Property

Portugal’s municipal property tax IMI is to increase by 6.75% next year on apartment buildings that are subject to Tax on Patrimony (Valor Patrimonial Tributário – VPT) charged by the tax [...]

Contracts signed with Portugal’s Institute for Housing and Urban Regeneration (IHRU) have guaranteed that properties done up under the regime will be eligible for a lower VAT rate of 6% It means [...]

Portugal’s public bank Caixa Geral de Depósitos is to pay €160 million for its new headquarters at Parque das Nações. The bank is closing the purchase of the WellBe building that had also [...]

State bank Caixa Geral de Depósitos has sold 111 properties in the Douro region of Portugal in an online auction for €1.5Bn The sale includes 73 countryside buildings and 38 urban properties that [...]

The President of Portugal’s estate agents’ association has warned that overseas investors looking to buy property in Portugal because of the country’s generous tax incentives will now likely look [...]

The ratings agency DBRS says that Portugal’s cooling residential property market could put at risk local council revenues. The financial performance of Portugal’s municipal councils has improved [...]

A Portuguese bank has warned that the country’s property boom, which has lasted for the past eight years, could be coming to an end. Novobanco, led by Mark Bourke, has predicted that the current [...]

A former Portuguese finance minister and ex-head of the county’s stock market regulator, CMVM, has warned that an “adjustment in property prices” in Portugal is “inevitable” and hopes it won’t be [...]

A study by the iad Group has revealed that the English and the French intend to purchase a holiday property overseas in the next few years with Portugal being one of the top destinations of [...]

Keller Williams Portugal, the hybrid online-store estate agency company that specialises in training, coaching and technology has closed the first half of 2023 with historic results. Despite a [...]