Market

B&B Hotels Starts Building Hotel in Viana Do Castelo in a €5.240 Million Investment

The French group has started construction of a new, 116-room hotel.

JLL Sells Building on Rua de Santa Catarina for Over 5 Million Euros

The asset is leased to Courir and is home to the brand’s first shop in Portugal.

Implicit Interest Rate on Mortgage Loans Falls to 0.820% In May

According to data from the National Statistics Institute- INE, the implicit interest rate on all mortgage contracts stood at 0.820% in May (0.826% in the previous month).

Home Sale Prices Rise by 2.5% in May

Confidencial Imobiliário’s Residential Price Index, which has just published its results for May, reports that the average sales price of houses in mainland Portugal increased by 2.5% month-on-month.