The Portuguese housing market is likely to suffer a “strong correction” because properties are overvalued. This is according to the European Union, which has again warned Portugal over a [...]
Stoneshield Capital, managed by Filipe Morenés – the son of the President of Santander, Ana Botín – and Juan Pepa, has invested €50 million in acquiring two 500-bed university [...]
Portugal has become a haven for affluent international investors and expats due to its favourable climate, low cost of living, stable economy, safety, and attractive residency options. The [...]
In the third quarter of 2023 overseas investors invested over €1.1Bn in Portugal’s real estate sector according to data from the Bank of Portugal . And in the first nine months of the year [...]
Asset management company Hipoges has launched a property portal with over 30,000 properties spread out over Portugal, Spain and Greece. The portal offers house hunters the opportunity to map out [...]
The estate agency, Keller Williams Portugal has posted a €39 million turnover to September with a 25% growth in the number of clients, 32% increase in mortgage brokers, and a €770,000 Growth [...]
The future of branded residences in Portugal is looking rosy according to a panel of experts with a deep-dive knowledge of the sector and who addressed the VII Residential Tourism and Resorts [...]
Portugal’s municipal property tax IMI is to increase by 6.75% next year on apartment buildings that are subject to Tax on Patrimony (Valor Patrimonial Tributário – VPT) charged by the tax [...]
Contracts signed with Portugal’s Institute for Housing and Urban Regeneration (IHRU) have guaranteed that properties done up under the regime will be eligible for a lower VAT rate of 6% It means [...]
Portugal’s public bank Caixa Geral de Depósitos is to pay €160 million for its new headquarters at Parque das Nações. The bank is closing the purchase of the WellBe building that had also [...]