Portugal had an impressive stance in technology in recent years. Gradually becoming a bigger tech hub, the country attracts tech giants and entrepreneurs from all over the world. The capital Lisbon is selected by the Lonely Planet as one of the most popular cities in Europe for digital nomads. Lisbon became also the third best […]
2020 has been a chaotic year. Covid-19 took its toll on almost every branch of business. Real estate sectors of countries were not spared from the misery. Yet, Portugal’s real estate market continued its success. The growth rate of the market decelerated. Still, Portugal’s property sector managed to record growth in all three quarters of […]
The World Travel Awards is a very prestigious organization. Choosing the best performers of tourism each year, the WTA is active since 1993. Its mission is to analyze and evaluate the tourism sectors at the global level. The competition takes place in many categories. These include “Best City Break Destination”, “Best Adventure Tourist Attraction”, “Best […]
The National Statistics Institute (INE) of Portugal published its reports on property transactions of 2019. The Institute gathers the information through administrative sources. These sources include registry and notary offices. The data-collecting work is done by the Directorate-General for Justice Policy of the Ministry of Justice. According to the statement, almost 9% of the property […]
Tourism in 2020 prioritizes safety and healthcare. Due to Covid-19, tourists want to make sure that their travels are safe. Aiming to provide safety, Portugal launches a new travel insurance model. This new model covers Covid-19-related problems. The new program is launched by RNA Assistance Insurance. The program covers surgical, pharmaceutical, and hospital expenses related […]
Confidencial Imobiliario recently published its report for the first half of 2020. According to the report, housing prices in central Lisbon are 2.9% higher than the last semester. The Price Index of the Historic Center of Lisbon suggests that the long-term decrease continues. The long-term assessment of the report “remains in negative territory, with a […]
Greece is a popular destination among international real estate owners. Still, the Mediterranean country wants to lure even more foreigners. The government considers ways to make Greek properties more enticing for foreign buyers. It is also reported that there is a growing interest in Greek real estate from the colder European countries. Pensioners often include […]
The success story of Portuguese real estate begins in the previous decades. During the global financial crisis of 2008, Portugal’s economy took some blows. The negative impact of the recession resulted in high unemployment rates. Portuguese youth -including an educated and qualified workforce- could not find jobs. Looking for alternative routes for themselves, these members […]
Covid-19 staggered the transactions in almost every sector. Real estate is no exception. Still, Portugal is one of the countries that managed the process well. Now that the threat of the pandemic is diminishing, Portugal aims to bring back its property sector. The Portuguese Association of Real Estate Developers and Investors (APPII) has some ideas […]
Covid-19 harmed almost every sector, in every region. Real estate is no exception in this. Yet, Portugal’s real estate market seems to not notice the crisis. Through all the chaos, Portugal property sector marches upwards. Two recent analyses affirm this statement. Both Knight Frank and Imovirtual confirm that Portugal real estate continues to grow. Lisbon […]