The Portuguese Government is to set aside €2.3Bn of public money for affordable housing for rent. The project will use around 18,660 properties that are currently empty, according to the [...]
Property consultants Worx fear that the office take-up market in Portugal’s capital will be down as much as 30% this year, closing 2020 with take-up of just 130,000 m2. The forecast was made in [...]
House valuation surveys undertaken by Portuguese banks hit a new all-time record in June. According to bank surveyors, the average value on property rose one euro to €1,115 per square metre in [...]
Lisbon City Council has laid the foundation stone at the first plot of 128 affordable homes to be built in the city’s Entrecampos district. It will be the first of five plots on Avenida Forças [...]
The average price of rents rose by 10% in June compared to May according to the online estate agency site Imovirtual. The average monthly rent went from €1,097 to €1,206 in an increase driven by [...]
Vilamoura World is to invest €12 million in expanding Portugal’s largest marina in the Algarve. The company owned by the US Lone Star vulture fund says the improvements will equip the famous [...]
Home transactions fell 11.6% in the first quarter of 2020 with 43,532 home transactions (purchases and sales) and 0.7% less than the beginning of 2019. The figures were released by the Portuguese [...]
Economic uncertainty is likely to fuel a drop in rental income for office and retail space by between five and 10%. The downward price pressure is being driven by the perception of risk from [...]
Overseas real estate investors have over €7Bn available to buy commercial property in Portugal. According to Negócios, investors also have close to €3Bn in assets to sell in the “near future” [...]
With ample space at a premium in today’s post-Covid property market, there are acres of opportunities in Portugal’s sleepy Alentejo district with its vineyards, castles and rolling landscape of [...]
