Property for sale in Portugal

The Autonomous Region of the Azores is known for its daily seismic activity. In recent weeks an earthquake was felt on the island of Terceira with a magnitude of 2.1 on the Richter scale.

"A new three-story residential building with nine apartments is emerging near the Olaias metro station in Lisbon.

Since the pandemic and the lockdown, the significance of comfortable homes has only grown. Even now, almost 4 years later, the desire for cozy living spaces persists, and smart homes with advanced automation systems have become a lasting trend.

Living in the city of Setúbal is undoubtedly a unique experience that offers a vibrant mix of culture, history and natural beauty.  Setúbal, a harbour town on the coast of Portugal, offers an exceptional quality of life with its beautiful landscapes, mild climate and rich cultural heritage.

Access to housing in Portugal, Europe and the US is becoming increasingly difficult. Families are faced with high house prices and high interest rates on housing loans. What's more, their purchasing power is still pressurised by inflation.

Even in the current context of uncertainty, high interest rates on bank loans and rising living costs, there is still interest in buying a house in Portugal.

Prefabricated houses have been gaining more and more fans over the last few years, as they can be cheaper than traditional construction and are much quicker to build. But there are still doubts among builders and families about the application of VAT on the sale of these homes.

In an international context marked by geopolitical tensions in Ukraine and the Middle East, uncertainty over the duration of the European Central Bank's tightening of monetary policy and a deterioration in the economic outlook, "the likelihood of a price correction in the residential property market

The restriction of bank financing and the end of gold visas in Portugal for property purchases have created a climate of uncertainty for foreign investors.

The Algarve region has yet another fully renovated residential condominium in Carvoeiro. It's called Hibiscus Gardens and is made up of 39 units: eight one- and two-bedroom flats and 31 two- and three-bedroom villas.

It's called Villa Magna and it's an  eco-resort located in Porches, in the Algarve, made up of 62 flats - with studio and one-bedroom types - located in self-sustainable buildings. At stake is a 25 million euro investment by property developer Livingroup.

It's called Royal Green and will bring 100 flats to Vila Nova de Gaia. This is a 14-storey development, three of which are underground, which will have a retail unit and a coworking space for residents to use, with a total area of 962 square metres (m2).

House sales in Portugal are set to cool in 2023.

Today, families are faced with a high cost of living, rising house prices and even greater difficulty in obtaining a mortgage, due to rising interest rates. All these factors complicate the process of buying a house.

Guimarães is preparing to welcome a new property megaproject, which will be developed using the hybrid construction model.

He discovered the wonders of central Portugal after decades in the Algarve, realising that its beautiful rural areas are increasingly on the radar of those who, for one reason or another, prefer to avoid the tourist centres and cities.

In Vilamoura, in the Algarve, there is a property that stands out for its historic character: the Estalagem da Cegonha, a 16th century building that was visited by kings and poets such as Dom Sebastião and Luís de Camões.

A furnished and decorated home, ready to move into, is a way of adding value to a property product, whether you're buying or renting.

If you're planning to move to Portugal, what better way to do so than with a brand new home. Portugal offers a range of brand new apartments for sale, making it an ideal choice, especially during the autumn and winter months when the sunny and warm weather adds to its appeal.

The current macroeconomic environment is challenging, characterised by still high inflation and high interest rates that affect the profitability of businesses. But in this uncertain context, investing in the property market may even be the first line of defence to protect capital.

Every year, Time Out interviews thousands of residents to find out which is the most interesting neighbourhood their city has to offer. What places do locals love and visitors frequent? Where are the new restaurants, cultural and entertainment venues?

The house-buying business is changing in 2023. At a time when it is more difficult and more expensive to pay off a mortgage and purchasing power continues to be squeezed by inflation, the number of houses sold in Portugal is falling and prices are tending to stabilise in our country.

Portugal has an incredible coastline with the Atlantic Ocean as a backdrop, and there are several towns on the coast that have sea views to make you feel like you're on holiday all year round.

The city of Setúbal recently saw the rebirth of a historic building on Avenida Luísa Todi.

A new residential condominium is being built in Barreiro with seven flats. The development is called Barreiro 20 and will be officially launched in January 2024, when construction work is due to start.