Vilamoura World is to invest €12 million in expanding Portugal’s largest marina in the Algarve. The company owned by the US Lone Star vulture fund says the improvements will equip the famous [...]
Home transactions fell 11.6% in the first quarter of 2020 with 43,532 home transactions (purchases and sales) and 0.7% less than the beginning of 2019. The figures were released by the Portuguese [...]
Economic uncertainty is likely to fuel a drop in rental income for office and retail space by between five and 10%. The downward price pressure is being driven by the perception of risk from [...]
Overseas real estate investors have over €7Bn available to buy commercial property in Portugal. According to Negócios, investors also have close to €3Bn in assets to sell in the “near future” [...]
With ample space at a premium in today’s post-Covid property market, there are acres of opportunities in Portugal’s sleepy Alentejo district with its vineyards, castles and rolling landscape of [...]
The Portuguese Association of Real Estate Developers and investors has come up with a programme aimed at relaunching the sector. Among the measures in the Kick-Start Programme (Programa Relançar) [...]
Working from home because of Covid-19 has increased demand for properties with offices, gardens and patios in Portugal. The demand for homes with gardens, terraces, patios and home offices [...]
Sonae Sierra, the Portuguese multinational shopping centre developer and management company has frozen rent payments on shop units as shop traders face ruin. Sonae Sierra has decided to defer 50% [...]
The Covid-19 crisis has not been easy on Algarve estate agents who pride themselves on the personal touch when dealing with clients. Kerstin Buechner Director of QP Savills and her team put their [...]
Details – Hotels and Resorts, the new operator of the Vale da Lapa resort formerly owned by Oitante, says it will inject a €2 million investment package into the project in order to make [...]
