Portugal reached 49,512 new businesses by November 2025, up 3.6% year-on-year — the highest in 20 years. 📊 Highlights: -Real estate: +1,110 new companies (+22%) -Construction: +853 new companies (+15%) -Business closures dropped 14% to 13,635 -Insolvencies fell 2.9%, with real estate and construction among the most stable sectors 📍 Regional growth: -North: +5.5%, 15,533 new companies -Greater Lisbon: +2.1%, 14,564 new companies 💡 What this means for investors: These numbers confirm a healthy, expanding market where demand continues to drive new development. Lower insolvencies and strong company growth indicate resilience, liquidity, and solid ground for both development and investment capital entering Portugal’s real estate sector.

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