Households that are having difficulties paying the rent of their houses will be able to count on an extra support from this week in Portugal. This is because the rent support, of up to 200 euros, detailed in Portugal's Mais Habitação (More Housing) scheme is being paid from Monday 29th May.

The Major Seminary of Coimbra now has, as of Wednesday 17th May 2023, 19 rooms with 40 beds, to accommodate seminarians, pilgrims or people who want to enjoy a spiritual retreat.

Around 90% of buyers interested in property in the Algarve region of Portugal are there for second homes, attracted by the more than 300 days of sunshine a year and the tranquility of the region to enjoy holidays.

In December 2022, nine out of ten Portuguese households had their mortgages indexed to the variable Euribor rate, which is rising month by month as the European Central Bank (ECB) raises the key interest rate (currently at 3.75%).

Summer is just around the corner and Portugal's good weather is making us want to take a dip. For those in search of an exciting day out in Portugal, we've got just the thing, as Portugal's largest wave pool reopens on 1st June 2023.

Portugal remains an attractive investment destination, and tourism assets stand out as a segment that moves millions. According to Cushman & Wakefield (C&W), hotel investment in Portugal should reach 720 million euros by the end of the year.

What is the inflation rate in Portugal 2023? And what is the long term inflation forecast for Portugal?

Parents who choose to work part-time will be able to receive state support until the baby is 12 months old. Portugal's new employment law, which came into force on 1st May 2023, allows parents to take an additional 180 days of parental leave combined with part-time work.

The luxury Verdelago Resort, located in the Algarve, opens its doors this summer to welcome its first property owners. Work started on the resort in 2021, after being in the pipelines for more than 20 years.

The history of Portugal has left behind many constructions and works that today delight those who visit this paradise by the sea and who are not only looking for sun and sea, but also rich culture and sights to be discovered.