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Archive for 'News'

Travel to and holidays in the Algarve: what can we look forward to?

Air travel restrictions will be partially relaxed in the coming weeks
Tourism travel likely to resume on more popular routes
In-flight social distancing may mean higher prices
For safety and security choose an AlmaVerde villa holiday

Beliche beach and cliffs, Sagres


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Portugal relaxes some lock down restrictions

Portugal relaxes COVID-19 lock down rules but maintains strict hygiene and social distancing


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Portugal outperforms in containing pandemic

Why has Portugal not been as badly hit by the pandemic as other European countries?
How has Portugal performed so far?


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Europe’s latest tech hub and entrepreneur paradise is Portugal! You’ll never guess why…

Portugal is Europe’s newest tech hub. But you wouldn’t know it if you didn’t know where to look.

Portugal euro business


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Portuguese economy in positive territory but deflation is a problem

Portugal makes clean exit from bailout
Demand for Portugal’s bonds drives down yield
Positive trends in economic climate and GDP continue
Deflation is an obstacle to growth… but will the ECB act?

European Union currency - 100 euros banknotes


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10 reasons why NOW is the best time in a generation to buy Algarve real estate

Portuguese property values have been static or falling for the past 6 years, but there is plenty of evidence to suggest that the cyclical downturn is coming to an end. Here are 10 reasons why the market is poised for recovery, and why now is the best time in 25 years to buy Algarve real estate:

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2013 the “best year ever” for Portuguese tourism

Statistics for 2013 show healthy growth from external markets
Tourism contributes to a positive trade balance and job creation
Further growth limited by lacklustre domestic demand

Ponte da Piedade, Lagos

Ponte da Piedade, Lagos


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Enforcement of Alojamento Local legislation likely to be stepped up

The law (Decreto Lei no. 39/2008) requiring all holiday rental properties to be licensed for alojamento local (“AL”) has now been in force for nearly six years.

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Portuguese Golden Visa scheme delivering decisive market stimulus

The Portuguese government offer, launched in August 2012, to grant residency to non-EU nationals purchasing property to the value of €500,000 has already delivered a “decisive stimulus” to the property market, to quote a government spokesperson.
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Portuguese energy efficiency certification welcome but process flawed

The Portuguese law changed in August 2013 such that all properties being advertised for sale must have a valid Energy Efficiency Certificate. Otherwise owners can be fined from €250 to €3,740, while estate agencies advertising uncertified properties can be fined from €2,500 to €44,890.

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