The Western Algarve continues to be an attractive option for those looking for a quieter, nature-orientated lifestyle in a beautiful and genuine setting. The Algarve is indescribably beautiful and all of its regions are gorgeous!..but the Western Algarve, and in particular the Western Algarve Coast, is considered the most favoured in the south of Portugal. … Weiterlesen …
According to the Bank of Portugal (BdP), one in five new loans was granted to foreign citizens, whether residents or non-residents in Portugal The share of foreign citizens (residents and non-residents) in the total stock of real estate credit increased from 6.9% in December 2022 to 8.2% in June 2024. These figures, reflecting the analysis … Weiterlesen …
The changes to the IRS for 2025 promise an increase in disposable income for most workers and pensioners. The IRS has undergone a number of changes, introduced through the OE 2025, the effect of which will be partially felt in the coming months, through withholding tax, and with the final adjustment scheduled for when the … Weiterlesen …
According to analysts, the Algarve property market is set to outperform many international real estate markets.This strong performance is expected to be driven by high demand, limited supply, and sustained international interest. Price growth is anticipated to remain healthy, with investors likely to benefit from capital gains that could surpass those seen in the UK, … Weiterlesen …
In 2024, Portugal’s real estate sector once again reached record-high figures, with housing sales increasing by approximately 13%. Although this growth is significant, real estate agencies acknowledge that 2024 was a much better year for the market than 2023. However, while expectations for 2025 remain optimistic, they are more moderate. While foreign buyers continue to … Weiterlesen …
Around 8% of homes listed for sale in December 2024 were off the market in less than a week. According to data from Lusa, 20% of homes remained on the market for one week to one month, 31% for one to three months, 32% for three months to a year, and 9% for more than … Weiterlesen …
Step 1: Get a lawyer It is advisable to use a Portuguese speaking broker and solicitor who knows their way round the system. Note: Many solicitors speak English and French but the purchaser may wish to use the services of a translator for documents and the official signing. Step 2: Find an estate agent The … Weiterlesen …
