By Michael Bruxo [email protected] Novo Banco is seeking planning permission to develop a €250 million residential and tourism project by Portimão Marina in the Algarve. The [...]
Vanguard Properties won 4 awards at the annual “Portuguese Property Awards 2020” for its projects White Shell and Castilho 203, winning in all the categories it entered. Castilho 203 won the [...]
Portugal will fully draw on €15.3Bn in EU subsidies earmarked for the country. However, its Prime Minister António Costa said it would not, for the time being, use up other funds in the form of [...]
Finangeste, the debt and real estate recovery and asset management company says it aims to invest €500 million in Portugal. The company specialising in buying up very distressed assets and [...]
Portugal’s new State-owned investment bank aimed at helping startups and SMEs which essentially are profitable but lack capital investment to grow, must run at a profit. The European Commission [...]
Portugal’s real estate investment market remained strong throughout the first half of 2020 according to consultants CBRE. This was despite the obvious impact of Covid-19 but, taking into [...]
The Portuguese Government’s new development bank will become a reality within 40 days. According to the Government, it has approved the final version of what it is calling the Banco de Formento [...]
Investment in innovation in Portugal achieved a historic high of 1.4% of GDP in 2019 thanks to companies. Total expenditure on research and development (R&D) increased 8% in 2019 to €2.9Bn [...]
The British consultancy BJSS has decided to enter the Portuguese market in its first international foray overseas other than the United States. Its expansion plan in Portugal foresees an [...]
Overseas investment in Portugal’s Authorisation for Residency through Investment (ARI) also dubbed Golden Visa fell 43% in July to €56 million. In July, Golden Visa investment totalled [...]
