Noteworthy
New “ID card” for your property As you have a tax number and a health number, your property will soon be identified by a unique number used to gather all the data and information about your property. According to Público newspaper, from the second half of the year, the Property Identification Number (NIP) will be launched. This number will be like the citizen’s card, but for properties, bringing together all information regarding the property in a single number.
While the price of houses for rent fell in the Autonomous Region of the Azores (-8.7 percent), in the Metropolitan Area of Lisbon (-4 percent) and in the North (-1.7 percent), rental prices rose in the Alentejo (9.5 percent), the Algarve (7.6 percent), Autonomous Region of Madeira (6.6 percent), and the centre of the country (4.9 percent). Source: TPN
In the beginning, “this project should start only for rural lands, and then will be extended later to urban properties. These are the first steps towards creating real-time, upto-date databases relating to all available information on rural and urban properties,” noted Público. “This could be a crucial moment for real estate reform in Portugal. Today, each owner has multiple property papers, documentation, and registration numbers. Being able to do with the properties what was done with the citizen’s card is perhaps the most important part of the work of identifying the owner and the location of each property,” explained Secretary of State for Justice Anabela Pedroso, quoted by the newspaper. The launch of the NIP will be done step-by-step along with the identification and registration of land and properties. The NIP is part of the Balcão Único do Prédio (BUPi), which allows rural land owners, without organised documentation or properties that aren’t properly identified, to update their registration. According to the newspaper, the NIP will start as a pilot project in areas more vulnerable to the risk of fire, mainly in the centre region, but will expand through 2023. Source: Público
photo: Renewables Now
Renewables cover 59% of Portugal’s power consumption in 2021 Renewable energy plants produced enough power to meet 59% of Portugal’s electricity demand in 2021, data from power utility Redes Energeticas Nacionais (REN) shows. Wind and hydro have had the largest contribution, covering 26% and 23% of the national demand, respectively. Biomass energy followed with 7% and solar photovoltaic (PV) with 3.5%. Although still the least significant in terms of volume in the country, PV sources have recorded a 37% year-on-year increase.
Rent getting cheaper? The price of houses for rent in Portugal fell on average by 4.3 percent in 2021, to €10.70 per square metre (euros/ m2); however, some areas are still showing strong growth in prices.
REN’s data shows that non-renewable electricity accounted for 31%, led by natural gas with 29% and coal with 2%. The power utility noted that the last coal plant closed at the end of November.
According to the Idealista price index, renting a house in Portugal had “a cost of 10.70 euros/m2” at the end of December 2021, taking into account “the median value.”
Portuguese spend almost four days a year at the supermarket A new survey shows that 84% of customers visit more than one supermarket per week. The Portuguese spend, on average, 3.7 days a year shopping in supermarkets, with 84 percent going to at least two of these stores a week.
Idealista’s analysis also showed that, in Lisbon, rental prices decreased by 2.9 percent, the “only decrease in the country in 2021,” in terms of cities, with the cost per square metre being €13.40. 12 Portugal Living Magazine
Source: Renewables Now
