Two founders of the Russian bank Promsvyazbank, one of the banks sanctioned by the EU because of the Ukraine war, have bought up properties in Alvor, Portimão. The two multimillionaire bothers [...]

China is the 5th most important investor in Portugal according to the latest figures from the Bank of Portugal. The BoP was referring to Direct Foreign Investment (DFI) which it states is 6.8% [...]

Portugal benefitted from more funds from the European Investment Bank last year than almost any other country in the European Union. Financing from the bank reached a record amount in 2021 with [...]

The Brazilian company Europar Investments is to invest €100 million in Portuguese real estate with an emphasis on retail. According to ECO online, the investment company’s CEO, Marcos Germano [...]

Lisbon’s dynamic new mayor is to find €500 million to invest in the Portuguese capital to make it “a sustainable city”. The former property consultant and EU commissioner for Research, Innovation [...]

A Brazilian group from São Paulo is to invest €1Bn in a ‘Silicon Valley’ for the north of Portugal. The GCMP – Capital Management Group has chosen Vila Nova de Gaia, Porto and has already [...]

Commercial real estate investment in Portugal was 30% down in 2021 on the previous year, netting around €2Bn. Nevertheless, 2020 had been better precisely because of so many uncompleted [...]

Portugal’s Planning minister, Nelson de Souza, said this week that there are no fixed rules limiting projects that can be approved for financing from EU funding – Portugal2020. Speaking on [...]

The majority of Portuguese companies expect to increase their investment and apply for European funding in 2022. According to the FI Group, 97% of companies intend to make investments next year, [...]

While attracting over €6Bn in overseas investment, mostly through property transactions, Portugal’s Golden Visa programme has done little to generate direct employment as a result of either [...]