Cycas Hospitality has announced its first signing in Portugal, a resort-style hotel development under Marriott International's Autograph Collection in Sintra, a UNESCO World Heritage site near Lisbon. This marks Cycas Hospitality's entry into the Iberian Peninsula, expanding its presence in Southern Europe to over 55 hotels across 13 European countries. The hotel is being developed as a joint venture...
Portugal has moved from 10th to 8th place among EU countries with the highest accommodation prices in 2024. However, a study by CoStar indicates that this trend reversed in February. In 2024, Portuguese tourist accommodation had an average revenue per available room (ADR) of €160.46, a key metric for tracking price changes. This represents a 6.8% increase, exceeding inflation, and places Portugal among...
>Many foreigners are choosing to buy or rent houses in Portugal, seeking an improved quality of life or investment opportunities. According to recent data from idealista/data, interest from individuals residing outside of Europe remains strong. Demand for housing in Portugal from non-EU citizens continues to exceed that from EU citizens, both for purchases and rentals, with rental demand being...
The Portuguese government has expanded eligibility for the 1st Right housing programme to include more families struggling with housing costs. A recent decree, published in Diário da República, now considers households spending over 40% of their income on rent or mortgage payments to be financially vulnerable and eligible for support. Previously, the programme primarily assisted those living in...
Selling a house quickly can be a positive step for homeowners considering a move. It can also encourage those on the fence about selling to contact an estate agent. A speedy completion day minimizes stress for everyone involved. Here, property expert Mishantha Liyanage, founder of Mistoria Group, shares his tips for a quick and smooth house sale. Make a Plan Many people want a quick sale, but they lack a...
loop Paulo Raimundo addressed a public forum in Barreiro, Setúbal, discussing housing issues as part of a broader campaign focused on wages and pensions. He argued that addressing the housing problem requires tackling both wage stagnation and speculation. Raimundo specifically pointed to banks and real estate funds as contributing to the issue, noting that many people in Portugal struggle to afford rent...
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Location: Alcácer do Sal, Portugal Price: 495,000 € (approximately $541,433 USD) Footprint: 1,490 square feet (three bedrooms, three baths) Description: This renovated townhouse is located in Alcácer do Sal. The house features three bedrooms, three bathrooms, a dining area with a kitchen, a lounge, a courtyard, and a balcony. It’s near the Sado River and within driving distance of Comporta...
Spain’s Exit Creates a Surge in Demand Spain’s Golden Visa program was once considered the most accessible in Europe. With a minimum property investment of €500,000, investors could obtain a residency permit, visa-free Schengen access, and a clear pathway to citizenship. However, locals viewed the program differently. Spain has experienced rising house prices since 2014, largely due to foreign real...
According to the ‘European Property Outlook H1 2025’ study by BNP Paribas Real Estate, in partnership with Worx, the European property sector shows signs of a potential positive shift. This is supported by decreasing inflation and a gradual reduction in interest rates, which could improve access to financing, although debt costs remain elevated compared to previous years. The study suggests this may...
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