Saturday, August 13, 2022

Edición: statistical data

Construction Costs Rose by 6.8% in December

According to the National Statistics Institute’s Construction Cost Index for New Housing (HNCI), released today, estimates are that new housing construction costs increased by 6.8% year-on-year in Portugal in December, down 1.5 percentage points from the previous month. The price of materials and the cost of labour rose by 8.0% and 5.1% year-on-year, respectively. The […]

Investment in Golden Visas in Madeira Reaches €60 Million

The investments were mainly in the real estate sector. Between 2017 and 2021, the investment captured through the golden visa programme in Madeira totalled 60 million euros from 50 residence permits, according to an article in the Eco newspaper, based on information published by the regional government. The regional secretary of the Economy, Rui Barreto, […]

Housing Prices Increased by More Than 10% in Half of the District Capitals in 2021

The figures stem from Confidencial Imobiliário’s latest Residential Price Index. The data demonstrates that the second year of the pandemic brought an intensification in the increase of the sale prices of houses in most of the district capital cities in Portugal. In 2021, half of the district capitals on mainland Portugal saw year-on-year increases of […]

Montepio Prepares Sale of Bad Debt and Real Estate Portfolio

Banco Montepio and Nomura are already preparing the sale of a non-performing loan (NPL) and real estate portfolio. The portfolio is worth a combined 1.4 billion euros, although only €500 million is expected to leave the bank initially, the Portuguese daily newspaper Jornal Económico reported. According to the article, the market’s major players were not […]