Mortgage

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Madeira's Challenge of Rising Rent vs. Costly Mortgages

Madeira's Challenge of Rising Rent vs. Costly Mortgages

€66,632 anyone? With stable, well-paid employment, that's your ticket to financing a two-bedroom house in Funchal. Otherwise, renting is your option and it will end up costing you more in the long run.

Portugal's Real Estate Prices Skyrocket 80% in 5 Years, Leading EU Market

Portugal's Real Estate Prices Skyrocket 80% in 5 Years, Leading EU Market

Considering the time between 2019 and 2024 and according to Global Property Guide, Nowhere else in Europe have property prices risen as much as in Portugal.

House Sales In Portugal Hit Seven-Year Low

House Sales In Portugal Hit Seven-Year Low

Portugal's housing market faces slump in sales, but prices remain high due to supply shortage.

Madeira's Real Estate Prices 71% Higher Than Buyer Demand

Madeira's Real Estate Prices 71% Higher Than Buyer Demand

Real estate market imbalance in Madeira mirrors national trend, with asking prices far exceeding buyer demand.

Portugal's Consumer Credit Surges To Record High In Early 2024

Portugal's Consumer Credit Surges To Record High In Early 2024

Portuguese citizens are showing a significant willingness to take on debt, which is expected to positively impact the economy.

Out Of Control: Housing Effort Rate In Funchal

Out Of Control: Housing Effort Rate In Funchal

The housing crisis in Funchal has surpassed critical thresholds: it stands as the most severe in Portugal.

Housing Rental Prices Rise From 2000 to 2100 Euros in Only One Month

Housing Rental Prices Rise From 2000 to 2100 Euros in Only One Month

Like in most places around Europe, housing prices spiral out of control. Most recent numbers show that the dangerous trend continues.

Madeira Property Rental Prices Skyrocket by 41%

Madeira Property Rental Prices Skyrocket by 41%

A recent study reveals rental prices surging to unprecedented levels, while sale prices experience modest increases.

REEQUILIBRAR Program Lowers Entry on Interest Rate Burden by 5%

REEQUILIBRAR Program Lowers Entry on Interest Rate Burden by 5%

The government assists more citizens dealing with sky-high interest rates, ensuring they can afford their mortgage payments and avoid financial difficulties.