Housing

Caixa Geral de Depósitos receives 95 million euro boost in public guarantee for home loans

The state-owned bank Caixa Geral de Depósitos (CGD) has received an additional 95 million euros for its public guarantee quota for first-time home buyer mortgages, bringing its total allocated amount to 602.2 million euros. This increase aims to continue supporting young people purchasing their first home, following high demand for the scheme.

Why it matters

If you are a young person looking for a first-home mortgage, the state-backed guarantee scheme provided through CGD has more funding available, which may keep the option accessible for applicants as the bank continues to manage the program's high demand.

Correio da Manhã· 1w agoRead original ↗

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Housing

Lisbon City Council reaches agreement to keep Alta de Lisboa housing land under municipal control

The Lisbon City Council approved an agreement with the Sociedade Gestora da Alta de Lisboa (SGAL) on Wednesday, 28 October 2026, securing over 71,500 square meters of building capacity for municipal housing projects. The settlement resolves a decades-long contractual dispute and avoids a complex arbitration process, following the rejection of a contract extension in March 2025. Under the terms, the municipality retains strategic plots including Lote 5.8 and Malha 24, valued at 46 million euros, while SGAL remains responsible for urban infrastructure works estimated at 15.8 million euros.

CNN Portugal· 53m agoRead original ↗

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Housing

Kristin: nine months later, Luciano and Isabel's house has no roof and is covered in plastic. It is not the only one

Nine months after Storm Kristin, many affected residents remain without proper roof repairs because the state support grant of up to 10,000 euros has proven insufficient to cover construction costs. With winter approaching, these households are still living in damaged properties covered in plastic sheeting.

Público· 2h agoRead original ↗

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Housing

Portugal has 800,000 declared landlords

A new report from the Fundação Francisco Manuel dos Santos, based on 2024 tax data, identifies approximately 800,000 taxpayers who declared property income under Category F of the IRS system. This figure includes income from residential, commercial, and rural properties, and does not represent the total number of residential rental units. The study also notes that nearly 45% of Portugal's 6.2 million tax households had no personal income tax liability in 2024.

The Portugal News· 3h agoRead original ↗

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