Purchase property

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.

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

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).

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.

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.

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 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.

The O'Living residential development, developed by Mexto Property Investment (Mexto) and signed by the Saraiva e Associados architecture studio, is attracting many Portuguese buyers.

The slowdown in the Portuguese property market "is proving to be less pronounced than expected, at least in terms of house prices", according to a study by CaixaBank Research, which has improved the country's growth forecasts for 2023.

The Portuguese commercial property investment market closed the first half of the year with a total investment volume of 765 million euros.

WellBe, a new sustainable office project in Parque das Nações, is due to open at the end of 2024 and is expected to accommodate around 3,200 people.

​​​​​​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.

The demand for housing in Portugal continues to grow and there are areas that, for various reasons, are attracting more interest from investors - both domestic and foreign.

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.