Housing market trends, real estate prices, rental policies, and property news in Portugal.
The Santa Casa da Misericórdia do Porto plans up to 400 rental homes in two to three years on Rua da Constituição and the old Estádio do Lima site, for families who get no public housing help. Rents of 500 to 1,500 euros; allocation by public call.
The mayor will put a tenfold property-tax rise on empty buildings in the Centro Histórico into the 2027 budget. What the IMI Code allows, who decides, and the 33 million euros developers paid instead of building affordable homes.
Parliament votes on the 2027 budget at first reading today. On day one, Montenegro refused to drop his rental law, the PS kept its abstention and asked for IHRU homes to go to councils, and Chega restated its terms. Comments on the bill can go to Parliament until 4 November.
Banks made mortgage standards slightly stricter from July to September, the Bank of Portugal's lending survey shows, and this time named its 45 percent repayment cap as one reason. Demand held steady; no further tightening is expected this quarter.
The EIB's new loan to IFRRU 2030 is aimed mostly at private construction and renovation, and takes its housing lending in Portugal past 3 billion euros in two years. Here is what was announced on its 50th anniversary, and what it means for owners.
President Seguro said the police charge at the Rossio camp produced images "not normal for a consolidated democracy". The 55 people detained there on 20 October have until 6 November to accept a 150 euro provisional suspension or go to trial.
Banks valued homes they were asked to finance at a median 2,278 euros per square metre in September, up 14.2 percent in a year, INE says. The figures by region and flat size, and why the appraisal, not the price, can decide how much you borrow.
