08 Jul
2019

Real estate investment expected to increase in 2019

Real estate investment in Portugal is expected to be strengthened this year, according to the latest Deloitte study.

08 Jul
2019

Patrizia acquires landmark hotel development in Lisbon

Patrizia AG has acquired a landmark hotel development, Tagus Square, in Lisbon, Portugal from a private individual on behalf of a German pension fund.

07 Jul
2019

Record number of foreigners now living in Portugal

The number of foreigners living in Portugal set historic record with a year-on-year increase of 13.9 percent in 2018, totaling 480,300, said a report presented on Friday.

07 Jul
2019

Portugal lost €9Bn to offshore tax havens in 2018

The Portuguese tax authorities lost hundreds of million of euros in lost taxes in 2018 as around €9Bn were transferred to offshore bank accounts in 2018.

07 Jul
2019

El Corte Inglês to open in Porto

Porto City Council looks set to give the green light to the Spanish department store chain El Corte Inglês to open in the city.

07 Jul
2019

Higher hotel prices expected in Portugal

Hotel owners expect the summer occupancy rates and average stay to be the same as last year but expect higher prices.

05 Jul
2019

Lisbon to host biggest PR conference in the world

Lisbon is to host the largest and most important public relations conference in the world for five days in 2020.

05 Jul
2019

Tilray puts Cantanhede on the European cannabis map

Even if you do live in Portugal, you may never have heard of the small town of Cantanhede near Coimbra.

05 Jul
2019

More foreigners than ever living in Portugal

The number of foreigners living in Portugal was up by 13.9 percent in 2018, totalling 480,300, the highest figure ever recorded by SEF since its inception in 1976.

05 Jul
2019

Airbnb with €2 billion impact in Portugal

Users of the Airbnb platform in Portugal generated more than €2 billion in direct economic impact in Portugal during 2018.

05 Jul
2019

Home sales in Portugal up

Property sales in Portugal increased by 7.6 percent during the first quarter of the year, representing 43,826 sales in total.

04 Jul
2019

Spanish supermarket group Mercadona moves into Portugal

Mercadona, the well-known Spanish food retail group, is expanding into Portugal and will open stores in the Porto region and in the north of the country.

03 Jul
2019

Old build house prices soar 16% in Portugal

Non new build property prices in Portugal rose 15.9% in June this year compared to the same period last year.

03 Jul
2019

No public debt ‘red alert’ says Banking Association

The Portuguese Banking Association has stated that there is no “red alert” over bank exposure to Portuguese public debt.

03 Jul
2019

Vanguard begins marketing Muda Reserve Quintas da Aldeia

Vanguard Properties has begun marketing the Quintas da Aldeia tourist village villa projects at the Muda Reserve in the Alentejo.

03 Jul
2019

Prices Rise in Every Region in Portugal Except for the Azores

Housing prices rose in every region in Portugal except for the Azores. The Idealista’s price index showed that price of homes rose again by an average of 4.5% in the second quarter of 2019

03 Jul
2019

Affordable Rental Program Allows Savings of €1,000 Per Year

A study by Century 21 concluded that the Affordable Rental Program may lead to savings of over 1,000 euros per year for both renters and landlords.

02 Jul
2019

Luxurious beachside sanctuary ‘Villa Hibiscus’ joins Vila Vita Collection

Villa Hibiscus, a “boho-chic villa just steps away from the sand” of Albufeira’s Galé beach, is the latest addition to the Vila Vita Collection, a series of luxury villas and beachfront residences owned by Vila Vita Parc

01 Jul
2019

Lidl in talks with producer to export Algarve oranges

The opportunity is reportedly being discussed by the German supermarket chain and Algarve-based orange producer Cacial.

01 Jul
2019

Spain’s Abanca to invest in insurance

The Spanish bank Abanca, which recently completed the integration of Deutsche Bank branches in Portugal, is now looking at investing in Portugal’s insurance sector.