24 May
2019

Lisbon property market bounces back as demand and investment soars

The Portuguese capital Lisbon is experiencing a real estate revival, according to Knight Frank’s new insight into the city.

22 May
2019

Government speeds solar project licence process

Portugal’s government has approved amendments to existing laws to help in its planned auction of 1.35 GW of solar capacity.

22 May
2019

Hyatt to invest €70 million in Lisbon

Hotel group Hyatt is to invest €70 million in a new luxury hotel for Lisbon.

21 May
2019

Beijing praise as Lisbon joins One Belt, One Road project

China “deeply appreciates” Portugal’s participation in the “One Belt, One Road” initiative, noting Portugal’s strategic location, and the fact it was one of the first western European countries to join Beijing’s international vision.

21 May
2019

Lisbon is in 1st place in the top 10 of the European real estate market for 2019

Lisbon tops the ranking of favourite European destinations for the Real Estate market, in 2019

21 May
2019

Home loans reach record in March 2019

The Portuguese borrowed a record €2.35 billion in mortgages from banks and credit lenders in the first three months 2019.

21 May
2019

Elegant Group invests €130 million in Parque das Nações

The Elegant Group, held by Martinhal Hotels & Resorts, is investing €130 million in three projects in the Parque das Nações area.

21 May
2019

Short-term renting can reach 150€ per day

Aliados, in Porto, and Chiado, in Lisbon, are the most profitable areas of short-term rentals in Portugal, reveals a study recently released.

17 May
2019

Portugal property in a landscape of opportunity

Portugal offers many positives for the expat property investor. For a start, it is not saddled with many of the restrictions and regulations that make property investment a complexity for expats elsewhere in Europe.

17 May
2019

Lisbon is the sixth most popular city for business tourism

Portugal’s capital Lisbon is the sixth most popular city for international meetings, according to the International Congress & Convention Association’s ranking.

17 May
2019

‘Golden visa’ investment by China nationals to April down 37 percent at €76M

Investment by Chinese nationals under Portugal’s ‘golden visa’ programme was in the first four months of this year down 37 percent on the same period of 2018, at €75.7 million, data from the country’s SEF Immigration Office show.

16 May
2019

US company to spend €500 million on Alentejo tourism project

The Discovery Land Company, is negotiating the purchase of Costa Terra, a tourist megaproject that the Queiroz Pereira family owns at Melides, Grândola, in the Alentejo.

16 May
2019

W Residences launches in Algarve

A luxury beachfront condominium project on a 250,000sqm beachfront site close to Albufeira is to be officially launched on May 20.

16 May
2019

Housing market growth has stalled in Portugal, latest analysis shows

House price inflation has continued to ease in Portugal with the latest sales market activity report showing that enquiries and transactions were unchanged in February 2019.

16 May
2019

The Portuguese Golden Residence Permit

The Golden Visa Programme in Portugal was launched in 2012 and, since then, there have been granted 7208 residence permits for pursuing investment activities, with 2014 being the year with most permits issued (1526).

14 May
2019

Largest “all-inclusive” 5-star resort opens in Alvor: an investment of €50 million

Portugal’s largest all-inclusive 5-star resort – the first to have been built from scratch – has opened in Alvor, representing an investment of €50 million and creating 300 jobs.

08 May
2019

Hundreds attend opening of Carvoeiro’s Quinta do Algarvio Vilalge

Around 250 people attended the official inauguration of Quinta do Algarvio Village, the latest “turnkey real estate development in Carvoeiro”, on Friday, April 26.

07 May
2019

Quinta do Algarvio Village opens in Carvoeiro

Quinta do Algarvio Village has opened in Carvoeiro, a new resort located near the tennis club.

04 May
2019

CGD bank profit increases 85%

Portugal’s state-own bank Caixa Geral de Depósitos (CGD) increased the profit to €126.1 million in the first quarter of the year, comparing to €68 million in the same period of 2018.

03 May
2019

€45M investment in medical marijuana production

Holigen have announced plans to invest €45 million in the production of medical marijuana in Portugal over the next four years.