Thursday, September 23, 2021

Housing Prices Up 6.6% in the Second Quarter of the Year

The Housing Price Index rose by 6.6% year-on-year, 1.4 percentage points more than during the previous quarter.

Thor Spain Enters Portugal, Building Three Retirement Homes for More Than 30 Million Euros

Setúbal, Guimarães and Algarve were chosen as the locations for Thor Spain’s next retirement homes.

 Fercopor Launching Nine Projects in €190-Million Investment

The luxury real estate company will launch the nine projects by the end of 2022.

Uber Investing €90m in Lisbon

The company has chosen the Portuguese capital to install a new hub and operations centre that will be "Uber's main source of product and technology development in the Southern European region".

Mortgage Interest Rate Dropped to 0.792% in August

The average outstanding debt and monthly instalments stood at 57,115 euros and 236 euros.

DK and Bain Offer Up to €900m for ECS Portfolio

Davidson Kempner Partners and the Bain/Cerberus consortium have already submitted binding proposals to acquire a package of 30 assets from ECS.

Mexto to Invest Another €20 Million in Portugal by Year-End

The Swiss real estate developer intends to strengthen its presence in Portugal by focusing on the second-home sector on the coast south of the capital.

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