Property for sale in the Azores and Madeira: foreign buyers drive demand
The Portuguese islands, nestled in the heart of the Atlantic Ocean, have become a magnet for local property buyers.
Buying property in Portugal: the Algarve has the highest effort rates
Before buying a home in Portugal, families take into account a number of factors, such as the price of the property, location, size, condition, and the cost of bank financing, which adds to the household expenses they need to cover.
Luxury homes in Madeira: Ferreiros Residences attracts investors
After successfully promoting and completing the Outubro 355 project in Entrecampos, Lisbon, with an investment exceeding €13 million, the real estate developer Yard Properties has announced a new residential project in the historic town centre of Funchal, Madeira.
Price of luxury homes rises globally with Lisbon leading the way
The global economic context continues to present challenges and uncertainties. However, the luxury real estate market remains resilient.
Cascais, Tavira, Braga, and Guimarães attract foreign investors
Cascais, Tavira, Braga, and Guimarães are the four most sought-after tourist destinations in Portugal by foreign investors, according to the Market Report Portugal, a collection of research reports conducted by the German real estate agency Engel & Völkers (E&V) in partnership with the Marke
Buying a house in Greater Lisbon is 70% more expensive than the national average
The Lisbon region has increasingly attracted families to live, visit, and invest. This high demand has been reflected in house prices, as the housing supply has not kept pace with this growth.
Access to housing concerns over 80% of Portuguese people
Concerns about house prices (whether for renting or buying) are reaching record levels in the wealthiest countries, surpassing other issues such as health or education.
Luxury homes for sale, Portugal: 8 out of 10 are located in Lisbon, Faro, and Porto
Living in a luxury home with a garden, pool, and generous spaces is a dream for many, though it is not for every budget. The good news is that almost all districts in mainland Portugal and the islands have at least one luxury home for sale at the beginning of August, that is, priced over 1 million euros.
Luxury homes in Lisbon: prices have second highest acceleration in the world
The growth in luxury home prices worldwide is losing momentum due to high interest rates still impacting many markets, such as those in the US and Europe. However, some cities are experiencing a counter-cyclical trend, with Lisbon among them.
Brand new villas from €110,000 in Portugal
Looking for a fresh start in one of Europe's most picturesque settings? Portugal, with its stunning landscapes, rich cultural heritage, and inviting climate, offers an appealing option for those in search of new beginnings.
Foreigners buy homes 39% more expensive than Portuguese buyers
The purchase of homes in Portugal by foreigners fell in early 2024, coinciding with the end of the Non-Habitual Residents (NHR) regime on previous terms and the golden visa programme for real estate investment.
House prices accelerate globally with a 6.5% increase in Portugal
House sales in Portugal (and Europe) fell throughout 2023, leading to a cooling in the rate of price increases. However, recent decreases in mortgage interest rates and gains in purchasing power due to slowing inflation are aiding the recovery of the housing market.
Portugal house prices on the rise but the country remains "attractive to foreigners"
House prices in Portugal continue to increase, having grown by 6.5% over the past year, 2.5% over the past six months, and 2.9% over the past three months, according to the Knight Frank Global House Price Index. Portugal also ranks 14th in the index, ahead of countries such as France, Germany, Switzerland, and the USA.
These are the Portuguese footballers who invest the most in real estate
Luxury furniture, top notch amenities, breathtaking balconies, fully equipped gyms, and sparkling pools. Football players are known for their extravagant spending, especially in the real estate sector.
Luxury new build homes in Portugal: modern living with unmatched elegance
Luxury new-build homes in Portugal epitomise sophistication, blending modern design with the country's rich architectural heritage and stunning landscapes. Whether nestled along the golden shores of the Algarve, perched atop Lisbon's hills, or hidden within Porto's historic quarters, these residences redefine upscale living.
These are the 10 cheapest towns to buy property in Portugal in 2024
Access to housing remains difficult in Portugal. And in this context, some people are looking for cheaper homes in cities or towns far from the big urban centres, in order to make house prices compatible with family budgets.
House prices fall 1.3% in Portugal – Lisbon and Porto included
The purchase of houses in Portugal has been cooling down, given the high costs of housing, along with high interest rates on loans and low purchasing power, which continue to be felt. And this cooling in demand for houses in the country has been reflected in prices. The National Statistics Institute (INE) reveals this Tuesday, April 23rd, that the set of homes sold in the final stretch of 2023 had a median cost of 1,619 euros per square meter (euros/m2), a value of 7, 9% higher compared to the same period last year. But compared to the previous quarter, house prices in Portugal fell 1.3%, a trend felt in 14 of the 24 most populous municipalities, Lisbon and Porto included.
Vale do Lobo to launch new apartments and off-plan houses
For the first time in almost two decades, the Vale do Lobo resort is preparing to launch a “new real estate product in plan”. There will be apartments and semi-detached houses in the Vale Real area, also aimed at the “new, more demanding generation of visitors and owners”.
Property for sale at auction in Portugal
Property auctions in Portugal, like in many other countries, are a method of buying and selling real estate through a competitive bidding process. These auctions can involve a variety of properties, including residential homes, commercial buildings, land, and even distressed properties such as foreclosures or bank-owned assets.
Where did foreigners buy the most houses in Portugal in 2023?
Last year, all Portuguese regions saw an increase in the contribution of foreign buyers to house purchases, both in terms of the number and value of their total housing sales.