Wednesday, May 18, 2022

Edición: statistical data

New Construction and Rehabilitation Permits Up by 12.2% in 3Q2020

7 December 2020 – The issuance of licences for the construction and rehabilitation of residential buildings, by Municipal Councils, increased by 12.2% in the third quarter of this year, compared to the previous quarter. However, the figure fell year-on-year. The increase in new construction and residential building redevelopment licences was due to a growth of […]

New Residential Mortgage Issuance Soared in October

7 December 2020 – According to data published by the Bank of Portugal, after an increase in September, the issuance of new mortgage loans accelerated again in October, while interest rates on such loans once again fell to a record low. The total volume of loans issued reached more than 9 billion euros in the […]

Lisbon City Council Stands to Receive Almost €10 Million from IMI Penalties on 7,500 Unoccupied Properties

1 December 2020 – According to a study by the Lisbon City Hall, a total of 7,501 vacant properties exist in Lisbon, an increase of 131% compared to the figure last year (3,246). Only 9.7% of these 7,501 vacant properties are in a “good” or “excellent” state of conservation. The bulk (61.6%), are considered to […]

Residential Bank Valuations Rise to Historic High Again in October Even as Banks Maintain Conservative Stance

1 December 2020 – Data published by Portugal’s National Institute of Statistics (INE) have demonstrated that average residential bank valuations conducted over the past year have been lower than the eventual sales price, particularly when located in more expensive areas. Nevertheless, those valuations reached 1,131 euros per square metre in October, a new high. The […]