Known for its stunning beaches, world-renowned golf courses, and mild climate year-round, the Algarve region increasingly attracts investors looking to acquire exclusive properties. High-end villas, sea-view apartments, and private mansions are among the most sought-after options. The luxury market stands out not only for its prime location but also for its high-quality finishes, modern design, and...

Portuguese households under the regulated electricity market will see their bills climb by an average of 2.1% starting January 1, 2025. This increase was announced by the Energy Services Regulatory Authority (ERSE) in December.ERSE clarified that for standard users in mainland Portugal, tariffs will generally rise by 2.1% both on an annual and monthly basis.This adjustment follows ERSE’s proposal in...

AFA Real Estate, building on the success of Savoy Residence, introduces Lodge, a new brand focused on the premium market. Lodge prioritizes accessible, functional, and modern design, maintaining a commitment to location, quality, sustainability, and comfort. The debut project, Lodge | Torrinha, located in Funchal, represents a 40 million euro investment. This development will feature 106 apartments, slated...

Sonae Sierra and PGIM Real Estate's partnership has revealed its second Portuguese property acquisition. Their latest venture is a lavish Lagos resort, designed with 158 accommodations split between a hotel and upscale residences. The groundbreaking is planned for early next year, backed by a 60 million euro investment.Positioned directly on Meia Praia's shore in Lagos, this opulent resort will feature 158...

Lisbon is solidifying its status as a premium European real estate destination, with a promising market forecast. Engel & Völkers predicts significant shifts in Lisbon's property landscape come 2025, fueled by evolving buyer preferences, a surge in demand for eco-friendly homes, and the influence of fresh economic forces.The luxury real estate firm pinpoints three pivotal trends poised to redefine...