The Portuguese Government says that it will only raise IMI property tax on self-catering apartments used for tourists. But it may eventually mean that if just one apartment in a building with [...]
House prices in Portugal went up by 1.5% in February, bucking a recent slowdown in prices trend seen in December last year and January this year. According to Confidencial Imobiliário house [...]
La Palice was a French soldier, from the XVI century, about whom songs were written. Then a verse of one such song was changed, to something like: “if he hadn’t died, he would be [...]
Portugal’s new Housing Package unveiled on Thursday last week was bound not to please anyone. And thus it has proved to be; labelled as “an attack on private property” which showed Portugal was [...]
In the past five years, for every 10 homes sold, only one has been built in Portugal according to the National Statistics Institute (INE). The online news source ECO reports that since 2018 [...]
A study by NetCredit has revealed that the French, British, Spanish and Germans would have to save less of their average salaries to buy a property in Lisbon than the Portuguese to acquire a [...]
The real estate developer VIC Properties has decided to withdraw from the sale of what could have been one of the biggest property deals in Portugal in 2023. It has withdrawn both the Prata [...]
The Spanish real estate developer Kronos, which in Portugal has the projects ‘The One’ and ‘Palmares Ocean Living Golf’, closed 2022 with a turnover of €465 million and estimates that it will [...]
The Portuguese government has ruled out the idea of banning the sale of properties to non-resident foreigners because it would represent a “hard blow” to the economy. The idea, aimed at curbing [...]
House prices will continue to rise and rents will be more expensive in 2023 after last year’s record year for Portugal’s residential real estate market. The increase in the cost of buying and [...]
