Young people's access to state-guaranteed housing credit has faced significant challenges, with the main obstacle being the high level of effort required to benefit from this support.
European banks are expected to continue benefiting from low and stable credit risk costs in 2025, according to DBRS.
Despite some government initiatives and expectations of an increase in construction, experts warn that by 2025 housing accessibility in Portugal will continue to be a structural problem, marked by high prices and growing inequalities.
The implicit interest rate on home loans fell by 9.1 basis points in November, settling at 4.186%, down from 4.524% in November 2023.
Housing prices increased by 9.8% in the third quarter of 2024, according to the INE, up 2.0 percentage points from the previous quarter.
In 2025, the early redemption of Retirement Savings Plans (PPR) to pay home loans will once again involve penalties, as the suspension of penalties was not extended.
Specialists warn that the housing crisis in Portugal could worsen in 2025, with high prices and still insufficient supply to meet demand.
Repaying a home loan will remain exempt from early repayment fees in 2025 in contracts with a variable rate indexed to an Euribor rate, for any term.
To start the year with a tidy wallet requires planning, organization, and a careful analysis of your personal finances. Learn how to do it in your credit and insurance products.
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.