Pledges are a legal guarantee mechanism for financial and rental companies and the State itself, which, when triggered, allow these entities to put the property up for sale, directly or through public auction / auction and be reimbursed up to the amount owed. . Here you can follow news and articles related to this topic.
The Portuguese real estate market has faced significant challenges due to variations in interest rates. In June, interest represented more than half of the mortgage loan payment, directly affecting owners and potential buyers.
The Situation in PortugalIn June, the interest rate implicit in home loan contracts reached 3.649%, the highest value since April 2009. This increase resulted in...
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This type of debt has been increasing in recent years according to Deco, to which more and more complaints have come:
One of the main reasons for this situation is the fact that the owners / joint-owners sell their fractions without paying dues in arrears and, in most cases, without informing the new owner of the existence and amount of these debts. As the courts have understood that...
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