The rental market in Portugal is getting more and more expensive. And it is, above all, in the large urban centres near the coast where rent is higher.
Portugal has become a fashionable destination in recent years, managing to seduce well-known personalities from across the world. Lisbon now rivals other world metropolises, attracting more and more famous people.
More and more families are choosing to rent a house in Portugal, given increasing difficulty when it comes to getting a mortgage, but rental supply is still scarce in Portugal. This is why we have seen the increase in rental prices in Portugal month after month.
The Portuguese Government has decided to go ahead with its golden visa clampdown, and all requests made after 16th February 2023 are no longer considered valid - the date on which Portugal's new housing package was announced.
In order to encourage the change of properties from Local Accommodation (known in Portugal as AL or Alojamento Local) to the long-term rental market, António Costa's Government has inserted a series of measures in its "More Housing" package, which has generated controversy in the sector.
The European Commission has ruled that for a European Union (EU) Member State to restrict home buying to non-residents there must be "overriding reasons of general interest" recognised in the case law of the Court of Justice of the EU (CJEU).
The residential and tourist resort of Vilamoura, in the Algarve, has decided to create a Renewable Energy Community (REC) with 60,000 m2 of photovoltaic panels by 2035, which will provide electricity to 15,000 families, becoming a pioneer in the application of recent legislation.
"The aim is to be
Braga has been announced the winner of the Sustainable Mobility Award for the 2022 edition of the European Mobility Week, awarded by the European Commission, the municipality announced on 24th March 2023.
The city of Braga adds this award to a list of many that the city has already one, in its incr
Cristiano Ronaldo is to do more work on his luxury penthouse located in Lisbon's Castilho 203 building, located in one of the most exclusive areas of Lisbon.