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Posted by portugalpress on September 04, 2018

With property prices expected to continue rising, Portugal has been labelled the European country with the cheapest mortgages.

The European Central Bank has published a list countries offering the best money-lending terms for property and only Finland does better.

But whereas property prices in Finland are rising very slowly, the opposite could be said here.

Ratings agency Standard & Poors suggests prices in Portugal will increase 9.5% nationwide this year, with the future continuing bright.

Next year, house prices are expected to slow down slightly but remain head of increases forecast for the UK, France, Belgium. Spain, Switzerland, Holland, Germany and Italy.