Market

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.