Portugal has third highest increase in construction output in EU
Year-on-year, the country registered the fourth largest increase (5.1%) In December 2024, Portugal’s construction sector enjoyed the third highest output in terms of projects in the European Union with a
Construction industry facing ‘unprecedented challenges’, warns association
Needs more private investment, more workers, more modernisation Portugal’s construction industry is facing “unprecedented challenges” while the boom to the country in terms of European funding under the PRR (Plan
New push to ensure VAT on house building/ renovations comes down to 6%
Infrastructure minister Miguel Pinto Luz has said today that the government is going to insist on reducing VAT to the minimum rate of 6% for housing rehabilitation and construction works.
‘Mass regularisation of immigrants’ is cornerstone of government’s housing pledge
Lack of 80,000 construction workers will be made up by immigrants Behind today’s bold announcement of ‘double the amount of public housing by 2030’ is the clue to all the
New housing construction costs in July up 0.1% on month, 3.6% on year
Construction costs for new housing rose 0.1% in July from June – and up 3.6% on a year earlier – according to estimates from INE National Statistics Institute, released today.
Construction costs for new housing accelerate in June, up 3.7% on year
Construction costs for new housing in Portugal in June were up 3.7% from their level in the same month last year, with this increase being 0.4 of a percentage point
Construction costs increase 1.9% in January
The costs of construction are still increasing, with latest data for January showing they are up 1.9% on costs for the same month in 2023, and 0.2% on costs just
Construction begins on Primelife development in Carvoeiro
The development by Carvoeiro Branco is located in “a prime location” Carvoeiro Branco, a key player in the real estate industry in the Algarve, has officially started construction on an
Construction costs continue to soar
Costs for new builds increase by 14.3% in April, after rising 11.6% in March The cost of construction, particularly of ‘new builds’, is continuing to climb, as raw materials like
Consumer confidence drops following four months of steady growth
Consumer confidence in Portugal has suddenly dropped to levels below those recorded at the start of the pandemic. The confidence of businesses too has been seen to fall, though not