Portugal

Real estate is not expected to depreciate in 2021, a year of uncertainty due to the pandemic.

Although the pandemic has gone on beyond expectations, as in many sectors of the national economy, doubts about the real estate market increase. However, the market remains optimistic if sales values ​​remain or even increase, resisting the crisis. The OECD, already incorporating the impact on the housing market in 2020 of the recent emergence of the pandemic, revised downward the intensity of the...

APEMIP asks that visits to properties with appointment be allowed

The failure to include real estate activities in the exceptions of the new confinement may be "a tragedy" for real estate, argues the Association of Professionals and Real Estate Mediation Companies of Portugal. The failure to include real estate activities in the exceptions of the new confinement may be "a tragedy" for real estate, argues the Association of Professionals and Real Estate Mediation...

Navy Garden Residences reinforces Cascais luxury residential offer

Marinha Garden Residences is the name of the new residential condominium that appears next to Quinta da Marinha, in Cascais, promoted by the Discovery fund. The new development is already fully completed, with 11 houses of superior standard T3 to T4, with areas between 190 and 239 m². All are on two floors and benefit from private gardens, basement garage area and garden common area with swimming...

120 million mega venture starts in Cascais Bay

Bayview, the 120 million-euro mega-venture that will revitalize Cascais's nascent entrance, will begin this week, creating a new residential and commercial hub near the Bay. The work is managed by Engexpor. Promoted by Grand Bay Residences - SICAFI SA and designed by Fragments of Architecture and Next Architects, Bayview has a 34,000 m² deployment area and will transform the entire sprawling area of...

Offices: occupation again loses ground in August in Portugal

Office occupancy in the Lisbon market lost ground again during August, during which 11,193 sqm were transacted, 17% less than the 13,450 sqm registered in the same month of 2018. Even so, the transacted area in 2019 continues to surpass last year's, Savills reveals. During the first eight months of 2019, the absorption of office space in the Portuguese capital totaled 136,000 m², 6% above the level of...

In Portugal the price of houses will accelerate and rise 6% this year, but will then step on the brake

The recovery of the Portuguese housing market is moving at a rapid pace, fueled by improved economy, lack of product supply and strong demand from foreign buyers and low interest rates. For all this, home prices are expected to close the year with a 6% growth this year, but in the coming years will see a cooling of the rises. Standard & Poor's expects to post a 4.5% appreciation in 2018 and 3% in the...

Mediators: Portugal away from the bubble in the real estate market

The leaders of the real estate companies REMAX and Porta da Frente have assured today that there is no prospect of a real estate bubble in Portugal, given the consolidated market and the current recourse to housing loans. "We are far from the bubble," said Rafael Ascenso, director general of the Porta da Frente, noting that this artificial overgrowth is linked to mortgage lending and that in 2016 "95%...

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