Kronos Homes invests €250 million in ambitious “ocean and golf” resort in Lagos
Palmares – Ocean Living & Golf, located just east of Lagos, is the latest project by Kronos Homes in Portugal, representing a planned investment of €250 million, including two five-star
Is Airbnb “destroying” European capitals including Lisbon, asks Financial Times
Lisbon is the main city analysed in a Financial Times article that asks whether “Airbnb investors are destroying Europe’s cultural capitals”. The question is not directly answered in the story,
Real estate personality awards of the year announced
Magazine Imobiliário announced the Portuguese Real Estate Personalities 2019 Awards on Thursday, September 12 at the sixth gala event held at the Hotel Vila Galé Collection Palácio dos Arcos in
Property sector jobs skyrocket 80% in four years
Portugal’s property sector currently employs around 50,000 people, 22,000 more than in 2015. Over the past four years, the number of people employed in Portugal’s real estate sector increased by
Portugal among EU countries where house prices show biggest jump since 2010
New data has helped confirm what everybody already knows: house prices have increased significantly in Portugal in the last 10 years. According to the Bank for International Settlements (BIS), property
Property development is new focus at Portugal’s largest real estate show
Preparations are underway for Portugal’s largest property fair, SIL – Salão Imobiliário de Portugal, which runs in Lisbon from October 10 to 13. This year’s emphasis will be on property
Vanguard considers €30 million investment in housing projects
Vanguard Properties is studying a strategic project for three buildings offering homes at accessible prices for Lisbon’s Parque das Nações. According to an official source from the developers mentioned in
German investors buy prime Lisbon building
A prime Lisbon city centre office building on Avenida Fontes Pereira de Melo has been sold by the Portuguese fund ECS Capital to the German fund Deka Immobilien. Torre das
REITS approved by Portuguese Parliament
Real Estate Investment Trusts (REITS) were approved by the Portuguese parliament on Friday last week. Known as SIGIs in Portugal and SOCIMIs in Spain, it means that Portugal can now
Property investment in Portugal to reach €3 billion
Investment in the Portuguese property market is expected to reach €3 billion in 2019 by the end of the second half of the year, according to consultants CBRE. Portugal’s investment