News

Home Prices Reach Record Highs

In the second quarter of 2025, home prices in Portugal experienced their highest growth ever, increasing by 17.2% year-over-year. This surge is attributed to supportive measures for young homebuyers, such as public guarantees on housing loans and exemptions from the IMT (real estate transfer tax), alongside the European Central Bank's easing of interest rates, which have facilitated access to bank credit.

Price Explosion for Trump “Refugees”

Portugal's real estate market is experiencing significant growth, driven by an influx of American expatriates seeking a more stable environment. From January to July 2025, over 1.3 million Americans visited Portugal, surpassing traditional European visitors. The number of U.S. citizens residing in Portugal has more than doubled since 2017, reaching nearly 21,000. This trend is contributing to a vibrant housing market, with retirees and professionals finding Portugal an attractive destination for relocation.

Historic Rise in Property Prices

Property prices in Portugal rose by 18.7% last year, reaching an all-time high. The number of homes sold between January and March 2025 increased by 24.9% compared to the same period in 2024, with over 40,000 properties sold. Lower mortgage interest rates, new support measures for young buyers, and strong rental demand are driving growth in the housing market. Average prices have now reached a record €1,951 per square metre.

How Are House Rents Evolving in 2025?

In recent years, renting a house has been a challenge due to the constant increase in rents. However, 2025 has started with signs of change. Although prices continue to rise, the growth rate is slowing down, making the market more predictable for those looking to rent a home. According to the latest data, rents increased by 5.9% in February 2025, a figure lower than the 6.5% recorded in January. This means that, despite the increase, the trend of slowdown persists.

Urban Rehabilitation: Transformation in Lisbon and Porto

Urban rehabilitation has become central to the transformation of Portuguese cities, boosting both residential markets and citizens' quality of life. In two major capitals, Porto and Lisbon, ambitious projects demonstrate how modernisation and regeneration of urban spaces can drive the creation of modern housing and the recovery of previously neglected areas.

House prices record the sharpest monthly rise in over a year and accelerate year-on-year increase to 13.6%

House price growth in mainland Portugal accelerated again in February, with an increase of 2.1% compared to the previous month. This is the sharpest monthly increase in over a year, confirming the acceleration trend seen in January, which is already visible in the year-on-year rate of change.