House prices in Portugal

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.

House prices around the world are under pressure as central banks raise benchmark interest rates to try to curb inflation. But the truth is that house prices in 56 countries are rising at the slowest rate since 2015, as there is less pressure from demand on existing housing supply.

Today, families are experiencing reduced purchasing power and access to housing is more difficult. In order to buy a house compatible with their income and pay a lower mortgage instalment, some people are thinking of moving to the interior of the country.

The municipalities where it is cheapest to buy a house are in the interior of the country, show INE data analysed by idealista/news. Choosing the perfect place to buy a home is no easy task, at a time when prices continue to rise (albeit at a slower pace) and interest rates on home loans are on the

The heat wave that invaded Portugal has left many people unsure of how to deal with the high temperatures. Have you ever dreamed of living in a cool place, where the temperature is mild all year round and the sun's rays never disturb?

The global macroeconomic context has changed and the effects on the housing market in Portugal and across the world are increasingly evident. But will house prices drop in Portugal?

2022 was marked by inflation which further pushed up house prices in Portugal. In addition, building a house became more expensive and access to mortgages more difficult, since interest rates have also jumped.

Will house prices drop in Portugal? Will houses be cheaper in 2023? The residential real estate market in Portugal remained resilient throughout 2022, despite the challenges posed by the war in Ukraine.

Where do the rich live in Portugal? Lisbon, Oeiras, Cascais, Sintra, Porto and Vila Nova de Gaia are the municipalities with the highest concentration of population with the highest income in the country.

Inflation is contaminating all markets - and real estate is no exception. Data from the National Statistics Institute (INE) show proof, stating that houses were 13.2% more expensive in the first quarter of 2022 compared to the previous year.