“Luxury American real estate agency The Agency, known for the Netflix series “Buying Beverly Hills“, is coming to Portugal and will hire 30 people, with the aim of raising €500 million in real estate in the first year,” according to TPN.
There were about 7,000 Americans living in the country at the end of 2021, more than double three years earlier.
Apparently, expats aren’t super happy with career opportunities in the city, for one, but also transport, “health and environment” — is it because we all smoke? — and other issues.
“[Ben] Mitas and his wife, Megan, moved to Portugal from Florida in 2019, renting a four-bedroom apartment for 2,500 euros (or about $2,700) a month in Campo de Ourique, a
The good folks at Mensagem de Lisboa have a good report on the battle over the new venture by Uber founder and former CEO Travis Kalanick. Namely, some residents are
“Housing groups said the measures would mean little if the government continued to promote other policies to attract wealthy foreigners to Portugal, such as the “Digital Nomads Visa” introduced in
“[Foreign] buyers are willing to pay more than twice as much as domestic buyers for a home in Lisbon, the country’s National Statistics Institute said in a report in April, exacerbating concerns
According to, Rachel Sanderson, writing for Bloomberg, “Southern European policymakers won’t give up offering incentives to lure the restless global elite. A toxic mixture of long-term low growth, high debt and stubborn unemployment
The term gentrification is often used, and it doesn’t always fully describe what is happening in our cities. Some local academics aim to change the discourse.
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