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House prices in Portugal up 13.1% in January to hit new record

Average house prices in Portugal rose 13.1% in January 2026 compared with 2025, reaching a new record of around €3,047/m², with price gains seen across most regions. This strong performance highlights Portugal’s ongoing real estate market growth, offering attractive investment prospects, especially in cities like Porto, where sustained demand supports price increases and long-term value potential.

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What to know about Portugal’s new work-seeking visa and residency pathway rules

Portugal has recently reformed its immigration system by replacing the traditional job-seeker visa with a new skilled work-seeking visa and requiring residency applications to begin in applicants’ home countries. These changes aim to better match immigration with labor market needs and can benefit qualified foreigners looking to live and invest in Portugal, contributing to economic stability that supports the real estate market, especially in cities like Porto.

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Prime Minister says Portugal is gaining ground as a leading European investment hub

Portugal’s prime minister highlighted that the country is becoming an increasingly attractive destination for international investment, drawing capital, skilled professionals, and innovation. This growing global appeal strengthens confidence in Portugal’s economy and supports its real estate market, with cities like Porto benefiting from heightened foreign investor and resident interest.

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A Complete Guide to Citizenship in Portugal Through Investment

Portugal provides a path to citizenship for foreign investors via the Golden Visa program, granting legal residency and — after meeting investment requirements and residing in the country for several years — the opportunity to apply for permanent residency and Portuguese citizenship. This program has attracted significant foreign capital, supporting the real estate market in Portugal and positioning the country as a stable, attractive place to live, work, and invest with access to the Schengen Area.

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Portugal Real Estate 2026: Where Value Meets Opportunity

In 2026, Portugal’s real estate market still draws strong international interest and steady domestic demand, with buyers focused on lifestyle and infrastructure‑driven locations. Recent tax incentives — like reduced VAT on new construction up to €648,000, boost the attractiveness of new residential investments. Major cities such as Porto and Lisbon remain appealing, while secondary markets offer value, yields, and sustainable opportunities for strategic investors.

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Portuguese has the most dynamic luxury real estate

he Luxury Outlook 2026 report shows Portugal’s luxury property segment expanding with strong domestic and international demand, outperforming the traditional market in sales and value. Lisbon remains a key hub, and there is high demand for luxury in Cascais, Porto, Algarve, and Madeira, with new premium residential projects emerging.

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