The state-backed mortgage guarantee scheme has been in operation for two years, resulting in over 40,000 signed contracts worth a total of 8 billion euros.
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The Belgian group Thomas & Piron is developing three residential projects in Portugal totaling 432 million euros. The largest, 'Clarissas' in Sacavém, is valued at over 300 million euros with completion expected in 2035; the 'Gaia Hills' project in Vila Nova de Gaia is underway, and 'Docks Matosinhos' is nearing completion with all units sold.
Civil engineer João Cunha advises homebuyers to look beyond superficial appearances during property viewings. Recommendations include checking for dampness, testing plumbing and electrical fixtures, and visiting the property under different conditions, such as at night or during rainfall to identify potential issues.
Tenants' unions have been established in Lisbon and Porto to represent renters struggling with the housing crisis, following models already in place elsewhere in Europe.