29 Aug
2019

Portugal’s bright outlook offers Europe some hope

Amidst confusing times around the World, Portugal’s stability seems to stand out

29 Aug
2019

Property sales figures in Portugal rise 16.6% in 2018 to reach 10-year high

178,691 homes were sold in Portugal in 2018, 16.6% more than the previous year. This is the highest figure in the last 10 years, since 2009

27 Aug
2019

Algarve bids to become ‘Mecca’ for wellness travel industry

The Algarve could be transformed into a ‘Mecca’ for health and wellness travel, benefiting from major investment linked to the booming €600 billion global industry

26 Aug
2019

The Number of Visitors to the Algarve Rises by 9.3%

According to Turismo de Portugal, 2.17 million guests spent 8.62 million overnight stays in the Algarve, in the first six months of the year, for total revenues of 431 million euros.

26 Aug
2019

Production in Portugal’s Construction Sector Increases by 1.4%

Production in the construction sector grew by 1.4% in June, compared to the same month last year, more than the average for the Eurozone (1%) and the European Union (0.6%).

26 Aug
2019

Sonangol Looks to Quickly Sell Off Two Real Estate Assets in Portugal

Sonangol announced that it would like to quickly sell off two properties in Portugal. The first is a building located on Avenida da República, next to Saldanha, in Lisbon

26 Aug
2019

Aquila Capital to Invest €88 Million in Green Logistics Project North in Azambuja

Aquila Capital, a German fund which invests in sustainability-related assets such as renewable energy, social housing, green logistics, timber and agriculture, announced that it would develop a 115,000-m2 “green” logistics project in Azambuja

23 Aug
2019

ALDI aims to treble number of stores in Portugal

German supermarket group Aldi aims to invest five times more money in Portugal in a bid to treble its number of stores.

23 Aug
2019

Interest rates on mortgages highest for three years

The interest rate on mortgages rose for the eighth consecutive month in July to its highest for three years.

23 Aug
2019

Two banks and a fund in race for CGD Brazil

Three candidates have made it onto the shortlist for the sale of Caixa Geral de Depósitos’ Brazilian bank Banco Caixa Geral.

23 Aug
2019

Tourism in Portugal continues to grow

Portugal continues to be a top choice for travellers as results from the central and southern regions of the country point to continued growth, especially among domestic tourists.

23 Aug
2019

Intermarché invests €200 million in Portugal

Intermarché is planning an extension in the Portuguese market and is aiming to increase its market share through new store openings and a price reduction strategy.

21 Aug
2019

Algarve has 22 nominees in Publituris’ “tourism Oscars”

17 hotels and tourist resorts, and four Algarve golf courses, as well as the Algarve Tourism Region, have been nominated for categories in the Publituris Portugal Travel Awards 2019

21 Aug
2019

Property development is new focus at Portugal’s largest real estate show

Preparations are underway for Portugal’s largest property fair, SIL – Salão Imobiliário de Portugal, which runs in Lisbon from October 10 to 13.

21 Aug
2019

Portugal’s new Labour Law – what it means for investors

The Portuguese President has given the green light to a raft of changes to the country’s labour laws which will impact investors and potential overseas employers thinking of relocating or setting up a company in Portugal.

21 Aug
2019

Developers in high attendance at SIL 2019

National and international developers are expected to attend October’s Portugal Property Fair in force according to the Portuguese Association of Developers APPII.

19 Aug
2019

IMF: houses prices in Portugal are rising but “no immediate policy action is needed"

House prices in Portugal continue to rise, albeit at a slower pace. The International Monetary Fund (IMF) is aware of this, of course, but rejects suggestions that the government need intervene

18 Aug
2019

11 of the 25 most expensive municipalities to buy a home are in the Algarve

11 of the 25 most expensive municipalities to buy home a home are in the Algarve, according to a new study by Idealista, a real estate marketplace in Portugal.

18 Aug
2019

Portuguese airports see highest numbers of passengers on record

Even without taking in to account the traditionally stronger summer months, there were already two million more passengers passing through Portugal’s airports than in the first half of 2018.

18 Aug
2019

Portuguese economy growth rises above European average

Portuguese Gross Domestic Product (GDP) increased 1.8% in the second quarter of this year, having progressed 0.5% in year-on-year terms, keeping pace with the previous quarter