Financial advice in Portugal
Latest articles about Financial advice in Portugal
Buying property abroad can be a daunting experience. However, here at idealista, we are here to help you every step of the way when buying property in Portugal.
Moving abroad and buying property in Portugal can be a daunting experience, especially if you don't speak the language, or if you don't have the right advice or guidance.
Many of the measures announced to tackle the effects of the coronavirus in Portugal only apply to the mainland or hve different conditions in Portugal's islands.
Just as the demand for buying and renting property, housing credit and mortgages have become an increasingly digital process in Portugal and one of the effects of the COVID-19 pandemic has been to accelerate this transition.
In recent years, banks in Portugal have been engaged in a real trade war, promising even lower spreads to attract new home loan customers or even persuade customers to move their mortgage, stealing them from the competition.
One of the big questions that arises when buying a property in Portugal, and indeed across the world, is what kind of housing credit is best? Is it better to have a variable rate loan or a fixed rate loan?
The sale of solar power systems for residential housing is increasing in Portugal. These are the indicators felt by Energie Portugal which, between January and May 2020, increased its volume of business in the domestic sector by 83%.
Until 30th September 2020, insurance customers in Portugal may also benefit from a moratorium on policy payments due to the crisis generated by the COVID-19 pandemic, including car insurance in Portugal. As the economic outlook in Portugal becomes more optomistic, new rules state that insurance comp
After the COVID-19 pandemic, interest rates in Potugal on mortgages are following a downward trend, in May reaching the lowest value since at least the beginning of 2009, the date that marks the start of the historical sequence of the National Statistics Institute in Portugal (INE).
The European Commission says it is "reasonably optimistic" about Portugal's "rapid economic recovery" after the crisis generated by COVID-19 and believes that the way in which the country "controlled" the pandemic will benefit the recovery of tourism this summer.
The COVID-19 pandemic has been awakening a new interest in areas of Portugal that are less densely populated. And there is now good news for those who are thinking of changing their lives and replacing life in the city with less urban areas.
The COVID-19 pandemic is already having and will continue to have unprecedented effects on the world economy, with a negative impact not only on the financial situation of companies, but also on households.