The Spanish real estate investors Merlin Properties has bought one of the most iconic modern buildings in Lisbon for €112.2 million. The purchase of the Novobanco HQ building located on Lisbon’s [...]
Lisbon is the 7th city in the world where residential property prices rose the most in H1, 2022. Values in the residential property sales market rose 3.7% between January and the end of June [...]
Demand for houses rose 7.5% in Lisbon and fell 5.6% in Porto in the first quarter of 2022. Nevertheless, both regions continue to be the most sought after by home hunters with Lisbon leading at [...]
The Portuguese group CVM, Construções Vila Maior, is to invest €140 million to 2024 in 15 residential housing buildings. The project will create 825 homes, of which 425 are currently being built, [...]
The Portuguese housing market is showing signs of slowing because of a lack of offer for sale. At the end of April there were 135,000 properties for sale compared to 150,000 at the end of last [...]
The Portuguese cities of Aveiro, Braga and Viseu are enjoying growing demand from house hunters which is driving up prices. The three district capitals Aveiro (+3.3%), Braga (+4.3%) and Viseu [...]
Further evidence that Russian oligarchs knew of Vladimir Putin’s intentions to invade Ukraine before the military action occurred on 24 February emerged over the weekend. Billionaire Roman [...]
The estate agents RE/MAX, the largest in Portugal, grew 19% in the first quarter of 2022, its best Q1 ever. It enjoyed a volume of prices totalling €1.7Bn for 19,669 transactions, 76.7% of which [...]
Overseas homebuyers in Greater Lisbon spend double the amount on houses compared to the local Portuguese according to the latest figures from the National Statistics Institute. The average price [...]
House prices in Portugal increased by an average of 14% to €1,355/m2 in the last quarter of 2021. According to the Portuguese National Statistics Institute (INE), it was an increase of 14.1% [...]