Average house prices rose 1.5% in April compared to March, inverting a trend of house price stabilisation seen in recent months according to housing market statistics from Confidencial [...]
The prices of luxury houses in Lisbon are growing according to the Knight Frank Global Cities Index in which Lisbon comes in 28th place worldwide. Lisbon posted an annual growth rate of 1.8%, [...]
Between January 2011 and December 2023 house prices in Greater Lisbon and the Metropolitan Area of Porto doubled. In this period house prices continued to skyrocket, except during a brief [...]
High taxes in Portugal are the main reason why developers can’t build new affordable housing for the Portuguese middle classes. This is according to Hugo Santos Ferreira, President of the [...]
House prices in Portugal increased by 10% in 130 districts of the country last year, although overall the pace of property inflation slowed according to the National Statistics Institute (INE). [...]
The Portuguese housing market is likely to suffer a “strong correction” because properties are overvalued. This is according to the European Union, which has again warned Portugal over a [...]
Portugal has become a haven for affluent international investors and expats due to its favourable climate, low cost of living, stable economy, safety, and attractive residency options. The [...]
The price of buying a home in Portugal has quadrupled over the past four years with the average price going up 9% in the second quarter of 2023 alone. The price per square metre now exceeds [...]
The price of buying a home in Portugal rose by an average of 8.7% in the second quarter of 2023 but the number of transactions fell 22.9%. Nevertheless, the figures for August indicate that [...]
By Michael Bruxo [email protected] The Portuguese government approved three measures at a Council of Minsters meeting on Thursday aimed at offsetting the effect of interest rate [...]