Financial advice in Portugal

Portugal is the country in the European Union (EU) with the lowest energy saving values in residential buildings, according to an analysis by the environmental association Zero in a recent report by the European Commission's Joint Research Centre (JRC).

Large fortunes, all over the planet, have their eyes set on the Portuguese real estate market, and more specifically, on luxury homes. And with limited time before new rules come into effect regarding the "Golden Visa", the attention is intense.

In order to be able to buy a house, one of the most common routes both for many Portuguese and expats is a mortgage loan. Banks are increasingly willing to finance the purchase of homes, interest rates are falling, and savings are on the rise.

Your floor can take a beating sometimes. They are subject to continuous movement, dirt, knocks and spills of all kinds. It's no surprise, the floor is the element that suffers most at home. And of course, it is as much subject to fashions and trends as any other part of your home.

Did you know that Portugal is the fifth European country where citizens find it more difficult to heat their homes? In fact, 19% of the population has financial difficulties keeping their homes at suitable temperatures in winter. But there are some m

Which city is best for work in Portugal? And where are the highest salaries in Portugal? If you're thinking of moving to Portugal, then these are important questions that you might be asking yourself when choosing where to live and when searching for a job abroad.

1st July 2021 should have marked the end of the rental support scheme managed by the Institute of Housing and Urban Rehabilitation in Portugal (IHRU), the scheme providing aid to those people renting property in Portugal who have run into difficulties due to the coronavirus crisis.

In 2020, a year marked by the sudden appearance of the Covid-19 pandemic, more than 3 million jobs were lost in the European Union (EU). Wages, on the other hand, increased in most member states. Portugal was, in fact, the 5th country in the Euro Zone where salaries rose most (2.9%).

Capital gains on the sale of property is one of the issues that raises most doubts for those who want to go ahead with the process of selling a house in Portugal.

It's time to find out where to find the cheapest electricity in Portugal.

When thinking about buying a property or moving house in Portugal, one of the options on the table may be purchasing a plot of land in order to build your own house.

With the increase in teleworking as a result of the coronavirus pandemic, the number of people interested in moving to Portugal in search of a better climate and lifestyle has increased. As a result, there has also been an increase in requests for housing loans for non-residents in Portugal.

Even though Portugal is still in the midst of the coronavirus pandemic crisis, banks continue to be willing to finance house purchases, and along with low interest rates, now could be the perfect time to buy a property and take out a mortgage in Portugal.

Even during the coronavirus pandemic, many people still make buying property in Portugal a priority, and in the majority of cases, buyers also need a mortgage. Despite the crisis generated by COVID-19, banks in Portugal have remained willing to lend money for this purpose, although take note th

First things first, what is IMI property tax in Portugal? IMI is a Municipal Property Tax which is updated and must be paid annually by the owners of properties or land in Portugal. In technical terms, IMI is levied on the Taxable Asset Value (VPT), i.e.

The real estate market in Europe is proving to be somewhat of a safe-haven, even in times of crisis.

What is a mortgage "spread" and what impact does it have on the monthly installments paid to the bank each month in Portugal? The term, mortgage spread, basically refers to the profit the bank obtains by lending you money, normally when you have a variable-rate or mixed mortgage.

How have minimum wages evolved during the COVID-19 crisis throughout the world?

84 municipalities in Portugal have decided to reduce Municipal Property Tax (IMI) rates for homeowners in 2021, in respect of the properties they owned on 31st December 2020.

How much does it cost to live in Portugal in 2021? What will become more expensive in Portugal in 2021, and what products and/or goods will cost the same or lower this year?

What is the minimum wage in Portugal? Mimimum wage in Portugal stood at 635 euros in 2020, and the good news is that it is set to rise in 2021, however, it is significantly lower than other European countries.

Buying a house is a decision of great responsibility, and especially if you have decided to buy property abroad in Portugal for the first time.

October brings good news for all Portuguese residents who have borrowed money from the bank to buy a house.

If you're thinking of moving to Portugal and buying a home, then getting a mortgage will be close to the top of your list.

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.