Categorieën Financiering

Mortgage Payments Decrease in December

Homeowners in Portugal will see some financial relief in December, with reductions of up to €130 for an average mortgage of €150,000 over a 30-year term. Monthly payments on contracts due for review next month will drop significantly, driven primarily by declines in Euribor rates, which serve as the benchmark for most home loans in … Lees meer

Categorieën Financiering

State Budget for 2025 Approved in General Terms with PSA Abstention

The proposed State Budget (SB) law for 2025 was approved in general terms with votes in favor from the two parties supporting the Government, PSD (social democrats) and CDS-PP (people’s party), and abstention by the PS (socialist party). After two days of debate, the Assembly of the Republic approved the SB proposal with favorable votes … Lees meer

Categorieën Algarve

Lagos Lives the Magic of Christmas with Exciting News

The municipality of Lagos once again embraces the holiday season with a diverse program for the entire family. From November 30 to January 6, Praça do Infante will return as the central hub of the festive season, hosting dozens of activities throughout the municipality. From performances, roaming and musical entertainment, storytelling sessions, Christmas craft workshops, … Lees meer

Categorieën Eigendom

Change in Land Law to Allow Housing Construction on Rustic Land

On November 28, the Government approved a decree at the Council of Ministers that relaxes the Land Law, enabling municipalities to release land, including rustic plots, for the construction of public or low-income housing. The decree aims to simplify and make land-use legislation more flexible, allowing municipal councils to unlock plots for residential construction. This … Lees meer

Categorieën Algarve

Living in the Western Algarve!

The Western Algarve continues to be an attractive option for those looking for a quieter, nature-orientated lifestyle in a beautiful and genuine setting. The Algarve is indescribably beautiful and all of its regions are gorgeous!..but the Western Algarve, and in particular the Western Algarve Coast, is considered the most favoured in the south of Portugal. … Lees meer

Categorieën Financiering

IRS 2025 – Wages, Pensions and Taxes

The changes to the IRS for 2025 promise an increase in disposable income for most workers and pensioners. The IRS has undergone a number of changes, introduced through the OE 2025, the effect of which will be partially felt in the coming months, through withholding tax, and with the final adjustment scheduled for when the … Lees meer