Latest news and stories about housing crisis in finance in Portugal for expats and residents.
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Real estate development has been turned into an obstacle course, with high investment, indefinite timelines, and uncertain risks, accessible only to 'high-performance athletes'.
The lack of affordable housing helps explain the growth of radical political forces in Europe, according to experts interviewed by CNN Portugal. However, it is not the only factor.
Portugal is facing a significant housing crisis, necessitating a shift in perspective towards renting as a viable solution. Traditionally a nation of homeowners, Portugal must embrace a robust rental market to address the needs of those unable to purchase homes. The built-to-rent model, which focuses on long-term rental projects, alongside public-private partnerships, can enhance the supply of quality rental housing. However, any strategy must consider income levels and the need for affordable housing solutions for the middle class. A diverse rental market, supported by effective public policies, is essential for creating inclusive cities and a balanced housing market.
The European Commissioner for Housing will meet with ministers and mayors to discuss a plan he has just presented and to consider how to 'ensure it is implemented in a way that helps'.
European institutions in Brussels acknowledged that Portugal is among the EU member states most affected by the ongoing housing crisis, signalling significant challenges around housing affordability and supply.
An IGF audit of the Institute of Financial Management’s property portfolio finds that Social Security is holding 854 empty homes while Portugal faces an unprecedented housing crisis. The report criticises inefficient asset management, poor utilisation and weak oversight of the Social Security housing stock, creating lost opportunities to relieve market pressure. The findings point to a need for clearer inventory, faster reallocation or disposal procedures, and greater transparency and coordination between agencies to convert idle public housing into usable supply.
The OECD warns that, despite the resilience of the Portuguese economy, there are challenges to growth. Also, two people have died and dozens were injured in an accident in France involving two Portuguese coaches.
Home News Developers warn of property risks in Portugal Developers warn of property risks in Portugal Developers have given a positive assessment of the European Union's ( EU) plan for the housing crisis.
The ZPU has been in effect since 2020; the housing crisis has worsened, prices have risen, and supply has not increased. More pressure from the state has resulted in fewer houses.
On average, in Portugal, young people leave their parents' home at 29 years old, but staying in the nest is not always an option. The delay in young people's independence in Southern and Eastern Europe highlights the financial and housing crisis, of which Generation Z is the main victim.
The European Commission presented the European Affordable Housing Plan on Tuesday, a response to the housing emergency that has arisen across the continent, reflected in a significant rise in house prices in most EU countries in recent years. With an annual investment of 150 billion euros during ...
The European Commission has stated that pension funds are contributing to the worsening housing crisis in Portugal.
The Commission's first-ever Affordable Housing Plan also frees up public cash and slashes red tape to build new houses.
Housing has ceased to be just a problem for some member states and has become a European emergency. With house prices rising over 60% and rents climbing 20% since 2013 — rates much higher than the growth of household incomes — the European Commission has decided to intervene. The response to the crisis ...
A Eurobarometer survey from the European Parliament highlights that access to housing is one of the biggest issues in Europe.
The European Commission will propose on Tuesday a relaxation of EU state aid rules and limits on short-term rentals to promote access to affordable housing within the community, with Lisbon being one of the most pressured cities. Due to the severe housing crisis in the European Union (EU), the European Commission will present a Plan ...
The European Commission presents measures to protect European families from the housing crisis. Sakharov Prize: two journalists imprisoned in Georgia and Belarus are awarded today.
An article discussing personal insights and contributions towards addressing the housing crisis.
The Government is betting on a fiscal shock to attract real estate investment, but will reducing VAT and creating incentives be enough to solve the housing crisis and make renting affordable?
Surprised by the scale of the housing problem in the European Union, the Spanish MEP, who is the rapporteur in the committee set up to study the housing crisis, acknowledges that more needs to be built.
The proposals submitted by the Government to parliament “have positive effects, but are insufficient” to resolve the housing crisis, says Luís Mendes, vice-president of the Lisbon Tenants Association (AIL), in statements to the Lusa agency. "These are measures that could unlock the rental market, if landlords agree, but they are poorly structured to contain ...
At the end of a visit to Cáritas, the presidential candidate described the current situation in the housing market as “a nightmare”, which “negatively influences people's lives very much.”
The government approved two legislative authorization proposals on Friday with additional measures to mitigate the housing crisis. The Council of Ministers gave the green light to two bills aimed at reducing bureaucracy through the new Legal Regime of Urbanization and Construction (RJUE) and tax reductions.
Housing is an essential good, but it is also an economic asset. Portugal's challenge is to reconcile these two dimensions.
