Developers say ‘More Housing’ package “paralysed the sector”

By Essential Business Posted 23 Junho, 2023 In Development, Investment, News, Real Estate The Portuguese Government’s ‘More Housing’ package, which seeks to help alleviate the chronic affordable housing shortage suffered in Portugal’s main two cities of Lisbon and Porto, did more harm than good and “paralysed the real estate development and investment sector in Portugal” according to a sector association … Read more

Government backtracks on Golden Visas for VC funds

By Essential Business Posted 23 Junho, 2023 In Golden Visa, Investment, News Portugal’s government has decided to retain the Golden Visa programme for investors in venture capital funds. It means that while direct investment in real estate is now no longer eligible in return for a Golden Visa, the regime will be kept on for … Read more

IMF warns of “vulnerabilities” in Portuguese real estate market

By Essential Business Posted 23 Junho, 2023 In Economy, House prices, Housing, IMF, News The International Monetary Fund has advised Portugal that financial policies should continue to concentrate on systemic risks which it says have increased because of more restrictive financial conditions and increased vulnerabilities in the real estate market. The IMF restated its forecast of 2.6% for Portugal’s GDP for … Read more