Celebrities, with all their free-flowing cash, can buy houses anywhere in the world, but, increasingly more are buying up real estate in Portugal, therefore enhancing its reputation as a jet-setters haven. Since money flows freely for them, prices of property are irrelevant, and it is instead the Mediterranean charms of Portugal that lure them. The […]
The Portuguese Tourism Industry increased by 16% year-on-year in 2017, clocking in a record 57.5 overnight stays as well as an hotel occupancy income of 2.48 billion euros. Boosted by foreign tourists, the rise in popularity and revenue is expected to continue throughout 2018. 21 million people of various nationalities contributed towards the annual success. […]
Portugal’s property market is one of the most bullish in Europe right now, with prices achieving a year-on-year rise of eight per cent for the second quarter of 2017, according to the latest house price index by the country’s statistics institute (INI). Sales by volume were up too, recording a hike of 16 per cent […]
Attractive incentives for foreign investors, a burgeoning tech-driven economy and an eclectic mix of regeneration projects and cutting edge new developments make Lisbon one of Europe’s most exciting cities in which to invest in 2017, said Spot Blue in March. Lisbon’s appeal to international investors and entrepreneurs has rocketed over the past three years, said […]
Foreign investors are helping to drive Lisbon’s property market in 2016 attracted by the chance to invest in upmarket apartments in the city’s historic districts and obtain residency through the Golden Visa scheme. Recent statistics show that the value of investment through the Golden Visa scheme surpassed €571 million during the first seven months of […]
Interest in property in the Algarve should rocket this year, as new statistics reveal visitor numbers in Portugal are surging at a higher rate than anywhere else in Europe. Portugal has seen the highest rise in holiday bookings this year, as an increasing number of tourists choose to avoid destinations with security risks, such as […]
One of Portugal’s flagship resorts on the Algarve, Vilamoura, is to undergo a new €1-billion phase of development, making it an attractive option for international investors. The masterplan, overseen by Vilamoura World, was announced in October 2015 and includes 18 new projects, combining property, leisure and retail units, in total covering a staggering 400 hectares. […]
