News

After Europe, the Bolhão project recognized as one of the most impressive in the world

After recognizing the excellence of the project at the European level, the requalification and modernization of the Mercado do Bolhão (Bolhão Market) once again won the jury of the Urban Land Institute (ULI). Known this Tuesday, the Global Awards of Excellence distinguished the "six most impressive projects in the world"

Portugal First Half Home Sales Slump 20% as Golden Visa Ends

Property prices not expected to drop in the near future. Amid housing crisis, demand continues to outpace supply.

Portugal Expects 8.7% Home Price Surge in 2024, Despite Golden Visa Program Changes

The approval of new changes to Portugal’s Golden Visa Program, part of the “More Housing” bill, will not affect property values, as home prices are forecast to increase 8.7 per cent next year, according to a report from Property Market-Index.

IMF predicts Portuguese growth of 2.3%

The IMF predicts growth in the Portuguese economy of 2.3% this year and 1.5% in 2024 and a reduction in the inflation rate to 5.3% in 2023 and 3.4% in 2024.

Record number of new companies created in Portugal

2023 is "the best year ever" in the creation of new companies, says Informa D&B, reporting that, by the end of September, 39,042 companies had been created in Portugal, 5.6 percent more than in the same period last year.

Portugal offering more for your money

Christina Hippisley, General Manager of the Portuguese Chamber of Commerce in the UK, said: “Many of the property buyers we talk with are pleasantly surprised by just how much more they can get for their money in Portugal. Given the cost of living in Portugal is also lower, there’s a significant financial case to be made for starting a new life in the sun.”