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        Real Estate

         Average house prices rise 13.5% in Q3 of 2022
        0
        By Christopher Graeme
        In News, Real Estate, Rental market, Residential Real Estate
        Posted 3 Fevereiro, 2023

        Average house prices rise 13.5% in Q3 of 2022

        The average price of houses in Portugal saw a like-for-like growth of 13.5% in Q3 of 2022, settling at €1,492/m2. Nevertheless, it was a slowdown on Q2 of 17.8% according to the National [...]

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         VIC Properties abandons Project Rise sale
        0
        By Christopher Graeme
        In Construction, Development, News, Property, Real Estate
        Posted 3 Fevereiro, 2023

        VIC Properties abandons Project Rise sale

        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 It has withdrawn both the Prata [...]

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         Real estate projects waiting years to get planning permission
        0
        By Christopher Graeme
        In Municipal councils, News, Planning Processes, Real Estate
        Posted 30 Janeiro, 2023

        Real estate projects waiting years to get planning permission

        Some projects in Lisbon are taking five years or more to receive planning permission from Lisbon City Council. A report by Jornal Económico tells of developers which are exasperated over delays [...]

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         Kronos closes 2022 with €465M
        0
        By Christopher Graeme
        In News, Property, Real Estate
        Posted 27 Janeiro, 2023

        Kronos closes 2022 with €465M

        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 [...]

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         Foreigners lead luxury property buys in Portugal
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        By Christopher Graeme
        In Luxury property, News, Real Estate
        Posted 23 Janeiro, 2023

        Foreigners lead luxury property buys in Portugal

        The Americans, British, Germans, and French are the nationalities that most buy luxury properties in Portugal. This is according to Sotheby’s Realty, the luxury estate agents which clocked up a [...]

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         Government rejects ban non-dom property investment ban
        0
        By Christopher Graeme
        In News, Property, Real Estate
        Posted 20 Janeiro, 2023

        Government rejects ban non-dom property investment ban

        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 [...]

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         Portugal Real Estate Awards 2023 – finalists announced
        0
        By Christopher Graeme
        In AWARD, Events, News, Real Estate
        Posted 18 Janeiro, 2023

        Portugal Real Estate Awards 2023 – finalists announced

        The finalists have now been announced for the annual ‘Oscars’ of the Portuguese commercial real estate market — ‘Portugal Real Estate Awards 2023’. The awards in the various categories are [...]

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         Novobanco to sell €400 million portfolio
        0
        By Christopher Graeme
        In Banks, News, Real Estate
        Posted 13 Janeiro, 2023

        Novobanco to sell €400 million portfolio

        Novobanco is to put up for sale a portfolio of properties that have been valued at €400 million. According to Jornal Económico, the portfolio includes around 94% of the units of a fund which [...]

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         Lisbon projects to be showcased at MIPIM 2023
        0
        By Christopher Graeme
        In News, Real Estate, Trade and Sector Fairs
        Posted 13 Janeiro, 2023

        Lisbon projects to be showcased at MIPIM 2023

        Lisbon is to be represented at the largest real estate fair in France MIPIM with a stand showcasing the Lisbon region right by the main entrance of the venue in Cannes. This year the offer will [...]

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         Real Estate: is the boom over?
        0
        By Christopher Graeme
        In News, Ratings agencies, Real Estate
        Posted 11 Janeiro, 2023

        Real Estate: is the boom over?

        “The real estate boom” over the past few years are “over” reports CNN Negócios with prices falling up to 3% in Portugal this year. The forecast is from the ratings agency Moody’s which points to [...]

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