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Housing

Housing market trends, real estate prices, rental policies, and property news in Portugal.
Keys resting beside a small model house — illustration of the keys-handover stage of a Portuguese residential lease, the moment at which the caução and Imposto do Selo clear and the property

Signing a Rental Lease in Portugal in 2026 — A Practical Guide to the NRAU, the Caução, the Fiador, the Imposto do Selo, the Recibo de Renda Eletrónico and the INE Annual Rent-Update Coefficient

Practical 2026 guide to signing a residential lease in Portugal — the NRAU rulebook, caução and fiador conventions, 10% Imposto do Selo, the AT lease registration, the recibo de renda eletrónico, the €502 IRS rental deduction cap and the INE annual rent-update coefficient.
The Portugal Brief
Banco Português de Fomento and Spain's ICO Pen a Cross-Border Habitação Social Memorandum at Castro Almeida's Madrid Stop — Affordable-Rental, SME-Guarantee and Internationalisation Stack Extends the 6 March Cimeira Iberian Declaration

Banco Português de Fomento and Spain's ICO Pen a Cross-Border Habitação Social Memorandum at Castro Almeida's Madrid Stop — Affordable-Rental, SME-Guarantee and Internationalisation Stack Extends the 6 March Cimeira Iberian Declaration

Banco Português de Fomento and Spain's ICO sign a four-pillar memorandum in Madrid on 18 June 2026 — habitação social, affordable rental, credit-risk model harmonisation, SME guarantees and internationalisation — under the 6 March Cimeira Luso-Espanhola declaration.
The Portugal Brief
Banco de Portugal's June Boletim Económico Flips Portugal's Demographic-vs-Supply Housing Gap to Surplus for the First Time in 11 Years — 300,000-Unit Decade Deficit, 26,700 Completions and the Immigration Cut Frame the Reset

Banco de Portugal's June Boletim Económico Flips Portugal's Demographic-vs-Supply Housing Gap to Surplus for the First Time in 11 Years — 300,000-Unit Decade Deficit, 26,700 Completions and the Immigration Cut Frame the Reset

The Banco de Portugal (Bank of Portugal, BdP) Boletim Económico — Junho 2026 (June 2026 Economic Bulletin), published Sunday 15 June, carries a thematic study titled Housing in Portugal: determinants of supply and dynamics of prices and rents that...
The Portugal Brief