Construction and property sectors hit back at proposed changes to foreign investor incentives
Government proposals to limit incentives for foreign property investors have caused shockwaves through Portugal’s property and construction sectors. The bottom line lament is: “Don’t kill the golden goose!” Explains Reis
Overseas investors spend €35 million in Hyatt Regency Lisbon luxury apartments
US hotel group Hyatt is building its five-star Hyatt Regency Lisbon apartments in the capital’s Belém district. The €70 million project comprises apartments that can be bought by investors and
Portugal’s “biggest promotional event in France and Europe” seeks exhibitors
InPortugal 2020 is the new name of the Salão do Imobiliário e Turismo Português, an event held every year in France to promote the country among French citizens interested in
Algarve house prices up 7.3% in 2019
House prices increased 7.3% in the Algarve in 2019, with one square metre of property costing an average of €2,209 in the region, reports property website Idealista this week. Lagos
Portuguese “have never been so rich” – the reason: rising house prices!
Portuguese people have never been so rich, proclaims TSF radio today, stressing the reason lies in the booming property market. In five years, family properties have risen in value by
A degree of diversity
As the second largest city in the Algarve, Portimão offers unique opportunities for property buyers. Located along the banks of the Arade River, Portimão is pleasantly picturesque with the charm
Cerberus Fund buys Fidelidade property
Around four months after having begun looking for a buyer for a portfolio of five properties in Lisbon and Porto, including its Chiado headquarters, Fidelidade is about to close a
Portugal’s commercial property market enjoys buoyant 2019
According to a study from Cushman & Wakefield, foreign investment continues to lead the way in the Portuguese market (78%) but Portuguese capital grew 135% – almost double on 2018.
Ombria Resort elects Gabriel Couto to build Viceroy Hotel and Viceroy Residences
Ombria Resort’s management has announced that it has selected northern Portuguese constructor Gabriel Couto for the construction of its five-star Viceroy Hotel and Viceroy Residences in the forested hills of
House prices rise to ‘new historic maximum”
House prices across the board in Portugal have risen to a new historic maximum. Media reports today are interpreting the latest figures out of national statistics institute INE which show