The real estate developer VIC Properties has decided to withdraw from the sale of what could have been one of the biggest property deals in Portugal in 2023. It has withdrawn both the Prata [...]
The Spanish real estate developer Kronos, which in Portugal has the projects ‘The One’ and ‘Palmares Ocean Living Golf’, closed 2022 with a turnover of €465 million and estimates that it will [...]
The Portuguese government has ruled out the idea of banning the sale of properties to non-resident foreigners because it would represent a “hard blow” to the economy. The idea, aimed at curbing [...]
House prices will continue to rise and rents will be more expensive in 2023 after last year’s record year for Portugal’s residential real estate market. The increase in the cost of buying and [...]
Real estate investment at €2.5Bn in 2022 A study by the real estate consultants Worx shows that investment in real estate in Portugal should break the €2.5Bn barrier by the end of 2022. However, [...]
Vision Supra Partners (VSP) — a Portuguese-Swiss developer which brings together Alcarine SA and the Portuguese AM SF have launched a €30 million residential development in Sesimbra. The Vale das [...]
The hotel chain Hoti Hotéis is to invest €110 million in three luxury residential housing developments in Portugal. The first of these projects will be built on Porto’s Avenida da Boavista, the [...]
The Spanish company Montepino has reached an agreement with Leroy Merlin to build the largest logistics platform in Portugal for the French multinational DIY and garden centre group Leroy Merlin. [...]
The majestic setting of the 18th century Correio-Mor Palace outside Lisbon was chosen to celebrate the 30th anniversary of the Portuguese Association of Real Estate Developers and Investors [...]
The price of houses increased 10.1% in Lisbon and 17.4% in the third quarter of 2022 like-for-like on 2021. Regarding quarterly variations, house prices enjoyed growth of 2.1% in Lisbon and 1.7% [...]
