News

The interest of foreigners in real estate in Portugal has led to sharp rises in prices. Central bank sees signs still "limited" of overvaluation, but alert for risks of possible correction.

Know what will change.

The Bank of Portugal activated the plan to prevent excess credit. Measures will only apply to new loans.

The amendments are not very substantial and the real estate mediation sector will not be one of the areas most impacted by the implementation of the RGPD - if the 1998 law is already fulfilled.

The housing market is in the pipeline and BOP is worried about the pace of lending. The institution has issued a warning to banks to prevent them from being exposed to a future crisis.

In the third quarter of 2017, house prices increased by 10.4% year-on-year, with 38 783 households being traded - 23% more than in the same period of last year.