Latest news and stories about housing in finance in Lisboa, Portugal for expats and residents.
The Portuguese state has sold two vacant buildings in central Lisbon for 20 million euros, a price point that likely precludes their original intended use for public housing.
A report highlights the significant price gap in the housing market, noting that foreign buyers are willing and able to pay 43% more for properties compared to local Portuguese residents.
Eight vacant government properties in Lisbon, recently sold or slated for auction, represent a missed opportunity to create approximately 450 public housing units.
Carlos Moedas' four-and-a-half-year tenure as Mayor of Lisbon is criticised for a lack of strategic vision and execution, marked by worsening housing crises, budget cuts, infrastructure failures, and allegations of political mismanagement.
In a study comparing 37 European capitals based on daily expenses and average net salaries, Lisbon emerges as the least affordable capital. For those living alone, expenses exceed 127% of the average salary in 2026.
The Banco Português de Fomento has 500 million euros available this year to finance housing cooperatives, the bank's president said today at a press conference in Lisbon.
Lisbon and Porto continue to lead the supply, accounting for about two-thirds of the total, both with growth in the order of 25%
Access to housing in Portugal is constrained by the growing gap between salaries and prices, according to a study by real estate consultancy CBRE. In Lisbon, the median bank valuation reached 2,523 euros per square metre, meaning it takes approximately 90 months of average salary to buy a 50-square-metre property, a significant increase from the 61 months required in 2011. The study highlights a low level of new construction, with only 27,000 new homes built in 2024 compared to 170,000 sales. CBRE suggests that a deep reform of the rental sector, the reduction of bureaucratic friction in licensing, and fiscal stability are essential to address the housing crisis.
The current president of Kyndryl built his career in consulting and reached the top in an international role. It was in that position that he realised that success, happiness, and personal fulfilment do not always go hand in hand. José Gonçalves is the guest on this episode of the podcast 'O CEO é o limite'.
Anidaport, a real estate company of the BBVA group, has sold a plot of land for a residential project in central Lisbon to the developer Vizta. Located on Rua Sarmento Beires, between Areeiro and Alto do Pina, the asset includes an architectural plan for a housing development with 7,921 square metres of gross area.
In Wednesday's plenary session, the IL president also stated that rents for new contracts 'are rising by 10% per year' and that buying a house in Lisbon 'now requires 102% of the median salary'. And she is right.
Chega today justified its vote in favour of Lisbon's municipal budget for 2026 with the incorporation of measures, including allowing municipal tenants to become homeowners, with the leadership of PSD/CDS-PP/IL confirming the inclusion in the 2026-2030 plan.
In November, rental prices in Portugal increased by 3.2%, with Lisbon recording the highest rates among the cities.
