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Articles in the ‘Property News & Info’ Category

Ferragudo receives a plan for big renovation projects.

By • Nov 16th, 2016 • Category: Property News & Info

There is a multi million Euro plan to renovate Ferragudo. This includes improving the main entrance on the north side and a new three storey car park to accommodate the increased number of holidaymakers and visitors that this village attracts especially in summer. From Angrinha beach to Praia grande they will also build a boardwalk

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Portugal is the 5th safest country in the world! Lisbon is Europe´s most underrated city!

By • Nov 2nd, 2016 • Category: Property News & Info

The Global Peace Index has listed the 1o safest countries in the world. This was determined by various factors such as numbers of police or security personnel, presence of nuclear weapons, and political instability. Within this index, Portugal has been listed as the 5th safest in the world, taking into consideration its relative affordability and

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Portugal the fifth most peaceful country in the world

By • Jun 27th, 2016 • Category: Property News & Info

Portugal is the fifth most peaceful country in the world according to this years Global Peace Index. This is a big improvement from last year where it was listed 14th in the ranking. This year it joins the top five most peaceful countries of the world, 1st is Iceland, 2nd Denmark 3rd Austria and 4th

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Lisbon´s prime market is changing fast as city´s revival continues

By • Jun 17th, 2016 • Category: Property News & Info

Lisbon is currently seen as a great investment opportunity. After decades of decline, the Portuguese city is being redeveloped. Prime location such as The 18th century Palácio Chiado has just been renovated. Beautiful buildings which are in poor condition in areas such as Alfama, Baixa, lapa and Santos have all undergone major works, and are

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2016 Summer tourist trends

By • May 11th, 2016 • Category: Property News & Info

We are observing early evidence that the summer season in the Golden Triangle will be a second bumper year building on last years success. Whilst the improving infrastructure with regards to road building and the new airport extension at Faro can only help, the impact of recent events in North Africa and Turkey couple with uncertainties

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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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