Cerro Novo Properties – always innovating
Cerro Novo Properties is one of the longest-established, fully-licensed real estate agents in the Algarve. Proud to have developed a reputation for quality, independent advice – before and after the
Landlords see rental market shrinking, blame rent restrictions – survey
… and majority considering eviction for tenants in arrears The majority of landlords surveyed by Lisbon Landlords Association (ALP) expect the rental market to shrink this year, and have a
House prices in Portugal rose 13.1% in 3rd quarter of 2022 – above EU average of 7.4%
Year-on-year house prices increased, in the third quarter of 2022, by 13.1% in Portugal, compared to a eurozone average of 6.8%, rising to 7.4% in the European Union. Announcing this
ECS Capital taken over in “largest property deal of 2022”
The ECS Capital deal includes 18 hotels and three golf courses, as well as residential properties and land to develop at Vale do Lobo and Conrad Algarve A consortium has
Contemporary luxury villa with sea views, currently under construction
This landmark villa enjoys sea views and boasts private, landscaped gardens and a stunning infinity pool with cascades to terraced gardens. Designed by a leading Portuguese architect with a vision
Housing prices continue robust
13.1% increase in 3rd quarter of 2022 Housing prices rose 13.1% in the third quarter compared to the same period in 2021, with the increase recorded in existing housing exceeding
Versatile property in sought-after area
Super quality 5-bedroom villa, close to the market town of Loulé This versatile property offers either five bedrooms and four bathrooms or the property can be split into a three-bedroom,
Commercial real estate investment reaches €1.9bn
Investment in commercial real estate soared in the third quarter throughout to €1.1 billion, bringing the running total so far this year to €1.9 billion. The accumulated total is 43%
Villa in Albufeira with four bedrooms, swimming pool and sea view
This substantial villa was designed specifically by its architect owner and offers a tremendous amount of living accommodation which will appeal to buyers looking for a large permanent residence, second
€50 million to help renovate tourism properties
Minister says package will be “essential to help tourism companies “modernise and develop” their properties Portugal’s Minister of Economy announced today that the government is launching a programme worth €50