And shockingly, “the Portuguese Association of Real Estate Developers and Investors issued a statement describing the forced rentals as ‘an attack’ on private property,” according to Bloomberg.
“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
“Around 90% of buyers who invest in the Algarve buy second homes,” TPN writes.
“Although more than 30,000 foreigners have benefited from Portugal’s golden visa, its benefits for the Portuguese themselves are less clear,” Foreign Policy writes. A nice, concise overview of the pluses and minuses
Portuguese Insurance Association (APS) chief Jose Galamba de Oliveira said seismic risk “is the greatest catastrophic risk to which the national territory is exposed, with losses that can reach 20%
“Scrapping VAT on essential food products while also helping producers in the process will cost Portugal around €600 million, Prime Minister António Costa said after his government signed a deal
Today we present a motion that reminds us that the right to housing is a fundamental right and that in today’s Portugal this is not happening,” said António Morgado, according
“[International Monetary Fund’s director for Europe] Alfred Kammer recognized the housing crisis in the country, considering that ‘the most worrying thing is the affordability of housing and renting,’” according to
“The state is saying that we are going to force the private sector to rent out their vacant properties, but municipal councils and the state do not rent out their
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