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Housing

Housing market trends, real estate prices, rental policies, and property news in Portugal.

Storm Kristin: Insurers Have Paid Out €303 Million — and the Final Bill Could Top €1 Billion

Storm Kristin: Insurers Have Paid Out €303 Million — and the Final Bill Could Top €1 Billion

Two months after the series of storms that devastated Portugal's interior, the country's insurance sector has paid or advanced more than €303 million in claims — less than a third of an estimated €983 million in total indemnifiable losses, according...

Mortgage Payments Set to Rise as Middle East Conflict Pushes Euribor Higher

Mortgage Payments Set to Rise as Middle East Conflict Pushes Euribor Higher

Portuguese homeowners with variable-rate mortgages are facing unwelcome news this Easter: monthly repayments are going up. The Euribor rate -- the benchmark used in the vast majority of Portuguese mortgage contracts -- has reversed its downward...