Financial

Estate Agents’ Expectations Moderately Optimistic at the Start of the Year Estate agents are moderately optimistic as the year begins. On the one hand, they expect to sell more homes, while on the other, some admit that the number of rented properties is likely to remain the same. And what about prices? The majority of property professionals surveyed by idealista believe that house prices will...

The Government is set to cut €391.3 million in funding allocated to housing under the Recovery and Resilience Plan (PRR), as part of a budget reprogramming to be presented in Brussels. The measure, announced by the Secretary of State for Planning and Regional Development, Hélder Reis, is driven by rising construction costs and the limited timeframe for project execution. Despite the budget...

Luis de Guindos, Vice-President of the European Central Bank, confirms the trajectory of interest rate cuts as inflation aligns with targets. Learn about recent decisions and market expectations for 2025. The Vice-President of the European Central Bank (ECB), Luis de Guindos, stated during an event organised by the Madrid Business Forum that no one knows "what the end" of the current monetary policy...

The AGCP office, which supports foreign investors in establishing themselves in Portugal, has recorded a 50% increase in interest from North Americans, particularly those coming from California. “Many are looking for a plan B, whether to relocate permanently or obtain a residence permit, particularly the Golden Visa, which gives them the freedom to leave if they feel the need,” stated co-founder...

With shifting lifestyle preferences and evolving real estate market trends, Portugal’s Silver Coast, located between Lisbon and Porto, has emerged as a top destination for homebuyers and property investors alike. Portugal: A Real Estate HotspotPortugal has long been a favorite among international buyers seeking holiday homes, investment properties, or a fresh start. Prime locations such as Lisbon and...

The weak European economy and signs of inflation stabilization are two key factors currently pressuring the European Central Bank (ECB) to proceed with further cuts to its benchmark interest rates—potentially larger reductions than before. External factors are also contributing to this pressure, such as Donald Trump’s recent victory in the U.S. presidential elections, which has already impacted...

Hello Buyers, In recent years, the role of credit intermediaries (CIs) has skyrocketed in Portugal, especially in the home and auto loan sectors. Now, the Bank of Portugal (BoP) is stepping in with new legislative proposals aimed at tightening regulations around CIs, promoting more “transparency and clarity” to prevent “bias in credit advice,” according to Francisca Guedes de Oliveira, a BoP...

Hello Buyers, with tax incentives in place, individuals aged 35 or under comprised the majority of new mortgage applications in August, accounting for 54% of the total granted. In August, young adults up to the age of 35 represented 54% of new housing loan requests approved in Portugal. This marked the first time since the beginning of the year that the majority of loans in this sector were...

Hello Buyers, today we give you an in-depth exploration of CostaTerra, an exclusive real estate haven on Portugal’s stunning Alentejo coast. This article delves into the luxurious lifestyle, unique amenities, and valuable investment opportunities at CostaTerra, a premier development by the esteemed Discovery Land Company. Overview Strategic location and rich cultural heritage CostaTerra’s...

The bank appraisal of houses has reached a new peak, reaching 1,580 euros per square meter, reflecting the continuous increase in real estate market values. The amount by which banks assess residences when granting loans for property purchases rose in March for the fourth consecutive month. The increase was 20 euros, thus reaching a total of 1,580 euros per square meter, a new record since the National...