New housing measures are positive but insufficient for estate agencies
The Government's housing package, approved by Parliament on 9 January, is 'welcome' and contains 'positive' measures, but it is not certain that it will increase the supply of homes or reduce prices, acknowledge executives from leading estate agencies. For Rafael Ascenso, founder and partner at Porta da Frente Christie's, the new package brings advances ...
Lack of licence could invalidate property sales
A proposed measure in a housing-supply package due for a parliamentary vote this Friday would make the absence of a required licence a ground for invalidating property sales. Analytically, the change could introduce significant legal uncertainty for buyers, sellers, lenders and conveyancers, risk delaying transactions and cooling market activity unless clear transitional rules and enforcement guidance are set out. Stakeholders will be watching for details on compliance requirements, liability allocation and any safeguards to avoid unintended disruption to the housing market.
Portugal is facing one of the worst housing crises in Europe
What is needed to bring house prices down? Experts point to the supply of housing as the main problem.
5h: BdP governor advocates more supply to rein in house prices
The governor of the Bank of Portugal says increasing housing supply is necessary to slow or stop rising house prices.
Vacant homes would be sufficient to accommodate rising demand, says Bank of Portugal
Portugal is among the European countries with the highest share of second homes and vacant dwellings, although this proportion has fallen slightly in recent years.
Vera Gouveia Barros: "The effect of limiting short‑term rentals on prices existed, but was almost negligible"
In a context of housing access crisis and with construction approvals slowing again, doubts are growing about the sector's ability to put more homes on the market. Between announced incentives and obstacles on the ground, measures do not always translate into more supply. Vera Gouveia Barros helps explain what is holding the sector back. Listen to the podcast here.
Tax incentives for moderate rental
A bill to increase housing supply was submitted to the Assembly of the Republic this Tuesday.
