Portugal’s bed & breakfast and holiday let rental market known as ‘local accommodation’ has lost around 3,000 premises in Lisbon and Porto because of the Covid-19 pandemic. In Lisbon there [...]
Uncertainty during Portugal’s lockdown over jobs and the ability to pay mortgages long-term despite the Government’s moratorium meant house sales fell 35.25% in April. And the number [...]
Foreign real estate funds are continuing to invest millions of euros in both the long-term rental and hotel and leisure markets in Portugal. This is according to the Director of Investment at [...]
The French supermarket giant Auchan has invested €17 million in a new headquarters in Paço de Arcos, outside Lisbon. The 7,000 m2 premises with the capacity to support 500 fixed-term contract [...]
The CEO of Novo Banco, António Ramalho has admitted to some inconsistencies and disparities identified by a €3 million audit into the bank+s management and that of its predecessor, failed bank [...]
José Cardoso Botelho, CEO of Vanguard Properties took part in the I Portuguese Real Estate Development Conference which took place on 8 September online. Organised by the APPI (Portuguese [...]
The southern European property website Idealista has been bought by investment fund EQT IX for €1.3Bn. The online property classified site is present in Portugal, Spain and Italy. Through the [...]
Nature and space are at a premium in these anxious times of Covid-19. One ancient Azores family have come up with the perfect place to relax and unwind away from the tumultuous crowds at the [...]
House prices in the historic center of Lisbon increased 2,9% in the first half of 2020 compared to the previous semester, according to the Price Index of the Historic Center of Lisbon published [...]
In an operation completed at the end of June during the pandemic, the Portuguese vulture fund Finangeste has acquired Trindade Domus in Porto. The acquisition was confirmed to Iberian [...]
