Total value of new housing credit contracts reached €1.676 billion in October, the highest amount since 2014, with almost half of the credit attributed to individuals under 35 years old.
The new measure of support for young people will make it easier to purchase property with credit for those who do not have savings for a down payment, but will increase the monthly payments and, consequently, the burden rate of borrowers.
If you want to buy a house in Portugal, get to know all the advantages of doing so through the tax regime for Non-Habitual Residents (NHR), which will soon be revoked.
The implicit interest rate on housing credit continued to fall in October, marking the 9th consecutive month of decline, reaching 4.277%.
Braga, Madeira, Azores, Porto, and Lisbon were some of the Portuguese destinations that shined in the World Travel Awards.
Renovating your home can be an important step to increase the comfort and value of your property. With housing credit for renovations, you have the opportunity to transform your property in a smart and financially advantageous way.
Avoiding the following mistakes when hiring your credit is crucial to ensure that it is a useful tool, and not a financial burden. Planning, comparing, and understanding the conditions are fundamental steps for responsible and calm management of your budget.
Average interest rate of new housing credit operations decreased for the 11th consecutive month.
The public guarantee for home purchase aimed at young people will not be able to cover a couple of two young people, if one is over 35 years old.
The age group of young people up to 35 years old has been the one that buys the most houses, justified by the new tax exemption measures associated with the process.
If you are looking for a new country to welcome you for a fresh start in life, find out why Portugal can be the perfect choice.
In September, the implicit interest rate on housing loans fell for the 8th consecutive time, reaching 4.362%. Although still higher than the same period last year, according to the National Institute of Statistics (INE).
Hiring a personal loan along with a mortgage is a possibility, but it requires caution and financial responsibility.
Check the implications of a divorce or termination of a de facto union on a housing credit.
The government has in force some support measures for young people buying a house. Understand all the measures in question.