On November 28, the Government approved a decree at the Council of Ministers that relaxes the Land Law, enabling municipalities to release land, including rustic plots, for the construction of public or low-income housing. The decree aims to simplify and make land-use legislation more flexible, allowing municipal councils to unlock plots for residential construction. This … Lees meer
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, … Lees meer
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 … Lees meer
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 … Lees meer
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 … Lees meer
For those who have a Portuguese Residency Card (Cartão de Residencia), a Portuguese Tax Code (Numero Fiscal de Contribuinte), a Portuguese bank account (Conta Bancaria em Portugal), proof of regular income and/ or contract (Contrato) with an international or national company in Portugal, and a good credit rating it is fairly easy to take out … Lees meer
Marcela Properties was distinguished by IPMEI, in partnership with Portugal’s Tourism, as PME Líder 2019. The Institute of Support to Small and Medium Enterprises and Innovation (IPMEI), in a partnership with Portugal´s Tourism office, created an award that recognizes SMEs that present superior performances. In the last year, Marcela Properties was elected as SME Leader … Lees meer
