Latest news and stories about property market in property in Lisboa, Portugal for expats and residents.
The European Commission has introduced the Affordable Housing Act, a framework designed to provide member states with legal tools and flexibility to address housing shortages, short-term rentals, and vacant properties without mandating specific national policies.
A new study from the Technical University of Vienna identifies the Portuguese housing market as systematically inaccessible for middle-income earners, highlighting a broader European trend where average buyers struggle to afford basic living spaces.
Rising accommodation costs in cities like Lisbon and Coimbra are forcing university students to consider dropping out, while families face increasing risks from online property scams.
Electrical engineer João Santos is using his platform 'O Explorador' and viral social media content to challenge inflated property prices in Lisbon, advocating for market transparency and aggressive negotiation.
An analytical exploration of how Portugal's luxury property market is spearheading a global shift towards wellness-integrated residential design.
The Casa Para Viver platform has submitted an open letter to the Portuguese Minister of Infrastructure and Housing, formally demanding a reduction in rental costs amidst the ongoing national housing crisis.
The Cascais City Council is challenging a Public Prosecutor's order to halt the Hilton hotel project, amid revelations that nine of the thirty-seven disputed properties have already been sold, highlighting a significant disparity between the land's sale price and current market values.
The Public Prosecutor has initiated legal action against a Hilton hotel development in Cascais, alleging the illegal annexation of public land to maintain seven floors and seeking the demolition of three levels.
The Public Prosecutor's Office has requested the immediate suspension and potential demolition of a Hilton hotel and apartment development in Cascais, citing legal irregularities in the land sale and authorization process involving current Minister of Infrastructure Miguel Pinto Luz.
Government demand incentives for first-time homebuyers are clashing with supply shortages and demographic shifts, drawing criticism from the IMF and Bank of Portugal over potential impacts on housing prices.
The Lisbon City Council's decision to sell ten municipal plots raises concerns about whether these lands are truly 'non-strategic,' as some were previously earmarked for affordable housing and cooperative programs, sparking questions about accountability during a housing crisis.
Rui Tavares concludes his tenure as leader of the Livre party at the 17th congress, where he criticized the government's housing policies and the PS's political strategy, while the party prepares for new leadership under Jorge Pinto.
Lisbon faces a significant housing crisis with approximately 44,000 vacant or abandoned properties, rendering over 20 percent of the city's total housing stock inaccessible.
The Tax Authority has issued a warning that renting out a primary residence before selling it can disqualify homeowners from capital gains tax exemptions, regardless of their registered tax address.
A recent report reveals that housing affordability in several European cities has reached a critical point, with Lisbon recording a price-to-income ratio of 18.7, meaning residents must dedicate nearly 19 years of average annual earnings to purchase a home.
A neo-Nazi group plotting an attack on the Prime Minister was found with a hit list of 120 individuals, while the government faces legislative setbacks with a rejected labour reform and shifting trends in the Portuguese property market.
The government maintains its decision to auction properties despite criticism that these buildings could have been repurposed to address the public housing crisis.
The Sana hotel group, already owing over four million euros in rent for the Quartel da Graça concession, has formally requested a contract review citing a need for financial rebalancing.
New housing contract rents in Porto have experienced a decline since 2024, while the rental market in Lisbon shows signs of stabilization.
The book '108 voices for housing', launched at the Lisbon Book Fair, features diverse perspectives aimed at elevating the national discourse on housing policy and market challenges.
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.
With only four months remaining until the European recovery fund deadline, the Minister of Infrastructure reports that 20,000 of the planned 26,000 houses have been completed under the Recovery and Resilience Plan.
Eight vacant government properties in Lisbon, recently sold or slated for auction, represent a missed opportunity to create approximately 450 public housing units.
The Casa para Viver platform is petitioning the President of Portugal to declare the housing crisis a national emergency, advocating for rent controls and eviction protections ahead of nationwide protests.
The Oeiras City Council has approved a significant real estate development at the former Foundry site, which contradicts the foundational principles of New Oeiras.
The Lisbon City Council has cancelled 40% of local accommodations due to inactivity, marking a significant move in the city's management of 'ghost' AL licenses. This week's highlights also include insights from César Araújo on the influx of Asian products into Europe, discussions on the PRR, and advancements in Quantum Computing. Other topics cover the unpredictability of European funds and TAP's potential role within the Air France/KLM group.
