“Demand from overseas is exacerbating a housing crunch that has kept prices rising and propelled costs in Lisbon to record levels — rising almost threefold since 2015,” Bloomberg writes.
“Although this measure is being applied in Canada and being studied by the Government of the Balearic Islands (Spain), market specialists consider that this is not a solution for Portugal,”
“Average rent in Lisbon is now just over €2,000, while the minimum wage is about €760,” Antonio Fernandes writes in an article looking at people who are on the verge
Lisbon, Porto, and Cascais are where North Americans are looking most for houses to buy and rent, according to data from idealista cited by TPN.
“Following stories that landlords in Lisbon are trying to wriggle out of the cap on rent increases next year by evicting tenants, and re-renting properties at a much higher rental,
“Lisbon is the second city with the most seismic risks after Istanbul. Specialists say that until 1983, building protection against earthquakes was rudimentary,” according to Público. (in Portuguese)
“Scrapping VAT on essential food products while also helping producers in the process will cost Portugal around €600 million, Prime Minister António Costa said after his government signed a deal
“And in Northern Europe there is greater youth emancipation: in countries like Sweden, Finland and Denmark, more than 90% of young people between 25 and 34 years old do not
“Ministers have approved the measure of the Mais Habitação program, proposed by the Government, which includes the forced lease of houses that have been vacant for more than two years,”
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
