News

Holiday rental property tax revoked

The Government has approved proposals to change the local accommodation (AL) rules included by the previous executive in the Mais Habitação program, including the revocation of the extraordinary contribution.

Foreigners invest €682 million in real estate

Real estate continues to attract investors to Portugal. In the first quarter of 2024 alone, foreign direct investment in real estate was 682 million euros, but this figure fell compared to the 853 million euros recorded in the final stretch of last year.

Cost of living in Portugal 2024

Portugal provides numerous advantages to its residents, including a pleasant Mediterranean climate, low crime rates and beautiful landscapes. But is it expensive to live in Portugal? How much money do you need to live comfortably in Portugal? Portugal is known for its affordable living expenses in comparison to other developed nations in North America and Europe. From lively cities to idyllic shorelines, Portugal offers endless possibilities.

House prices falling Europe – but not in Portugal

Portugal recorded the 5th biggest increase in house prices in the EU between the last quarter of 2023 and the same period last year, according to Eurostat.

Rental prices at 4 year high in Portugal

The price of homes to rent in Portugal accelerated by 11.6% at the end of 2023, the highest year-on-year variation since 2020, according to INE.

Best Cities to Live in Portugal

Renowned for its rich history and wine, Porto draws foreigners to live in Portugal with its thriving real estate market, lively culture, low cost of living, and great employment prospects. Prospective purchasers can find out various possibilities in Porto.