Property for sale in Portugal
In April, banks in Portugal once again increased the value of the valuations carried out in the field of housing credit and mortgages.
House prices are expected to fall in almost all major European markets this year due to the economic effects of the COVID-19 pandemic, according to findings by economists at Standard & Poor's (S&P) Global Ratings.
During the state of emergency, because of the COVID-19 pandemic in Portugal, real estate activity in Portugal slowed down but certainly did not stop: business was developed mainly from home. Although face-to-face visits to real estate were not legally prohibited, professionals in the sector decided,
Office, retail, manufacturing and logistics, the hotel industry, residential and investment. What impact is the coronavirus pandemic having on the various sectors of the real estate sector in Portugal?
At a time when staying at home is crucial to combat the spread of the coronavirus pandemic, Rede H (Rede Nacional de Estudos sobre Habitação - the National Housing Studies Network), founded in February 2020, has mapped out the measures adopted by six European countries to deal with the coronavirus c
House prices in Portugal rose 1.6% in the first quarter of 2020 compared to the previous quarter, standing at 2,060 euros per m2. In annual terms, i.e. compared to the first three months of last year, the increase was 11.4%. This is data from the idealista price index.
Real estate experts Gonçalo Nascimento Rodrigues and Massimo Forte recently urged estate agents in Portugal to answer some questions about how the market is reacting, both on the side of buyers and sellers, given the current uncertainty caused by the coronavirus pandemic.
Along with the rest of Europe and many countries worldwide, Portugal is currently experiencing exceptional circumstances during the period of confinement due to the coronavirus outbreak in the country.
The health and economic crisis caused by the coronavirus in Portugal and beyond has been paralysing house buying and selling globally. However, this period of confinement may be a good time to look for a new home and start preparing the buying process, all of which can done remotely.
We know you can't currently leave the house, but that doesn't mean you can't have a look around some of the best penthouses in Portugal.
idealista has added a new search filter to its portal that allows the user to view only those listings that have a "virtual tour". These are listings that use the latest technology and graphics, along with photos, that allow you to view a property from your own home.
We all want to find the house of our dreams at the best price possible and this could be your chance to get a bargain with these properties for sale on the Portuguese market, all with great discounts.