According to the Bank of Portugal (BdP), one in five new loans was granted to foreign citizens, whether residents or non-residents in Portugal. The share of foreign citizens (residents and non-residents) in the total stock of real estate credit increased from 6.9% in December 2022 to 8.2% in June 2024. These figures, reflecting the analysis … Read more
A detailed analysis of the variation in prices of flats in Lagos reveals valuable insights into the trends and opportunities present in the local property market. Whist some areas have witnessed a steady increase in prices due to growing demand, others may offer promising investment opportunities due to a variety of factors, such as infrastructure … Read more
As in March, the April 2024 PHMS RICS/Ci shows a scenario of consistency for the housing purchase and sale market, with several indicators remaining in neutral territory. At the same time, rental demand continues to grow, while the downward curve of supply seems to be slowing down. The net balance of responses regarding demand from … Read more
The parliament recently approved the exemption of the Municipal Property Transfer Tax (IMT) and Stamp Duty for young people up to the age of 35 on their first home purchase. This measure, proposed by the government, aims to facilitate access to housing for young people and is part of the “New Housing Strategy.” Measure Details … Read more
Comparajá.pt and Marcela Propiedades have teamed up to investigate the profitability of a investment in an apartment for long term rent in the municipality of Lagos, Faro. As in the case of the coastal region of the Algarve in general, the real estate market in the municipality of Lagos has proved to be very positive.Long … Read more
With a magnificent view of the Atlantic and the shapes of cliffs carved by the sea and time,Ponte da Piedade is an idyllic setting of cut out rocks that sharply contrast with the greenish blue waters below. Mysterious cliffs to enchant the eyes “With a magnificent view of the Atlantic and the shapes of cliffs … Read more
After New Zealand and Iceland, Portugal will occupy the third place of the Global Peace Index (GPI). Five years ago, Portugal was in 16th place in the study carried out by the Institute for Economy and Peace, and since then it has been climbing the table, and last year it was already in fifth place. … Read more
