Kronos invests €200 million in Algarve resorts
A €200 million deal that includes the Algarve resorts of Onyria Palmares, Amendoeiras and Belmar has been announced by Spanish developer Kronos Homes. It is the group’s first venture in
AL rules “should not be the same” for Lisbon and the Algarve
Lagos-based real estate company Casas do Barlavento is concerned about the proposed changes to the rules that regulate the Alojamento Local (AL) sector which are being discussed by the government.
Lagoa hosts Algarve’s first property fair
The first Salão Imobiliário do Algarve (SIA), the Algarve’s first property fair, will be held between June 7 and 9 at the Centro de Congressos do Arade in Parchal, Lagoa.
Loulé’s Ombria resort seeks investors abroad
Algarve’s Ombria resort has teamed up with London-based public relations firm Riva in a bid to promote the project among holidaymakers and investors from leading European destinations such as the
Lisbon rental prices “twice more expensive” than national average
It is no surprise that Lisbon is more expensive to live in than any other city or town in Portugal, but new data has shown that renting a house in
Oceânico sails into calmer waters
Interview || The Resident spoke to Chris Howell, Oceânico Group Chairman, to learn what steps are being taken to ensure the group’s future and how it plans to maximise on
Thinking of Moving to Portugal? The complete guide to getting started
Everything you need to know to prepare for a new life in the tranquility, beauty and warmth of Europe’s most westerly country. All that’s left is to pack your suitcase.
Seven different ways to save energy
Seven partners have joined forces at Sustainable Superstore in Almancil to provide energy-saving services and products. House renovations and new build, solar power, hot water systems, led lights, insulations, water
Foreigner buyers account for 25% of Portugal’s property sales in 2017
Portugal’s property market continued to boom among foreigner buyers in 2017. Data shows that a quarter of the homes that were for sale were sold to foreign buyers last year.
Portugal house prices to rise 6% a year
Property prices in Portugal are expected to grow at an average annual rate of 6% in the next five years. The trend is apparently ‘here to stay’ and is largely