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 Portuguese public blames real estate developers and sector companies in general for the country’s affordable housing crisis according to an survey conducted by the proptech Imobiliária [...]
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 [...]