Sara Sequeira 
On November 28, the Government approved a decree at the Council of Ministers that relaxes the Land Law, enabling municipalities to release land, including rustic plots, for the construction of public or low-income housing. The decree aims to simplify and make land-use legislation more flexible, allowing municipal councils to unlock plots for residential construction. This … Lees meer
The May 2024 results of the PHMS RICS/Ci point to an overall stabilization of conditions in the housing sales market, as most metrics remain in neutral territory. On the other hand, the trend of increasing demand in the rental market is consolidating, where the lack of new properties coming onto the market persists. Regarding demand … Lees meer
The new simplex for urban licensing emerges as a promising initiative to boost the real estate market, aiming to increase the supply of housing by converting commercial properties into residences. This ambitious proposal seeks to simplify and standardize the licensing processes in municipal authorities, eliminating unnecessary bureaucracy and facilitating the buying and selling of properties. … Lees meer
If you are on holiday in the Algarve or anywhere else in Portugal, be safe in the Sun. Don’t fool yourself – the sun does burn. Here are some Sun Safety Tips to help you take advantage of Algarve’s beautiful sunshine and be safe as well: Enjoy the sun but protect yourself.
The Global Peace Index finds that the world became more peaceful for the first time in five years, with the average level of country peacefulness improving slightly by 0.09 percent. Alongside the country’s weather best conditions, Portugal is probably less known for its improving level of safety around. In case you were wondering about buying … Lees meer
According to analysts, the Algarve property market is set to outperform many international real estate markets.This strong performance is expected to be driven by high demand, limited supply, and sustained international interest. Price growth is anticipated to remain healthy, with investors likely to benefit from capital gains that could surpass those seen in the UK, … Lees meer
Individuals entering or leaving Portugal with cash amounts of €10,000 or more, traveling to or from territories outside the European Union, are legally required to declare these amounts to the Tax Authority (AT) and make them available for inspection. This measure, aligned with European Union directives, aims to combat illicit activities by preventing money laundering … Lees meer
