Photo: Adobe Stock Author: Redaction Bank valuations rise 14.7% in August Bank valuations of homes increased by 14.7% year-on-year in August, reaching €2,254 per square metre, according to INE. Despite reaching a new record, growth slowed from the 15.2% recorded in July. Compared with the previous month, the median value increased by €14. Setúbal Peninsula recorded the strongest monthly increase, at 1.6%, while the Algarve was the only region to register a decline, of 1.2%. See the evolution of house prices on SUPERCASA here . Flats record stronger increase By property type, flats recorded the strongest increase in bank valuations. The average value rose by 17% compared with August 2025, reaching €2,655 per square metre. For houses, year-on-year growth was 12.6%, bringing the value to €1,610 per square metre. Flats also recorded stronger monthly growth, increasing by 1.1%, compared with 0.2% for houses. Greater Lisbon maintains highest values The difference between property types is also reflected in bank valuation values. Greater Lisbon recorded the highest figures, at €3,487 per square metre for flats and €2,918 for houses. Across the regions, Greater Lisbon, the Algarve and Setúbal Peninsula recorded values above the national median. Alto Alentejo registered the lowest value, 54.1% below the countrys median. Number of valuations rises year-on-year Around 32,650 bank valuations were carried out in August, 3.1% more than in the same month of 2025. Compared with July, however, the number of valuations fell by 4.1%. INE data refers exclusively to valuations carried out as part of applications for mortgages to purchase a home. Bank valuations therefore do not directly correspond to the prices actually paid in transactions, as they only cover properties subject to bank financing.
Source: Adobe Stock Author: Redaction Bank valuation of the square metre on the rise The value of the square metre in housing bank valuations reached a new high in May, reflecting a strong acceleration in the value of the square metre in Portugal. According to INE, the value of the square metre stood at €2,208, representing a year-on-year increase of 17.1%. This rise confirms the upward trend in the value of the square metre in Portugal in mortgage lending, with new historical highs. Apartments drive square metre value higher In apartments, the value of the square metre in Portugal rose to €2,580, with significant growth compared to the previous year. Greater Lisbon and the Algarve continue to record the highest square metre values, while other regions show lower levels. The evolution of the value of the square metre in Portugal was widespread across all regions, with no negative exceptions. More in-demand property types also recorded increases in the value of the square metre in Portugal. Houses and regional disparities In houses, the value of the square metre in Portugal reached €1,581, with a steady year-on-year increase. Greater Lisbon and the Algarve once again lead the value of the square metre in Portugal, while the Centre and Alentejo maintain the lowest levels. Regional variations confirm growing pressure on the value of the square metre in Portugal, with significant differences across the country. Bank valuations and market trend The number of bank valuations rose slightly, reflecting greater dynamism in mortgage lending. The increase in the value of the square metre in Portugal reinforces the upward trend in the real estate market, driven by demand and limited supply. The sustained rise in the value of the square metre in Portugal confirms the continuation of the growth cycle in the housing sector.
Source: Adobe Stock Author: Redaction Sale of property without heirs’ agreement The Government presented a bill to the Assembly of the Republic aimed at facilitating the sale of properties in undivided inheritances, allowing any heir to proceed with the sale of the home when there is no consensus. The measure also applies to widows under community property regimes and executors, and allows the forced sale of properties two years after the opening of the inheritance. If an inheritance inventory process is underway, this deadline is no longer required, speeding up the resolution of undivided inheritances. Rules and exceptions in inheritance sales The proposal establishes the creation of an executor with expanded powers in managing the inheritance, including administration and distribution duties, taking on a role similar to the head of the estate. The aim is to streamline the management of undivided inheritances and reduce deadlock among heirs. Other entities may intervene without forcing the sale, such as the Public Prosecutor’s Office and creditors. However, there are exceptions: it is not possible to proceed with the sale of properties in undivided inheritances when they are the family’s permanent home, seized assets, or insolvency cases. Sales process and property valuation The process for selling properties in undivided inheritances will be divided into two stages. First, the property is valued to establish a reference price. Then, the sale proceeds if there is no agreement among heirs. If there is no consensus on the price, the court sets the value based on independent assessments and the property may be sold through electronic auction. The proposal also includes the right of redemption, allowing one heir to keep the property by paying the sale price, keeping it within the family.
Source: Adobe Stock Author: Redaction Property valuation is an essential process to determine the fair market value of a property. Whether buying, selling, financing, or insuring a property, knowing its true value prevents losses and ensures transparent transactions. Industry professionals use technical criteria to analyse location, condition, size, age, and specific features of the property, creating an objective basis for strategic decisions. Why is property valuation so important? 1. Buying and selling: A price that is too high deters buyers, while a value below market level results in a loss for the seller. Professional valuation ensures the property is correctly positioned in the market. 2. Financing: Financial institutions base loan amounts on the property’s value. Accurate valuation is critical to approving financing and setting favourable conditions for the client. 3. Inheritance and asset division: In cases of inheritance, valuation determines each heir’s share, preventing future disputes. 4. Insurance: The property’s value directly influences the home insurance premium, adequately covering potential damage. 5. Taxes: It determines taxes such as IMT and IMI, ensuring fiscal compliance and avoiding surprises. Key factors in property valuation Location: Proximity to transport, shops, schools, and services increases property value. Physical condition: Age, state of maintenance, need for renovations, and structural issues affect the price. Size and features: Number of rooms, built area, and plot size are determining factors in valuation. Comparison with similar properties: Analysing similar properties in the area helps set a competitive price. Professional consultancy: Valuers and specialised agents use tools and methodologies that guarantee accurate valuation. Infocasa and property valuation Infocasa plays a strategic role in property valuation in Portugal. With updated data on average sale and rental prices, average selling times, and local trends, it supports both owners and property consultants or agencies. Through Infocasa , detailed reports can be created, similar properties compared, and decisions objectively justified, turning subjective perceptions into evidence-based arguments. Market analysis as a competitive advantage Negotiating properties goes far beyond discussing prices. It requires reducing uncertainty and building trust between parties. Comparative Market Analysis (CMA) is an essential tool: it compares properties with similar features in the same area, providing the consultant and client with concrete data on prices and average selling times. This allows competitive positioning, strengthens the consultant’s credibility, and increases negotiating power. Trends and external factors The property market is influenced by macroeconomic factors, changes in interest rates, new urban projects, and shifts in demand. Infocasa enables these variables to be integrated into reports, providing a comprehensive market view and supporting strategic decisions based on real data. Operational efficiency and communication With Infocasa integrated into eGO Real Estate , consultants transform data into concrete actions: finding properties aligned with client preferences, receiving alerts for opportunities, and importing properties directly into the CRM, avoiding duplication. Clear and visual reports reinforce confidence, conveying professionalism and transparency in negotiation. Conclusion: trust and fair value Property valuation is the foundation for ensuring fair prices, security, and successful transactions. By relying on detailed analyses and tools such as Infocasa , owners and consultants can act with reliable information, reduce risks, and increase process efficiency. In a competitive market, mastering information means mastering negotiation, ensuring every transaction is balanced, ethical, and advantageous for all parties involved.
Source: Adobe Stock Author: Redaction Design redefining the concept of luxury in Portugal Portugal’s luxury real estate market is experiencing a phase of maturity and sophistication. Beyond location or size, true luxury now lies in how design transforms a space into something unique, functional and emotionally engaging. The value of a luxury property depends not only on its dimensions or materials but on the harmony and sensory experience it delivers. This shift is evident in Portugal’s most prestigious areas, where Lisbon, Cascais, Porto and the Algarve stand out as centres of contemporary design and architectural excellence. Design has become the new language of luxury. Each project is conceived to create a complete experience, where light, flow and coherence merge with comfort and sustainability. This approach reflects an evolution in the concept of living: luxury is no longer about displaying wealth but about expressing style, discretion and authenticity. The growing demand for luxury homes on the Supercasa portal illustrates this trend, with more projects valuing signature design, natural materials and integration with their surroundings. Light, emotion and authenticity as pillars of modern luxury Natural light is one of the most valued features in new luxury homes. Properties that maximise solar exposure and landscape views create spaces that balance privacy and openness, transforming daily life into experience. Modern luxury lives through emotion, the touch of a material, the texture of a wall, the soft sound of nature entering through wide windows. Contemporary luxury architecture seeks precisely this harmony between aesthetics and well-being. On Supercasa , one can observe how the market reflects this evolution. Many properties showcase solutions that emphasise continuity between interior and exterior, the use of local materials and respect for the surrounding landscape. Authenticity has become one of the defining traits of Portuguese luxury. Buyers now seek homes with unique character and meaningful design, where every detail has purpose and contributes to a balanced, comfortable atmosphere. The value of design in luxury housing Design is now the most influential driver of value in the premium segment. A carefully designed home can increase its worth significantly, not only through aesthetic appeal but through functionality and durability. Visual coherence and attention to detail inspire trust and elevate the home’s status. This type of investment reflects a market that understands luxury as an art form applied to everyday life. Luxury also lies in the meticulous choice of materials. Solid wood, natural stone and handcrafted finishes add character and distinction. These elements age gracefully, conveying the sense that the home evolves over time. On the Supercasa portal, the selection of luxury properties reflects this philosophy, apartments and villas that blend tradition with modernity, technology with nature, exclusivity with comfort. Each residence is more than a product; it is a carefully crafted experience. Sustainability and technology as new forms of luxury Twenty-first-century luxury is closely linked to sustainability. Energy efficiency, eco-friendly materials and discreet technological integration define modern comfort. True luxury is quiet and invisible yet felt in every detail, in stable temperature, intelligent lighting, efficient energy use and harmony with the environment. This trend is growing, with more developments adopting systems that combine elegance, comfort and environmental responsibility. In Portugal, this ecological awareness is becoming a defining demand in the luxury sector. Families and investors are looking for homes that offer quality of life while minimising environmental impact. On Supercasa , numerous projects follow this vision, merging technology and nature to create smarter, healthier and longer-lasting homes. Luxury and the future: exclusivity as identity Luxury today is not merely a matter of price but of authenticity and experience. Personalised spaces, the fusion of art and architecture, and attention to human emotion now define the segment. Each luxury home is a unique creation, designed to reflect the lifestyle of its inhabitants. Aesthetics are no longer decoration, they are the essence of the home itself. Portugal is establishing itself as a leading international destination for luxury real estate. The climate, safety, cuisine and architectural quality attract discerning buyers from around the world. The Supercasa portal stands as the ideal space to explore these opportunities, offering a curated selection of luxury properties that embody the best of contemporary design and Portuguese elegance. The future of luxury in Portugal will be increasingly human, sustainable and emotional. Design will remain its driving force, transforming spaces into experiences and homes into liveable works of art. In this new paradigm, luxury is the perfect balance between aesthetics, comfort and consciousness, and Supercasa is the meeting point where this new way of living unfolds.
Source: Adobe Stock Author: Redaction A growing and increasingly digital sector After understanding the role and importance of a credit intermediary, the next step is to learn how to enter this profession and the requirements that ensure the legal practice of the activity. The Credit Intermediation sector has been growing steadily in Portugal, driven by the demand for faster, more transparent, and customer-tailored financial solutions. Being a credit intermediary means taking on a demanding and regulated role that combines technical precision, ethical responsibility, and communication skills. It is also an evolving profession that keeps pace with the digital transformation of the financial sector. Legal framework and registration with the Bank of Portugal Credit Intermediation is a regulated activity supervised by the Bank of Portugal, under Decree-Law No. 81-C/2017 of 7 July. Any individual or company wishing to engage in this activity must obtain authorisation and registration from this entity. Registration ensures that the professional meets the criteria of integrity, financial capacity, and technical qualification, allowing them to operate legally and transparently. Only duly registered intermediaries may use this designation and enter into intermediation contracts with financial institutions. Essential requirements for practising the profession To carry out Credit Intermediation, it is mandatory to meet the following requirements: • Professional integrity, demonstrating good reputation and ethical conduct. • Civil liability insurance, protecting both professional and client in the event of an error or omission. • Minimum financial capacity, proving the intermediary’s economic stability. • Compliance with anti-money laundering and counter-terrorism financing regulations. • Specific certified training recognised by the Bank of Portugal. These elements ensure that the intermediary operates professionally and in the best interests of consumers. Mandatory training and certification Training in Credit Intermediation is a legal requirement and the foundation of professional qualification. Its purpose is to ensure that the intermediary understands the legal framework, masters financial concepts, and provides informed, responsible advice. The training covers: • Applicable legislation and disclosure obligations. • Credit types and risk analysis. • Evaluation of clients’ financial capacity. • Professional ethics and best conduct practices. • Procedures for follow-up and relationships with credit institutions. Training is provided by certified entities and is an essential requirement for registration with the Bank of Portugal. It is also advisable for professionals to invest in continuous training to keep up with technological and regulatory changes in the sector. The role of technology in modern Credit Intermediation Digitalisation has profoundly changed how intermediaries manage their processes and interact with clients. Technology now enables task automation, error reduction, and faster, more efficient service. In this context, the eGO CRM for Credit Intermediation stands out as a solution designed to support professionals and companies in integrated management. The system optimises the entire Credit Intermediation cycle, from lead generation to credit approval, focusing on efficiency, security, and legal compliance. The eGO CRM for Credit Intermediation allows professionals to: • Automate communications and administrative tasks. • Centralise information and documents in one digital platform. • Track the complete intermediation process, from initial simulation to contract signing. • Apply intelligent client management tools. • Ensure compliance with legal and regulatory requirements. This solution allows professionals to dedicate more time to client support and proposal analysis while the system handles technical operations automatically. How to start the activity step by step 1. Complete certified training in Credit Intermediation. 2. Obtain professional civil liability insurance. 3. Submit a registration request to the Bank of Portugal with the required documentation. 4. Comply with fiscal and legal obligations, defining the business model. 5. Implement digital tools such as eGO CRM for Credit Intermediation for effective client and process management. The combination of professional qualification and technology is now a key success factor in the sector. A promising professional future Credit Intermediation has become one of the most promising areas in the financial sector. Growing demand for financing solutions, coupled with the need for transparency and speed, creates opportunities for qualified, tech-savvy professionals. With digital tools like eGO CRM for Credit Intermediation , intermediaries can offer more efficient, secure, and competitive services. Automating administrative processes frees time for personalised client support, boosting satisfaction and business profitability. Conclusion Being a credit intermediary means more than promoting financial products. It is a position of trust built on ethics, knowledge, and transparency. To succeed, it is essential to meet legal requirements, invest in training, and adopt tools that enhance management and operational efficiency. eGO CRM for Credit Intermediation is the technological partner that enables professionals to operate with full control, security, and innovation. It represents the natural evolution of a profession that combines human expertise with digital intelligence, preparing the sector for a more dynamic and competitive future.
Source: Adobe Stock Author: Redaction Housing valuations in Portugal continue to record significant increases, confirming the upward trend in the real estate market. In July, the median value stood at €1,945 per square metre, representing a rise of 18.7% compared with the same month in 2024. Compared with June, there was also an additional increase, reinforcing the sector’s dynamism. Around 33,800 bank valuations were considered, 3.8% more than in the previous month. Growth was widespread across all regions of the country, with no declines recorded in any of them. Greater Lisbon and the Algarve Lead Housing Values Housing valuations showed significant regional differences, following the usual trend. Greater Lisbon recorded the highest value at €2,990 per square metre, followed by the Algarve at €2,642. In contrast, Alentejo had the lowest average at €1,419/m², although it was one of the regions with the highest monthly growth. Year-on-year, the Setúbal Peninsula stood out with an increase of 24.2%, reflecting strong demand that is driving up values in the capital’s peripheral areas. Housing Valuation in Apartments In the apartment segment, the housing valuation reached €2,254/m², a 24% increase compared with July 2024. Compared with June, the rise was 2.1%, with the Azores recording the highest monthly growth (3%). By typology, T1 apartments rose by €71 to €2,866/m², T2s increased to €2,317/m², and T3s to €1,942/m². These three types accounted for 92.8% of valuations carried out in the month, highlighting their dominant weight in the market. Housing Valuation in Houses Houses also recorded increases, with a median valuation of €1,414/m², 10.4% higher than in the same month of 2024. Lisbon (€2,707/m²) and the Algarve (€2,505/m²) again led the values, while Centro and Alentejo remained below the national average at €1,053/m² and €1,149/m² respectively. In the Azores, house valuations had the highest year-on-year growth, rising by 17.8%. Month-on-month, Alentejo stood out with an increase of 4.2%. Only Madeira recorded a slight decline of 0.2%. Among the most sought-after typologies, T2 houses rose by €41 to €1,392/m², T3s increased by €14 to €1,390/m², and T4s grew by €23 to €1,484/m². Together, these categories represented 88.6% of house bank valuations in the period. Regional Differences in Housing Valuation Looking at NUTS III regions, housing valuations showed clear disparities: Greater Lisbon was 52% above the national median; Algarve was 34.5% above; Setúbal Peninsula recorded 18.8% above the average; Madeira exceeded by 14.9%; Coastal Alentejo was 7.3% above. In contrast, regions such as Beiras and Serra da Estrela, Beira Baixa, and Terras de Trás-os-Montes were the furthest from the national average, with values around 50% below the median. Housing Valuation: Impact on the Real Estate Market The continued growth in housing valuation reflects the appreciation of real estate in Portugal, driven by factors such as foreign demand, limited supply in urban centres, and rising construction costs. For prospective buyers, this translates into higher prices and stricter bank lending criteria. For property owners, it represents asset appreciation, particularly in metropolitan and tourist areas. Housing valuations are consistently increasing nationwide, with Lisbon and the Algarve leading, but also significant rises in regions such as Setúbal and the Azores. Despite regional disparities, the trend is clear: the price per square metre in Portugal continues to rise, consolidating its position as one of the most dynamic real estate markets in Europe.
Source: Adobe Stock Author: Redaction How to Analyse a Bank Offer When Buying a House When deciding to buy a house, it’s essential to know how to analyse a bank offer to ensure the best financial decision possible. Many people feel lost with the terminology used by banks, but understanding each element of the offer helps to avoid surprises later on. We’ll explain, in simple terms, what a bank offer consists of, the importance of simulating a mortgage, and how credit intermediation can facilitate the entire process. What Is a Bank Offer for Buying a House? The bank offer is a formal document detailing the conditions a bank offers to grant a mortgage to someone looking to buy a house. It outlines amounts, interest rates, terms, and all other conditions associated with the loan. When receiving a bank offer, it should be carefully reviewed. This is where terms like APR (Annual Percentage Rate), Total Amount Payable, spread, fixed or variable rates, and other charges come into play. Steps to Analyse a Bank Offer Read the ESIS (European Standardised Information Sheet): This document clearly summarises all the conditions of the bank offer. Always compare the ESIS documents from different banks. Analyse the APR: The APR includes all credit charges, including interest, fees, insurance, and other costs. A lower APR usually indicates a more advantageous offer. Check the Total Amount Payable: This figure shows the total amount to be paid to the bank for the mortgage over the full contract period. Compare this amount between offers. Compare the spread: The spread is the bank’s profit margin added to the base rate (Euribor). A lower spread may mean a cheaper loan, but always evaluate it alongside the APR and total payable. Consider the loan term: Longer terms reduce the monthly instalment but increase the total interest paid over time. Watch out for associated products: Some banks offer better conditions if you purchase additional products such as credit cards or insurance. Make sure you actually need these products before accepting. Mortgage simulation: Before making decisions, simulate the mortgage with several institutions. Use online simulators from banks to understand the monthly instalment, total costs, and the effect of different rates. Evaluate early repayment conditions: Check whether you can repay the loan early and what penalties or benefits are associated. The Role of Credit Intermediation Credit intermediation is a service provided by independent professionals (credit intermediaries) who help analyse the bank offer and assist in negotiating with banks. These professionals can find the best offers for home buyers, explaining each detail of the bank proposal and clarifying doubts about mortgage simulations. Using credit intermediation can be an advantage, especially for those with little experience or time to analyse multiple bank offers. Credit intermediaries are regulated by the Bank of Portugal, meaning they must follow strict rules to protect you. Frequently Asked Questions 1) What should I analyse first in a bank offer? Prioritise reviewing the APR and the Total Amount Payable, as they represent the overall cost of the mortgage. Then review the spread and loan term. 2) Is it worth simulating the mortgage with several banks? Yes. Different banks can offer varying conditions. Running multiple simulations allows you to compare bank offers and choose the best one for buying a house. 3) What is the ESIS? The ESIS is the European Standardised Information Sheet, a mandatory and standardised document that outlines all the terms of a bank offer, making comparison easier. 4) Does credit intermediation have costs? In most cases, credit intermediation does not involve costs for the client, as it is the bank granting the mortgage that pays the intermediary. 5) Can I trust credit intermediaries? Yes, as long as they are registered with the Bank of Portugal. Always confirm their certification before accepting their services. 6) What documents are needed to request a bank offer? Generally, you’ll need ID documents, proof of income, tax returns, proof of employment, and property documentation. 7) Does a low spread guarantee a lower monthly payment? Not always. Other variables such as insurance or fees may offset a low spread. Always check the APR and total amount payable. 8) Should I accept all associated products suggested by the bank? Not necessarily. Only accept products you truly need and that don’t significantly increase the total cost of the mortgage.
Source: Adobe Stock Author: Redaction Bank property valuation is a crucial step for those intending to purchase a home with a mortgage in Portugal. This process determines the amount the bank is willing to consider as collateral, directly influencing the loan amount granted and the conditions of the mortgage. In 2025, bank valuation figures reached record highs, following the upward trend of the national property market. What is a bank property valuation? A bank property valuation is an assessment carried out by independent experts, hired by the financial institution, to determine the market value of a property. This value serves as the basis for mortgage approval, with banks typically financing up to a certain percentage of the lower value between the purchase price and the valuation. The aim is to protect the bank against depreciation risks and ensure the property is adequate collateral for the loan. Valuation trends in 2025 In May 2025, the median bank valuation of residential property in Portugal reached €1,886 per square metre, €20 more than the previous month, setting a new record. This rise reflects a year-on-year increase of 17.1%, highlighting the dynamism of the property market. Around 35,300 bank valuations were carried out, a slight decrease compared to the previous month, but a 7.5% increase compared to the same period last year. Regional and typology differences Property appreciation is not uniform across the country. Regions such as Greater Lisbon, the Algarve and the Setúbal Peninsula continue to show above-average valuation figures, with Greater Lisbon leading at €2,874/m² for flats. The Algarve recorded the highest monthly increase, while the Autonomous Region of Madeira was the only one to register a decline. On the other hand, areas such as Alto Tâmega e Barroso, Alto Alentejo and Beiras e Serra da Estrela continue to show figures significantly below the national median. In terms of property types, one-bedroom flats (T1) saw the highest monthly increase, reaching €2,756/m². Two-bedroom (T2) and three-bedroom (T3) flats also rose, to €2,203/m² and €1,888/m² respectively. Detached houses had a median value of €1,394/m², with the highest figures recorded in Greater Lisbon and the Algarve. Impact of bank valuation on mortgage credit The value determined in a bank property valuation has a direct impact on the conditions for obtaining mortgage credit. Banks use this figure to calculate the loan-to-value (LTV) ratio, which determines the percentage of the property’s price that can be financed. If the valuation is lower than the purchase price, the buyer will need to provide a higher deposit to cover the difference. On the other hand, higher valuations may facilitate access to credit and allow better financing conditions. The increase in bank valuation figures benefits existing homeowners by increasing the patrimonial value of properties, but it can make access to housing more difficult for new buyers, especially young people and families, due to higher deposit requirements and rising market prices. Market trends and outlook The latest data point to continued property appreciation in Portugal, driven by both domestic and foreign demand, as well as factors such as limited supply and foreign investment. Despite a slight decrease in the number of bank valuations compared to the previous month, market interest remains high, with strong demand from those seeking to buy a home or invest in real estate. Bank property valuation will continue to be a key instrument in the granting of mortgage credit, influencing not only access to financing but also price trends in the market. For those planning to buy a home, it is essential to monitor bank valuation trends and prepare for potentially higher deposit requirements, especially in regions where prices per square metre continue to rise. Bank property valuation is a decisive factor in the home buying process with a mortgage in Portugal. The rise in valuation figures in 2025 reflects market appreciation, with direct impacts on financing conditions and buyer profiles. Monitoring bank valuation trends is essential for those wishing to make informed decisions, whether to buy a home, invest, or renegotiate mortgage terms.
Source: Adobe Stock Author: Redaction Buying a house in Portugal is a process that involves several stages, each with its own timeframes, which may vary depending on the complexity of the transaction, the need for financing, and the efficiency of those involved. If you are considering purchasing a property, it is natural to wonder: how long does it take to buy a house? This article presents a detailed timeline, explaining each step and how long it takes to buy a house at each stage. 1) Define Budget and Requirements The first step in understanding how long it takes to buy a house is to assess your financial situation and define the available budget. You should consider savings for the initial deposit (usually 10% to 20% of the property value), additional costs such as taxes, fees, and deed expenses, and determine whether you will apply for a mortgage. At this stage, it is also important to list the desired features of the property, such as location, type, and condition. 2) Property Search and Selection Once the budget is set, the active property search begins. You can use property portals such as Supercasa, which guarantees safety with listings from trustworthy agencies. The duration of this stage varies and influences how long it takes to buy a house: it can take from a few weeks to several months to find the ideal home. 3) Viewings and Property Assessment (1 to 4 weeks) After identifying promising options, it is time to schedule viewings. Take the opportunity to assess the condition of the property, the neighbourhood, and clarify any doubts with the owners or estate agents. This phase can be quick or lengthy, depending on the availability of the properties and the buyer, directly affecting how long it takes to buy a house. 4) Negotiation and Offer (1 to 2 weeks) Once you find the right property, the next step is to negotiate with the seller. It is common to negotiate the price and terms of the sale. After reaching an agreement, a formal offer is submitted, which may be accepted, rejected, or met with a counter-offer. The process can take a few days to two weeks and is another factor to consider in how long it takes to buy a house. 5) Promissory Sale and Purchase Agreement (1 to 4 weeks) With the offer accepted, the Promissory Sale and Purchase Agreement (CPCV) is drafted and signed, formalising the commitment of both parties. At this point, a deposit is paid (usually 10% of the propertys value). The CPCV sets the deadline for the deed and may include conditions such as mortgage approval, which influences how long it takes to buy a house. 6) Mortgage Application and Approval (4 to 12 weeks) If applying for bank financing, the mortgage process should begin. It includes: Simulation and submission of documents to the bank Property valuation (1 to 2 weeks) Final analysis and approval (1 to 3 weeks) Contract draft and scheduling of the deed (1 to 2 weeks) In total, mortgage approval can take between 4 and 12 weeks, depending on the promptness of document submission, bank appraisal, and the complexity of the process. This is one of the biggest factors in how long it takes to buy a house. 7) Document Preparation and Due Diligence (1 to 3 weeks) During this period, the buyer and seller gather all necessary documentation: property certificates, usage licence, proof of tax payments, among others. It is essential to ensure there are no debts associated with the property and that all documents are in order to avoid delays and reduce how long it takes to buy a house. 8) Public Deed of Sale (2 to 12 weeks after CPCV) The deed is the final act that officially transfers ownership. It is carried out at a notary office or through the Casa Pronta service. The time between the CPCV and the deed depends on the parties’ availability, mortgage approval, and document collection, ranging from 2 weeks to 3 months, impacting how long it takes to buy a house. 9) Property Registration (up to 30 days) After the deed, the new owner must register the property at the Land Registry Office. This step is usually quick and can be done on the day of the deed or in the following days, with a legal maximum period of 30 days. !function(){use strict;window.addEventListener(message,(function(a){if(void 0!==a.data[datawrapper-height]){var e=document.querySelectorAll(iframe);for(var t in a.data[datawrapper-height])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[datawrapper-height][t]+px;r.style.height=d}}}))}(); In total, how long it takes to buy a house in Portugal can range from 2 to 6 months, with 3 to 4 months being the most common timeframe when everything runs smoothly. Factors such as the need for financing, the speed of document submission, and the complexity of the transaction can either accelerate or extend how long it takes to buy a house. If you are planning to buy a home, be prepared for a process with several stages, which can be simplified with proper organisation and professional guidance. That way, you will know exactly how long it takes to buy a house and can anticipate each step with confidence.
Source: Adobe Stock Author: Redaction The cost per square metre remains one of the key indicators for those following the property market in Portugal. In April 2025, the median bank valuation rose to €1,866 per square metre, according to the latest data from the National Statistics Institute (INE). This figure represents an increase of €19 compared to the previous month and shows a year-on-year growth of 16.9%, maintaining the upward trend seen in recent months. Dynamics of Bank Valuations in April During April, approximately 35,800 bank valuations were carried out, a slight decrease of 2.3% compared to March, but still a significant year-on-year increase of 12.2%. This development shows that despite a minor monthly drop, the demand for mortgage credit and the valuation activity remain robust, driven by ongoing interest in property investment. Regional Differences in Cost per Square Metre The regional analysis reveals considerable disparities in the cost per square metre. The Autonomous Region of Madeira stood out with the highest monthly increase (2.7%) and a year-on-year growth of 22%. Conversely, Alentejo was the only region to register a monthly decline (-0.7%), although it still remained above the previous year’s values. In the apartment segment, the median bank valuation reached €2,105 per square metre, a 19% increase compared to April 2024. Greater Lisbon leads with the highest cost per square metre (€2,801), followed by the Algarve (€2,480). Alentejo has the lowest value (€1,363), highlighting the differences between the various regions of the country. For houses, the cost per square metre stood at €1,385, a 1.2% increase from the previous month. Greater Lisbon and the Algarve continue to be the regions with the highest prices, while the Centre (€1,042) and Alentejo (€1,098) have the most affordable values. Madeira once again stood out for the highest year-on-year growth (17.5%). Factors Influencing the Cost per Square Metre The increase in cost per square metre results from several factors, including the imbalance between supply and demand, rising construction costs, and Portugal’s growing appeal to both domestic and international investors. The consistent appreciation in major urban and tourist areas such as Lisbon, Porto, Algarve, and Madeira reflects not only the economic dynamism of these regions but also the pressure on the housing market. Another important aspect is the role of bank valuations in the mortgage process. The value assigned by banks directly influences the amount of financing available to buyers, affecting purchasing decisions and access to housing. The rise in the median valuation can therefore lead to greater difficulties for those looking to buy a home, particularly in areas where the cost per square metre is growing the fastest. Outlook for the Property Market With the cost per square metre reaching new highs, the Portuguese property market remains on a trajectory of appreciation, despite monthly fluctuations in bank valuations. The year-on-year increase in the number of valuations indicates that demand for housing remains strong, driven by factors such as economic stability, tourism, and interest from foreign investors. However, regional disparities and rising prices present challenges, particularly in terms of housing access for Portuguese families. Monitoring the cost per square metre will therefore be essential to understanding market developments and anticipating possible adjustments, whether in housing policy or credit regulation. The cost per square metre in Portugal reached a new record in April 2025, reflecting both the dynamism and the challenges of the national property market. Tracking this trend is vital for anyone looking to buy, sell, or invest in real estate, as the cost per square metre remains a key indicator for all decisions related to the sector.
Source: Adobe Stock Author: Redaction In 2024, house prices in Portugal experienced a significant increase, positioning the country among the top three with the highest rises in the European Union (EU). According to Eurostat data, house prices in Portugal increased by 11.6% in the fourth quarter of 2024, compared to the same period in 2023. This growth places Portugal in third position for the largest price hikes, behind Bulgaria (18.3%) and Hungary (13%). The average increase across the EU was 4.9%, while the euro area saw a slightly lower average of 4.2%. This substantial increase in house prices is not new for the Portuguese, as the country has been experiencing consistent price hikes since 2010, with a total increase of 120% in property prices over the last 14 years. The steep price rise has been affecting housing affordability, which remains a challenge for many citizens. For instance, a house that cost €200,000 in 2010 is now priced at €440,000 in 2024. The latest Eurostat data shows that, among the 26 EU countries for which data is available, Portugal is one of the countries with the largest increases in housing prices. Compared to the third quarter of 2024, the fourth quarter saw Portugal record the third-largest quarter-on-quarter rise, with an increase of 3%. Only Slovakia (3.9%) and Slovenia (3.1%) had larger increases. Despite Portugal being at the top of the list for the largest price hikes, other countries have also seen significant increases. Besides Bulgaria, Hungary, and Portugal, countries such as Croatia (10.1%), Poland (10.4%), the Netherlands (10.8%), and Spain (11.4%) also reported price hikes above 10%. !function(){use strict;window.addEventListener(message,(function(a){if(void 0!==a.data[datawrapper-height]){var e=document.querySelectorAll(iframe);for(var t in a.data[datawrapper-height])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[datawrapper-height][t]+px;r.style.height=d}}}))}(); In contrast, France and Finland were the only countries in the EU to register a decrease in house prices, with a 1.9% drop, reflecting a different trend than that seen in many other European countries. Although rising house prices continue to be a concern, especially in areas like Lisbon and Porto, the rental market has been more moderate, with a 3.2% increase in the EU average in the fourth quarter of 2024, reflecting a consistent trend compared to the previous quarter. However, Eurostat points to sharp rises in rents in some countries, such as Estonia (212%), Lithuania (175%), and Hungary (114%). Long-Term Impact The significant increase in house prices in Portugal has profound implications for both property buyers and renters. The price growth reflects high demand for housing, particularly in urban areas, driven by factors such as limited housing supply, credit incentives, and rising urban populations. Demand for properties in Portugal has been a reflection of economic recovery, attracting both domestic and international investments, making housing more expensive. This phenomenon is not unique to Portugal, but it is particularly pronounced due to a number of factors, including the lack of new property construction and a shortage of land for development in urban areas. This situation leads to significant price increases, especially in sought-after areas like Lisbon, Porto, and the Algarve. Measures and Potential Solutions To address this situation, the European Union has set up a special commission to tackle housing issues. The commission aims to propose solutions to improve the availability of decent, sustainable, and affordable housing across the EU. Its tasks include analyzing housing needs in different regions and population groups, with a particular focus on creating a European affordable housing plan. In Portugal, measures such as regulating the real estate market and increasing housing supply through new projects and investments in more peripheral areas are also being discussed. The government has moved forward with several initiatives to encourage construction and promote housing accessibility for middle- and low-income families. Despite the challenges, Portugal’s real estate market also presents opportunities for investors, particularly in expanding and regenerating areas. The attractiveness of the Portuguese market, especially in peripheral regions, continues to grow as house prices rise and demand remains robust. At the same time, the increase in prices reflects a market dynamic that, if well-managed, could benefit the national economy. The Future of Housing in Portugal The trend of rising house prices may continue in the short to medium term, raising questions about the sustainability of this model. Public policies focused on creating more affordable housing and developing adequate infrastructure to support the growth of cities will need to be implemented to balance the market. The situation with house prices in Portugal reflects a combination of factors that go beyond the local economy, including global investment trends and movements in the European real estate market. Its evolution in the coming years will be crucial for the accessibility and stability of the market, directly impacting the well-being of those living in and investing in Portugal.
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