loop: Redpin, a property software firm, is launching Currencies Direct in Brazil to facilitate investments in Portuguese property. This initiative addresses the significant property-related foreign exchange flows from Brazil to Portugal. Brazilian nationals represented 15% of real estate sales in Portugal in 2023 and contribute to the growth of the existing Brazilian community of 250,000 to 500,000...
Knocking down property markets would be catastrophic, according to Miguel Albuquerque. He argued against restricting foreign investment or real estate activity, stating it would harm the economy. When asked about limiting property sales to foreigners, Albuquerque said the market should be allowed to function freely. He cautioned against government price controls, believing they create market...
Portugal Golden Visa Program: New Rules and Updates in 2025 | Get Golden Visa ...
Portugal remains a popular destination for those seeking to buy a luxury home. High-net-worth families are primarily interested in areas near Lisbon and along the coast, balancing seaside living with city amenities. However, options for those desiring a rural retreat are limited due to a shortage of properties priced above €1 million.Analysis indicates that luxury homebuyers in Portugal prioritize...
House sales prices in the Algarve increased by 13.8% in 2024, according to Confidencial Imobiliário's Residential Price Index for the 4th quarter. This growth exceeded the national average of 11.0% for the same period, as well as rates in Lisbon (5.5%) and Porto (7.8%). The rate of interest in the Algarve accelerated compared to 2023 (9.2%), diverging from Lisbon and Porto, where the pace of increase...
Renovation and new construction showed continued growth, with an 8.1% increase in licenses issued overall. This is detailed in the latest AICCOPN Housing Statistical Summary, as reported by idealista. Financial institutions provided €17.792 million in new housing loans, a 37% increase compared to 2024. This suggests stability in the housing market despite fluctuating interest rates and economic...
Editor’s note: "Where to Retire: Portugal" is part of an ongoing series on retiring abroad. To see all the articles in the series, jump to the end.Considering retirement in Portugal? You won’t be alone. Over 14,000 U.S. citizens currently reside in Portugal, and the number of Americans is rising rapidly—increasing by 239% from 2017 to 2022. Retirees are attracted to Portugal for its warm climate,...
Weichert Real Estate Affiliates, Inc. (WREA) has announced an international expansion through a licensing agreement with HomeLovers, a real estate company based in Lisbon, Portugal. This marks the first time the Weichert® brand has entered the international residential real estate market. “This is a significant milestone for our organization,” said Bill Scavone, president of Weichert Real Estate...
Baldwin Lisbon's Graça neighbourhood is seeing the construction of a new residential development called Terraços do Monte. The project includes 15 apartments—with two- and three-bedroom options—and two five-bedroom penthouses, spread across seven floors. The development’s history began in 2016 when Vanguard Properties acquired it. The building’s design is by ARX Portugal Arquitectos, the same...
Rental prices in Portugal have shown a slowing increase since the beginning of 2025. Following a significant deceleration in January, the rate of rent increases continued to decline in February. Data from the National Statistics Institute in Portugal (INE) indicates that the year-on-year change in housing rents per square meter was 5.9% in February 2025, down from 6.5% the previous month, according to a...
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