Latest news and stories about property market 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.
An analytical look at the property market reveals that Lisbon has become the least affordable capital city in Europe, driven by rising costs of living and housing.
Lisbon has joined major European cities like Barcelona and Milan in rolling back tax incentives for digital nomads and restricting short-term rentals to address severe housing shortages and market saturation.
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.
This Wednesday features the ECO Festival's 10th-anniversary celebration, a parliamentary debate with the Prime Minister, the release of INE's April housing evaluation survey, and the publication of the financial stability report.
Eight vacant government properties in Lisbon, recently sold or slated for auction, represent a missed opportunity to create approximately 450 public housing units.
Reported house prices rose 16% year‑on‑year, but the data provided appears inconsistent: the body states prices reached €2,111 per square metre in Q3 last year, while the headline claims €5,000 per square metre in Lisbon. This likely reflects different measures or geographies (national average vs Lisbon city centre, asking vs transaction prices). Verify source breakdowns and timing; implications include tighter affordability, stronger expat/investor demand in Lisbon, and amplified regional divergence in the housing market.
Cascais City Council has exercised its right of first refusal to buy 32 plots near Quinta da Marinha for €30 million, blocking a sale the owner had negotiated with two private firms. The council approved a loan to finance the acquisition, raising issues about use of public funds to secure strategic, high-value land in one of the municipality’s most expensive areas and the implications for local planning and market dynamics.
Real estate developer AM48 is preparing to start construction on the Thomaz and Telles buildings, part of the 1965 Cidade Jardim development in Loures, with an investment of around 60 million euros. According to the company, 35% of the apartments have already been sold. The first building will feature 46 apartments, while the second will consist of 77 units, ranging from one to four bedrooms. Amenities include private parking with electric charging pre-installation, storage units, common areas, coworking spaces, a swimming pool, green spaces, and balconies or terraces. The overall 1965 Cidade Jardim project involves seven buildings and 400 apartments, with a total investment exceeding 140 million euros, and will include 7,000 square metres of retail and service space. The developer will ensure BREEAM certification. Plans also include planting over 400 trees and shrubs, creating two new playgrounds, a viewpoint, a sports field, and a kiosk area. Other developments mentioned include 150 million euro towers transforming Gaia by 2030 and Libertas launching a 'Portuguese construction' concept with a 70 million euro investment in Montijo.
From Sintra to Seixal, the Santa Casa da Misericórdia de Lisboa (SCML) will hold a public auction on July 9th for eight properties with a total base value of 14.58 million euros. The auction is part of the restructuring plan that the institution began in 2024, which includes the sale of assets.
In short, we are living in a moment where the gap between asset prices and their intrinsic value seems larger than usual.
The two cities are confirmed as the primary centres for the retail property market in the country.
Real estate developer Overseas has kicked off sales for the ten ultra-luxury apartments at the Karl Lagerfeld Residences, the first of its kind in the branded residences category in Lisbon. It will be on sale in 10 countries – Portugal, Spain, France, Germany, the United Kingdom, Ireland, the USA, Brazil, Dubai, and China – and was officially presented this Tuesday at...
A new study has singled out Lisbon as Europe’s least affordable rental market, with average rent consuming over 99% of net salary. The finding comes from financial consultancy Tradingpedia, which examined The post Lisbon named least affordable European city for renting appeared first on Portugal Resident.
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.
The demand for luxury real estate in Portugal is rising among millionaires, yet the supply of properties priced over 4 million euros remains insufficient.
The Wiiinle group has invested 5.5 million euros in the redevelopment of the former Hotel Smart, which is being replaced by the Estoril Boutique Hotel and opens on 5 June. In a statement this Thursday, the group notes that the initial plan was to transform the building into apartments, however, the vision for the project ended up changing during the process.
A new study indicates that Portugal ranks fourth among European countries in terms of appeal for investors in the hospitality sector.
The Portuguese central bank suggests lowering the maximum effort rate allowed for housing credit applications to 45%.
Álvaro Santos Pereira stated that the banking regulator and supervisor will propose reducing the debt-to-income ratio from 50% to 45%.
Lisbon leads the list of the most expensive rents in 127 European cities.
The fiscal package is a good measure, but it does not resolve the crisis.
Brazilians are investing in high-end real estate in Portugal, with property purchases reaching values of up to 8 million euros.
The central bank is considering changes to the debt-to-income ratio requirements for mortgage loans, which may affect thousands of prospective homebuyers.
An analysis of CEO compensation at companies on the main Lisbon Stock Exchange index reveals that they earned, on average, 53 times more than their employees. The Bank of Portugal will reduce the debt-to-income ratio that families must meet for home loan repayments, with the aim of curbing...
