Signing a Promissory Contract (CPCV) to Buy a Home in Portugal
The deposit, the double it back penalty, forcing the sale through, the signature witnessing rule, and the checks to run before the final deed.
The Portugal Brief
Mainland Portugal Enters Meteorological Drought After Its Driest July of the Century
The whole of mainland Portugal has entered meteorological drought after the driest July so far this century, IPMA data show, with rainfall under 8% of normal, a heat wave among the fiercest since 1981 and 44.3C recorded at Mora. Here is what it means as the fire season peaks.
President Seguro Sends Portugal's Asylum-and-Return Overhaul to the Constitutional Court Over Child-Welfare and Detention Doubts
President Antonio Jose Seguro has referred Parliament's asylum-and-return overhaul to the Constitutional Court for preventive review, citing doubts over child welfare, longer immigration detention and weaker appeal rights. The decree is frozen until the judges rule within 25 days.
Portugal's €66 Million E-Lar Scheme Swaps Gas Hobs for Induction — but Two-Thirds of the Cash Went to the Middle Class
The E-Lar programme has handed out €66 million and 52,940 vouchers worth up to €738 each to move Portuguese kitchens off gas. But €42.2 million went to middle-class households against €23.7 million for vulnerable families — exposing the tension between fighting energy poverty and decarbonising the w
Nearly a Third of Portugal's Government Declared Company Stakes — and the Transparency Watchdog Has Verified Barely One Filing in Ten
Eighteen of the 60 members of Portugal's government have declared business holdings, rising to 44% among ministers. The Transparency Entity, meanwhile, has verified just 10.24% of the 8,620 declarations filed since March 2024 — turning disclosure into something closer to an honour code.
Portugal Banks Its Ninth PRR Cheque of €2.32 Billion, Leaving a Frantic Year-End Sprint for the Final Fifth
Brussels has wired Portugal the ninth PRR instalment of €2.32 billion, lifting total drawdown to 78.67% of the €21.9 billion fund. But only 74.54% of milestones are met, and every remaining target must be cleared by 31 August to secure the last tranche before year-end.
Markets, Business & Tech Briefing: PSI Slips 0.5%, DAZN Buys Liga Rights, High-Speed Line Tested
📋 In This Edition
* Market Wrap: Lisbon Ends the Week Lower as Europe Turns Red
* Movers: EDP, Sonae and NOS Weigh; Cork and Food Retail Buck the Trend
* Business & Tech Focus: DAZN Buys Liga Portugal's International Rights, 200 km/h Tests Begin on the Évora–Elvas High-Speed Line,