Buy house

In Portugal, average interest rates on new home loans have been stabilising at 4.2% since June. And in the euro area, average interest rates continue to rise, having reached 4% in November for the first time since 2009.

A large house, ready to receive new owners and preferably at a good price... Is it too much to ask for? In the post-pandemic world, finding a bigger home has become more important, especially with so many folks working from home and needing some extra space.

"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.

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.

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

One of Porto's most emblematic areas, the parish of Nevogilde, is seeing the construction of a luxurious residential development.

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.

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 commercialisation of a future residential development that aims to be an icon in one of the noblest areas of the city of Porto has just begun.

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.

House prices have certainly risen a lot in recent years. But this doesn't mean that Portugal has or will have a property bubble, as there is still a short supply of housing and resilient employment.

Choosing the ideal place to live in Portugal has become more difficult in the current context, especially for those on low wages. Home prices are on the rise and inflation continues unabated, reducing purchasing power and disposable income.

​​​​​​Living or owning a house in the Algarve is a dream for many people.

New trends are forming in the new economic context. With the pressure on purchasing power and rising interest rates on home loans, families are looking for cheaper homes to buy in order to borrow less from banks.

House prices in Portugal have been rising for several years. And there are streets in Portugal that concentrate more luxury homes for sale, thus standing out for their exclusivity. On the most expensive street of all, buying a house costs an average of 4,404,545 euros.

Most home loans in Portugal have a variable rate, which is why interest and instalments have been updated according to the Euribor term (3, 6 or 12 months). And they keep getting bigger.

The Portuguese have a historical connection with the ocean and value having a house on the coast, either to live by the sea all year round or as somewhere to escape to on holidays or weekends, often earning extra income by renting out their holiday homes to tourists.