New real estate scam through online platforms in Portugal
Looking for a house? Beware, there’s a new scam through real estate platforms. Online real estate platforms are often the scene of scams: however, attention needs to be paid to…
Higher labor cost put pressure on new real estate prices
Material prices are already stabilizing, but the cost of labor in new construction increased by 8.1% in 2023, according to INE. The construction union estimates that the sector is short…
There are more houses available to rent in Portugal
Supply has soared by 55% but prices remain high In the fourth quarter of 2023, the “stock” of Portuguese housing available to rent rose by 55%, compared to what was…
Buying a house in Portugal?
Places where prices have risen the most. Leiria (2%), Santarém (1.9%) and Lisbon (1.4%) led the price rises. House prices in Portugal rose 0.8% in January compared to the previous…
Are Foreigners and tourism connected to the housing crisis?
There are those who do not spare criticism of foreign buyers and the tourism sector for “stealing” properties from the market. The government has already changed the rules, put an…
Municipal Property Tax 2024: Simulator helps calculate the amount to pay
Understanding how much you will pay in IMI is essential to ensuring a balanced family budget. The Municipal Property Tax (IMI) is an annual tax levied on the ownership of…
House prices fall in Europe but continue to rise in Portugal
House prices have already fallen in the Euro-zone for two consecutive quarters, by around 2%, but Portugal is bucking the trend of falling house prices. According to Eurostat’s house price…