How Rising Construction Costs Could Affect the Property Market in Lagos

Assessed in June 2025, Portugal’s construction cost index for new homes climbed 3.9% year‑on‑year, driven by higher labour expenses (+7.3%) and increasing material prices (+0.9%), as reported by INE . These figures may reshape the dynamics of the real estate market in Lagos, across the Algarve, and beyond. What’s Behind the Surge? Labour continues to […]