Rental Contracts Increase by 19.4% in the Last Quarter of 2020
The number of new rental contracts increased by 19.4% quarter-on-quarter, while rental prices also rose, albeit at a slower pace.
Discovery Fund on Sale for 400 Million Euros
Portugal’s banks have put their stakes in the Discovery Portugal Real Estate Fund tourism fund, valued at over US$400 million, up for sale.
Mortgage Issuance Fell by 0.9% in January
The volume of new residential mortgages issued reached 968 million euros in January.
Forty-Two New Hotels Under Construction in Portugal
Despite the pandemic, 42 new hotels, with a total of 7,079 rooms, are currently under construction in Portugal.