News

The profitability of Portuguese companies fell to 9% in the last quarter of 2023 while their financial independence achieved record levels according to figures from the Bank of Portugal. [...]

Over the Easter period, between 25-31 March, the total turnover of credit card transactions in Portugal from overseas cards represented 26% of total credit card transactions nationwide. Spain and [...]

Startup Portugal has announced the launch of its latest programme ‘Start Now, Cry Later’, a programme that aims to involve Portuguese universities in the startup community and help students with [...]

Recently, a successful artist friend of mine was sat in a popular Portuguese restaurant near Praça das Flores in Lisbon with five American friends, all of whom had successfully relocated to [...]

A report by international estate agents Berkshire Hathaway HomeServices has found that the average price of residential properties in Portugal went up 10% in 2023 while sales fell 25%. The report [...]

Pedro Reis, the man who used to head Portugal’s overseas investment bureau AICEP Portugal Global has been officially sworn in as the AD coalition government’s new Minister of the Economy. At the [...]

One-fifth of landlords in Portugal’s rental market have not updated their rental contracts by the 6.94% agreed with last government, fearing it would drive their tenants to default or to leave. [...]

In 2023, 4,750 residential properties were transacted in Lisbon’s Urban Refurbishment Area (ARU) worth a total of €2.2Bn. Foreigners were responsible for 33% of purchases and 41% of the total [...]

Last year was a record for overseas citizens snapping up residential property in Lisbon according to SIC Notícias. On the other side of the coin, local residents are finding it increasingly [...]

Portugal’s ‘More Housing’ programme introduced in February, 2023 in a bid to help offset the country’s chronic affordable housing crisis in Lisbon, Porto and parts of the Algarve, was hotly [...]