Portugal’s centre-right Democratic Alliance, led by Luís Montenegro, has emerged as the winner in the country’s latest snap parliamentary elections — the third in just three years — but once again failed to secure an outright majority.

Montenegro, addressing supporters after the results, pledged to “stimulate investment” and ensure “prosperity and social justice” for Portugal. Despite the victory, the Democratic Alliance will need to seek support from other parties to form a stable government.

The Socialist Party, led by Pedro Nuno Santos, suffered significant losses and narrowly maintained its lead over the far-right Chega party. In a dramatic turn, Santos announced his resignation following the disappointing results. Final standings could still shift, as votes from abroad — which in the last election gave two of four seats to Chega and only one to the Socialists — are yet to be counted.

Chega leader André Ventura celebrated what he called a “historic” outcome, claiming it marked the collapse of Portugal’s long-standing two-party system. His party's rise was powered by a campaign focused on immigration and corruption — two issues that resonated strongly with voters amid recent political scandals.

The snap election was triggered after the government lost a vote of confidence, largely due to controversy surrounding Montenegro himself. Allegations emerged concerning past business dealings involving a company he founded before becoming party leader — now owned by his sons. Montenegro thanked his family and political allies for defending him against the attacks.

In his farewell remarks, Santos continued to question Montenegro’s suitability for office, urging his own party not to back down from scrutiny of the new government.

As the final overseas votes trickle in, Portugal’s political landscape appears more fragmented than ever, signaling potentially turbulent times ahead for the new administration.