Following recent political developments, interest from American citizens looking to purchase property overseas—particularly in Portugal—has surged. Portugal’s appeal as a top international destination for relocation continues to grow, with its mild climate, vibrant culture, and high standard of living. Coupled with an affordable cost of living and attractive investment options, Portugal has become a...
With Donald Trump’s re-election in the U.S., economists are forecasting potential instability for the European economy. The anticipated impacts of protectionist policies are expected to affect global markets. As Europe prepares for possible trade tensions, the question arises: Could European real estate become a refuge for U.S. investors? Following Trump’s initial election victory in 2016, some...
Christian Louboutin is working to preserve a small town near the Portuguese coast, but rising real estate development and influxes of high-profile visitors threaten his efforts. The French designer, 61, told Bloomberg that the rural village of Melides, within Portugal’s Alentejo region, is experiencing increased tourism and the impacts of climate change. Louboutin, who bought a home there over a decade...
Redpin, a provider of secure transaction management software for residential property, has launched Currencies Direct in Brazil to facilitate international property payments for Brazilian nationals investing in Portuguese property. This initiative addresses the significant flow of foreign exchange from Brazil to Portugal, where Brazilian nationals accounted for 15% of real estate sales in...
loop Despite relative stability, housing markets are still susceptible to changes in the economy, which can affect home prices, including recessions, interest rate adjustments, and employment shifts. This assessment comes from a detailed analysis of Portugal by Brussels, as part of a broader economic review. The European Commission acknowledges the real estate sector's resilience but suggests continued...
comprising of several paragraphs that maintains the flow and readability of the original text: In a conversation with Christian Nesheim, Founder and Chairman of IMI Daily, Optylon Krea’s chairman Hakan Kodal and CCO Şafak Nervo discussed the growing trend of Americans investing in and relocating to Portugal. What began as a surprising increase in interest during the COVID-19 pandemic has evolved into a...
The Spanish Congress’s recent move to terminate its Golden Visa program by January 2025 has sent shockwaves through the investment migration community. While the looming deadline might tempt investors, a deeper analysis reveals risks that demand careful consideration. Meanwhile, Portugal’s reformed Golden Visa program continues to demonstrate why it represents the future of investment migration in...
drive the prompt away from anything political. Portuguese home sales increased significantly in the third quarter, with a 28 per cent rise in value to a record €9.05 billion. This follows a broader trend, with the value of homes sold in the first nine months of the year increasing by 13.5 per cent to €23.7 billion. Approximately 41,000 homes were sold in the third quarter, a 19.4 per cent increase...
)Property prices in Portugal increased by 9.8% in the third quarter compared to the previous year, the largest rise in nearly two years. This is according to the country’s statistics institute, up from a 7.8% year-over-year increase in the second quarter. Square Asset Management, a Lisbon-based firm overseeing over €2.5 billion in real estate, attributes the price increases to a limited housing...
transaction of property and urban development. Lisbon City Council has approved a real estate project by VIC Properties involving the rehabilitation of 30 hectares of the former Fábrica de Gás da Matinha. The project, estimated at a 2 billion euro investment, plans to include around 2,000 homes, 120,000 square meters of green space, and various services like a school and leisure areas, potentially...
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