Within the framework of the "Decent Housing" policy, the Portuguese Government approved a broad set of measures with the stated objective of guaranteeing decent housing for all citizens. Among the most relevant decisions is the reduction of the VAT rate to 6% on the construction of houses for sale up to €648,000 or for rent up to €2,300, creating a direct incentive for the supply of housing for the middle class, especially in areas of greater pressure, such as Lisbon and Port

The State Budget for 2026 explicitly acknowledges that Portugal faces a “serious housing crisis,” an expression that appears in the document itself submitted to Parliament. This political recognition translates into a reinforcement of public housing programs, rent support, and financing instruments to accelerate the supply of affordable housing, especially for families with middle and low incomes. One of the central pillars is investment in public and subsidized housing, mana

In 2026, the real estate market in Portugal will enter a consolidation phase: house prices will continue to appreciate, but with a more selective profile and segmented by location. In consolidated urban areas, such as Lisbon and Porto, the scarcity of quality supply and structurally high demand will maintain pressure on sales prices, while some secondary markets show more moderate increases and still attractive buying opportunities. One of the main trends is sustained appreci

Construction production in Portugal has regained momentum and is marking the start of 2026 with a significant signal for the entire real estate market. In November 2025, construction production rose by 4.5%, in a context where the Eurozone and the European Union registered a decline, reinforcing the idea that the Portuguese cycle has its own more positive dynamics. This growth is closely associated with the combination of public works, urban rehabilitation, and private housin

The new housing measures package, approved in January 2026, is one of the most sensitive issues for the Portuguese real estate market. The reduction of VAT on construction for properties intended for long-term rental stands out as the most publicized point, lowering the rate from 23% to 6% in projects that place houses on the stable rental market. For the sector, this tax change is a clear sign that the Government recognizes the urgency in reinforcing the rental supply and wa

The European real estate market enters a new cycle in 2026, marked by greater maturity, selectivity, and a focus on sustainability. After a decade characterized by accelerated price growth, abundant liquidity, and strong demand pressure, the sector now faces a different context, shaped by higher interest rates, greater regulation, and structural changes in society. In Europe, a clear normalization of residential markets is observed. Price growth has slowed in most countries a

After several years of strong pressure on the rental market, the most recent data indicate that rental growth in Portugal began to slow down at the end of 2025. According to data released by the specialized press, the annual variation in rents was around 3%–4%, a significantly lower value than observed in previous periods, when growth frequently exceeded 7% or 8% per year. This slowdown in rents in Portugal raises a central question: is this merely a cyclical adjustment or th

The real estate and construction sector has once again assumed a central role in the Portuguese economy in 2025 — not only in terms of prices and transaction volume, but also as an engine of entrepreneurship. Registrations of new companies show a remarkable growth in the number of new companies linked to real estate and construction up to November, placing these sectors among the main generators of new business initiatives in the country. Why is this relevant? Firstly, it rev