Property investment down 39% in first quarter 2023
Property investment totalled €230 million in the first quarter of this year, down 39% on the same period in 2022, according to data from consultancy CBRE released today. This drop
A brilliant, flexible bungalow – exclusive to Cerro Novo Properties
Cerro Novo is proud to exclusively present this flexible and well-established single storey villa (bungalow) located in one of the central Algarve’s premier residential neighbourhoods. With stunning southerly views to
78 nationalities buy properties in Lisbon
2022 saw 78 nationalities buy 1,655 homes in Lisbon, representing investments that topped €894.3 million, writes Expresso. The inner city parishes of Santo António, Estrela and Arroios were the most
Lisbon mayor vows city won’t be adhering to government’s plan for ‘coercive leasing’
“Obviously this plan won’t work…” Lisbon Mayor Carlos Moedas has said the city won’t be adhering to the government’s plan for the ‘coercive leasing’ of vacant habitable apartments in areas
Portuguese property – an investment as safe as houses
If there is one sector of Portugal’s economy that seems impervious to the climate of growing economic uncertainty and unpredictability because of geopolitical shocks and rising inflation, it is Portugal’s
Holiday rental sector protests against ‘More Housing’ plan
Ending Alojamento Local won’t solve the housing crisis, says Faro mayor Rogério Bacalhau Protests are being held today in Faro, Lisbon and Porto against the government’s proposed changes to the
Government “fully committed” to urban redevelopment in Setúbal district
“We do not want this region to be a dormitory for the city of Lisbon” – Finance Minister Finance minister Fernando Medina announced on Wednesday that the state will pay
The hidden perils of holding property assets offshore
The allure of Portugal’s picturesque landscapes, warm climate, and rich cultural heritage has long attracted expat property owners. For many years, purchasing property through a limited company has been a
Lisbon committed to speeding up planning permission
Lisbon City Council’s planning chief has pledged to speed up the time it takes for the municipal council to deal with planning applications, the slowness of which has been a
The future of branded residences
Members of the American Club of Lisbon joined investors and business representatives to learn about the Martinhal Residences from Martinhal Family Hotels and Resorts co-founder, Chitra Stern. The talk was