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Professional condominium management is essential for the preservation of buildings

APEGAC (Portuguese Association of Condominium Management and Administration Companies) considers that “it is urgent to understand the state of the national real estate assets and how this impacts the value of families’ housing patrimony,” and advocates for tax incentives for conservation and maintenance works. In the post-election period and during the formation of a new government, APEGAC warns of...

How to Make the Condominium Reserve Fund Profitable

Did you know that your condominium’s reserve fund doesn’t need to sit idle waiting for future renovations? With smart management, you can make that money work and increase the resources available for your building. What is the reserve fund? According to Portuguese law, all condominiums must set up a reserve fund to pay for maintenance work on common areas, such as painting or elevator servicing....

The Advantages of Working with a Company That Uses Condominium Management Software

Condominium management increasingly demands professionalism, clarity, and agility. With growing operational complexity and rising expectations from residents, a company that invests in cutting-edge technology stands out for its efficiency and responsiveness. At Sansa Real Estate, we use GC Condomínios software – a robust and comprehensive solution that allows us to manage all aspects of a condominium...

Construction Work in the Building (and at Home): When is Municipal Authorization Required?

There are rules for carrying out construction work at home or in the building, and it is essential to follow them to avoid problems, especially among condominium residents. Renovations at home or in the building can be a headache for residents and cause conflicts between neighbors. But it doesn’t have to be that way. To avoid issues, it is important to maintain communication between residents and the...

Condominium Law: How Does It Affect Financial Transparency?

How does the new law impact the transparency of condominium finances? Learn about the condominium law in detail. The new condominium legislation introduces significant changes aimed at increasing financial transparency and clarifying issues that concern both property owners and administrators. After all, when do condominium debts expire? And am I required to pay for condominium works? These are some of...

Portuguese Housing Update: Rents Can Increase Up to 2.16% in 2025

Each year, updates to the Portuguese housing market are guided by the regulations of the Novo Regime de Arrendamento Urbano (NRAU). For 2025, Notice No. 23099/2024/2, published on October 18th, has set the maximum allowable rent increase at 2.16%. For example, a property rented for EUR 1,000 per month could see an increase of EUR 21.60. It’s also worth noting that if a landlord has not adjusted the...

Portuguese Youth Can Access Up to 100% Financing for First Home Purchase

With rising housing prices and the cost of living, buying a first home in Portugal has become a challenging goal for many young people. However, a new government initiative is making homeownership more accessible by offering up to 100% financing for young tax residents. Under Decree-Law No. 44/2024, Portuguese tax residents aged 35 or younger may now be eligible for a state-backed guarantee, enabling them...

The Real Cost of Choosing the Cheapest Condominium Management

Ah, the great condominium debate: “They don’t work, they are not responsive, the building is falling apart!” Sounds familiar? We’ve all heard these complaints a thousand times. But when it’s time to choose a new condominium management company, what do people often do? They pick the cheapest option available. Why? Because, well, who doesn’t love saving a few bucks? But here’s a reality check...

Portugal’s Tourism Boom: Record-Breaking Start in 2024

Portugal's tourism sector is off to an exceptional start this year, with the number of foreign tourists surpassing three million in the first quarter. This milestone marks the best first quarter on record, driven significantly by the Easter holidays, according to flash data from the National Statistics Institute (INE). Record-Breaking Numbers In the first quarter of 2024, the number of foreign visitors...

Noise, Non-payment of condominium fees, and Renovations: The Biggest Complaints from Residents

To address problems with neighbors, most residents choose to speak directly with the individual involved, according to a study. Families living in houses or apartments often encounter issues with their neighbors. Among the main complaints identified by resident associations in Portugal are neighborhood noise, non-payment of fees, and renovations. To resolve these issues, most people prefer to speak...

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