“Lisbon, which topped last year’s rankings [by real estate broker Savills Plc] has dropped to no. 5 as rents soared in the city,” Bloomberg writes.
“Around 90% of buyers who invest in the Algarve buy second homes,” TPN writes.
Unsurprisingly, landlords are rushing to get their properties approved before the law that halts registration for more short-term apartments goes into effect. We should see many more Airbnbs in our
“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
“Following stories that landlords in Lisbon are trying to wriggle out of the cap on rent increases next year by evicting tenants, and re-renting properties at a much higher rental,
“The golden visa and other tax solutions put Lisbon on the map internationally,” says Miguel Lacerda, Lisbon Residential Director of Savills, according to Spears. “Because of that, we were able to refurbish all
“I can’t say that Portugal is the best real estate market in the world, but it is one of the best”, António Ramalho said at the Portugal Real Estate conference in
“Prime rents in the cities grew more than 13% in the first half of the year — a faster pace than anywhere else in the world,” Bloomberg writes, citing Savills
“Demand from overseas is exacerbating a housing crunch that has kept prices rising and propelled costs in Lisbon to record levels — rising almost threefold since 2015,” Bloomberg writes.
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