When it comes to buying property in Portugal, in a context of high inflation and rising interest rates on mortgages, one of the factors to pay special attention to are house prices in Portugal which are on the rise. What is the cheapest place to live in Portugal?
Will house prices go down in Portugal? This isn't looking likely, as the current economic context is putting pressure on the purchasing power of those living in Portugal. Inflation jumped 8.7% in June and interest rates on mortgages are rising with the steep rise in Euribor.
Lisbon continues to be one of the most gay-friendly countries in the world. The Príncipe Real area, in Lisbon, has long been the preferred place to live for the LGBTI+ community, making it one of the best gay neighbourhoods in Lisbon.
Before selling a house, it is essential to study the surrounding real estate market and understand what features are most sought after by buyers. By doing this research, you can boost the sale of your property, highlighting elements that it already has or improving others.
It's official: inflation in Portugal rose by 7.2% in April 2022 and hit a 29 year high. The Institute of National Statistics in Portugal (INE) confirmed that the year-on-year change in the consumer price index (CPI) was 7.2% in April, up from 5.3% in the previous month and t
Buying a home in Portugal is becoming more expensive and the pace of increases shows no signs of slowing down. In the 4th quarter of 2021, the median price of the average family home in Portugal stood at 1,355 euros per square metre (euros/m2), reaching a new all-time high.
In 2022, many people are asking the same question: is buying property in Portugal a good investment? The current economic outlook shows that, in the long term, it is increasingly more advantageous to buy a house in Portugal compared to renting one.
In recent months, against the backdrop of the pandemic, purchases of homes to renovate and improvements to already inhabited homes have spiralled. But these always come together with issues related to building work, which may cause costs to skyrocket.
Luxury homes have attracted more and more families to live in in the last few years, as the coronavirus pandemic has made people reconsider what they want in a home. Some people are looking to the countryside, others simply want more space after spending time locked inside their smaller homes.
"House prices have grown faster than salaries in more than half of the 35 countries" that make up the Organisation for Economic Co-operation and Development (OECD), highlights the International Monetary Fund (IMF).
The coronavirus pandemic continues to have its effect on the global property market and we've already heard that rental prices will see slight rises in Portugal in 2022. But what exactly will these price rises look like? How much will rent go up by in Portugal?
The most exclusive and most expensive street in Portugal for buying a property is found Oeiras, Lisbon. Currently, buying a house on the most expensive street in Portugal costs, on average, 4,470,462 euros.
Buying a house in Portugal remains a dream for many people who want to move abroad, but due to the pandemic and house prices that continue to rise, people are putting off moving to Portugal in 2021.
Where is the most expensive place in Portugal? When it comes to buying property and looking at the 25 most expensive municipalities to buy a house in Portugal, Lisbon is the most expensive.
Lisbon is the second cheapest capital city to buy property in Western Europe. How much does property cost in Lisbon? In the Portuguese capital it is possible to find a home for 227,751 euros, with the average cost of living being 1,048 euros per month per person.
Lisbon is the 83rd most expensive city in the world in terms of cost of living, moving up 23 places in the ranking compared to last year. This is according to a study by Mercer released at the end of June 2021. The ranking of the most expensive cities for expats is led by Ashgabat, Turkmenistan.
If you're planning on moving to Portugal in 2021, one of the key factors to consider is the cost of living. What is the average cost of living in Portugal? How much money do you need to live comfortably in Portugal? Where is the cheapest place to live in Portugal?
To buy or rent a house, that is the question? This is, undoubtedly, one of the biggest questions that many people face when it's time to move to Portugal.
House prices, although less than in previous years, continued to increase in 2020 in Portugal and in general, this upward trend is expected to continue in 2021. What explains this phenomenon in a context of economic crisis generated by the COVID-19 pandemic?
What factors affect the selling price of a home in Portugal? There are many elements that will have an influence on the price a property is eventually sold for, including the condition and decor of the property.
Will house prices fall in Portugal in 2021? Is 2021 a good time to invest in property in Portugal? What effect will COVID-19 have on house prices? These are just some of the questions on the minds of those planning a move to Portugal in 2021.
The median price of houses in Portugal rose again at the end of 2020 to 1,168 euros per m2, a figure that represents a reduction compared to the previous quarter (-1.6%) but an increase compared to the same period in 2019 (+7.6%).