 2023 to 2021 levels

        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, [...]

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        0
        By Christopher Graeme
        In House prices, Housing, Housing crisis, Housing market, News
        Posted 29 Maio, 2024

        Portugal’s public mortgage guarantee for young people a mirage

        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 [...]

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        0
        By Christopher Graeme
        In Housing, Housing crisis, Housing market, News
        Posted 24 Maio, 2024

        First home purchase exempt from IMT property tax and stamp duty for young people

        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 [...]

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