Articles in the ‘Property News & Info’ Category

Portugal on the rise for visitors

By • Jan 20th, 2016 • Category: Property News & Info

Latest figures released by the airport management company (ANA) shows that in 2015 Portugal airports had a record year with traffic increased by 11 %. The capital, Lisbon had over 20 million passengers, whilst Oporto had 8.1 million passengers, Faro 6.4 million,  2.7 million in Madeira and 1.6 million in the Azores. In Faro, the growth was 6.4% to 6.4

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Strong pound cuts the cost of buying Quinta do Lago property

By • Dec 3rd, 2015 • Category: Company News, Tax Issues

There’s some encouraging news today if you intend to buy a property in the Algarve: the pound to euro exchange rate has risen steadily, cutting the cost of buying in Quinta do Lago. To be specific, sterling has jumped to 1.43 versus the Eurozone’s common currency this week, +23 cents higher than early 2014, making

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Golden Visas on the rise

By • Nov 5th, 2015 • Category: Tax Issues

The number of golden visas awarded in October more than tripled (221%) compared to September. In all, a total of 119 visas were granted – an average of 30 per week – and an investment of 41.6 million euros. According to Lusa news agency, based on data from the Foreigners and Borders Service (SEF), in

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Algarve named ‘Best place in the world to Retire’

By • Jul 31st, 2015 • Category: Property News & Info

Among the world top 21 best places in the world, the Algarve has been chosen as the best place to retire by the Live and Invest Overseas for the second year running. The main reasons being climate, lifestyle, affordibility, safety and taxes, as well as our lovely sandy beaches being rated the best. For further

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Chinese consider Portugal the best country in Europe for investment

By • Jul 3rd, 2015 • Category: Tax Issues

As reported in the Algarve Resident recently, the Chinese consider Portugal to be the best country in Europe to invest. This is not only due to the lower cost of living, the healthy lifestyle and healthcare but it also shares the same kind of culture. Such examples of investors is Fosun who recently invested in

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Portugal’s Algarve the best place to retire

By • Jun 10th, 2015 • Category: Property News & Info

Algarve is the southernmost province of Portugal. It features some of Europe’s best sandy beaches but also offers a lot more, from medieval towns and fishing villages to open-air markets, world championship golf courses, fresh food, local wine, and much, much more. Specifically, here’s why Portugal’s Algarve qualifies as not only a top retirement option

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Golden Visas – Chinese investors still the majority interested in Portugal

By • May 24th, 2015 • Category: Property News & Info

Chinese investors continue to have interest in investing in Portugal. In accordance with the latests statistics available from SEF website the Chinese make up for the majority of investors at a total of 1,777 since 2012, followed by Brazil and Russia at 74 and 70 respectively. The original programme for Golden Visas were available to

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Market Report

By • Mar 31st, 2015 • Category: Property News & Info

Anyone who has visited the central Algarve recently will probably agree that there is a real sense of energy and rebirth. Businesses which have run on a skeleton staff, or even closed their doors over the past few years, are now back in business. And there are a number of new shops and businesses now

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World Travel Awards – Europe 2015

By • Mar 23rd, 2015 • Category: Property News & Info

Portugal has once again been nominated in various sectors and should pick up the equivalent to ‘Travel Oscars’ this year. The Algarve is in the Leading Beach destination, whilst several hotels such as the Conrad Algarve, Vila Vita Parc, Quinta do Lago hotel just to name a few have various nominations in many categories such

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Portugal – Top foreign destination

By • Feb 5th, 2015 • Category: Property News & Info

More than one in five properties sold in Portugal last year was bought by a foreigner, according to data by the Portuguese Real Estate Agents Association (APEMIP). Britons were in top place among the 23,000 buyers, followed by Chinese and French. “The property market grew by between 9% and 15% in 2014,” said the head

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