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Amadora registered the highest increase in housing price in the first three months of the year. It has increased by 22.7% relative to the national average of 9.2%. Lisbon keeps registering the highest housing prices in the country, despite Amadora registering the most accentuated increase in those relative to the national average. According to the […]
Public debt dropped by 5.6Bn€ in June, after the payment of 8.1Bn€ in general obligation bonds during that month as reported by the Bank of Portugal. With such reimbursement, the public debt fell from 252.5Bn€ to 246.9Bn€. During last June, IGCP (Portuguese Treasury and Debt Management Agency) underwent the biggest amortization of the year by […]
The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, growing above the EU average. The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, maintaining the same growth pace shown at the beginning of the year as well […]
Investment in real estate in Lisbon hit a new record, reaching €5.92 billion in 2018, according to the Confidential Imobiliário. (Ci). Lisbon’s real estate continues to break new records. Last year, the investment in the Urban Rehabilitation Area (ARU) of Lisbon amounted to €5.92 billion, the equivalent to 13,150 transactions, according to data from the […]
The average sale price of housing in Portugal increased to €996 per square meter in the fourth quarter of 2018. According to the National Statistics Office, Lisbon and Porto saw growth rates above 23 percent. Lisbon and the Algarve still have the most expensive real estate in Portugal, with Porto having one of the biggest […]
Emerging Trends in Europe 2019 ranked the real estate markets in major European cities according to their overall investment and development prospects. With some of Europe’s major markets judged to be peaking, attention is shifting to smaller, dynamic cities: the “rising stars”. This year’s choice for overall prospects is Lisbon, rising 10 places to number […]
The sale price of houses in mainland Portugal increased by 15.6% in September, according to the Confidencial Imobiliário Residential Price Index. In monthly terms, the rise was 1.3%, according to the publication that tracks the change in transaction prices in the residential market. The September figures confirm that prices in the housing market continue to […]
Prime minister António Costa said that the country would see investments of over €5 billion under the Portugal 2020 project – a partnership agreement undertaken between Portugal and the European Commission. “The state is responsible for creating better conditions for investment”, Costa said at the inauguration of plastics company Roclayer, in Vila Velha de Ródão. […]