The majority of owners of properties rented out to tourists say they are not interested in renting out their apartments to long term tenants to help ease Portugal’s struggling rental market. It [...]
Rents in Portugal are projected to increase by 7% because of inflation which has gone up to 3.7% (+0.6%) and an update on rents which for housing reflected 6.94% in August. It means that if [...]
Of the €240 million the Portuguese government has earmarked for rent subsidies for low income families and individuals, around 49% of the total or €118 million had already been allocated to 181 [...]
The Portuguese parliament has approved a controversial law which allows private properties which have been left standing empty two years or more, and show no active utilities contract in terms of [...]
Portugal’s residential real estate market continues to be buoyant thanks to high demand and lack of supply. Increases in prices have been among the highest in the euro area over the past 12 [...]
The parliamentary group of the ruling Partido Socialista (PS) has suggested that the Government should introduce “a tax sweetener incentive” to its controversial ‘More Housing’ package which aims [...]
The association that represents Portugal’s estate agencies and brokers has warned that rents will likely go up despite the Government’ s Housing Package aimed at providing more housing at [...]
The Portuguese government has announced through its Ministry of Housing that existing rental contracts will remain outside the current rental regime — indefinitely – in order to protect [...]
A controversial government plan to force the owners of empty properties to rent them out in a bid to solve Portugal’s chronic housing shortage could be ruled unconstitutional. The State says it [...]
It’s official. Portugal’s successful Golden Visa programme, which has netted the government over €6Bn since 2012, is to end in a bid to put a stop to property speculation which the government and [...]