New land law will bring property prices down by 20% – government
Or does it spell “catastrophe” as detractors claim? The new land law, promulgated with clear reservations by President Marcelo at the end of December last year, will allow municipalities to
Lagoa revises urban plans to increase housing
Local Housing Strategy identified the need for over 200 additional houses The municipal council of Lagoa has approved revisions to local land planning documents in a bid to make more
Building on rural land will not solve housing crisis – experts
Open Letter adds to groundswell of opposition to revised land law In an open letter, more than 600 experts and former political leaders in Portugal have criticised the government’s measure
“Successful sale” of Boca do Rio land to Vila do Bispo municipality
Developer says landmark sale shows commitment to preserving site’s natural heritage Algarve real estate developer Carvoeiro Branco has announced the “successful sale” of the 127-hectare Boca do Rio property to
Left Bloc forces parliamentary appreciation of revised land law
Parliament has been forced to “consider the government’s decree to revise the land law” on January 24 in an initiative of the Left Bloc supported by the PCP, Livre and
Non-resident owners get tax break for putting holiday lets on rental market
Measure carries over from last government People who are not resident in Portugal but who have transferred residential property that they own out of the market for short-term rentals –
Constitutional Court rejects proposal for local referendum on short-term lettings in Lisbon
Constitutional Court judges have rejected the (PS Socialist led) proposal for a local referendum on local accommodation in Lisbon because they “did not consider the legality” of the popular initiative
Algarve rents increased 7.7% in 2024
Rents rose across Portugal, costing on average €16.20 per square metre at the end of December. According to the Idealista price index, renting a house in the Algarve cost an
Algarve villa rentals: Reflections on 2024 and looking ahead to 2025
The Algarve’s villa rental market has shown remarkable resilience and growth in 2024, with early booking trends for 2025 already indicating another exceptional year ahead. As the industry leader in
Municipal Assemblies call for “more means” to implement new land law
Portugal’s association of municipal assemblies has called for ‘empowerment of local democratic power’ to accompany the increase in responsibilities coming from the change in the land law. In a statement