Mortgage growth at highest level in 20 years
The number of Portuguese taking out mortgages through banks in 2025 hit a 20-year high according to data released this Thursday by the Bank of Portugal with housing loans growing 10.2% last year, [...]
Half of construction firms CEOs give thumbs down to housing policies
Half of the CEOs of 40 construction firms that took part in the Construction Industry Barometer 2025 survey have given the thumbs down to the government’s public housing policies concludes a [...]
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VAT at 6% on building works “unworkable” say accountants
Portugal’s Association of Chartered Accountants (OCC) says that the government’s outline bill to reduce VAT on construction for own permanent housing is “unworkable” as it currently stands. This [...]
Housing package passes first round thanks to Chega abstention
Portugal’s parliament approved overall a housing package on Friday aimed at alleviating the country’s chronic housing shortage and accessibility for the middle classes, particularly the young. It [...]
Housing package passes first round thanks to Chega abstention
Portugal’s parliament approved overall a housing package on Friday aimed at alleviating the country’s chronic housing shortage and accessibility for the middle classes, particularly the young. It [...]
Government’s housing policies go to the vote today
Portugal’s Minister of Infrastructures and Housing, Miguel Pinto Luz, opened the debate in parliament on Friday (January 9) over a raft of policy propositions aimed at easing Portugal’s chronic [...]
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Setúbal expands eastwards creating new conurbation
A project for the expansion eastwards of the port and industrial town of Setúbal, planned since the 1980s, is finally getting off the ground with a new conurbation including a residential area [...]
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Krest unveils Formoso Marvila residential development in Lisbon
Krest Investments has unveiled its latest residential development – Formosa Marvila. Lisbon’s newest premium closed condominium is located on Rua Vale Formoso next to the Bravo de Prata [...]
New Land Law a flop – only five reconversion requests and not one for housing
Since Portugal’s new Land Law came into effect in January, only five applications to have land reclassified as suitable for development or economic activities under the new rules have been [...]
European Investment Bank looks at financing to refurbish 50,000 homes in Portugal
The European Investment Bank (EIB), in addition to financing new affordable homes through a €1.3Bn loan, is now looking at a new €1Bn package to do up more than 50,000 homes. In an interview with [...]
