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The political whirlwind stirred up by the UK's historic vote to leave the EU on 23 June 2016 will have far-reaching consequences. The pound has proven particularly sensitive to the news, falling below $1.31 in early July, a low it hasn't seen for more than 30 years.
Those holidaying overseas this summer have found that their break is noticeably more expensive than it would have been pre-referendum, but the same doesn't have to be true for those buying property abroad.
Airbnb’s first report examines the economic impact of home sharing in Lisbon, following similar reports in London, Paris, Amsterdam and Barcelona, writes the National Association of Local Lodging Establishments, NALLE.
According to the report, the Local Lodging is a new economic engine that is helping to grow and diversify tourism in Lisbon and Portugal.
Overseas property and finance expert, Simon Conn, has over 35 years’ experience in the overseas property market and in this article, gives his opinion on overseas property investment in the wake of our decision to leave the European Union.
Since Brexit, there have many different comments in the press about how people feel the market and economy will develop during the next few months and most, unfortunately, have been rather dour.
2016 has been a remarkable year, with paradigm shifts in terms of European Politics and now Portuguese football!
2016 also sees a celebration of 35 years successful trading and solid growth in Albufeira, marked by a fabulous anniversary cocktail party at our offices on Friday 8th July.
Demand for Spanish property has reached a 10-month high, TheMoveChannel.com's Top of the Props report reveals. The country raced to the top of the property portal's charts in June 2016, becoming the most popular country among overseas property buyers for the first time since September 2015.
• Spain most popular country for first time since September 2015
• Interest rises in French and Portuguese property
• Irish property in TheMoveChannel.com's Top 10 for first time
In the year of NASA’s first Space Shuttle mission and with Ronald Reagan as the new US President, some early property pioneers from the UK were opening one of the first full-service Estate Agencies in Albufeira and the central Algarve.
Allan Edwards, as his father before him, had developed experience of the Portuguese Property market through their investment in Cerro Grande, an upmarket neighbourhood in west Albufeira, amongst other prestigious projects in the Portuguese capital, Lisbon.
Allan and his new team soon realised that (often) foreign buyers of these new properties needed trusted service and assurance whist they were away: and who better to do this than the people that originally designed and built their houses and apartments!
Now you can showcase your Algarve holiday rental property on new holiday rental website Holidirect.com looking its absolute best.
We are pleased to be working with the wonderful Dave Sheldrake Photography to offer Holidirect customers a fabulous Property Photo Shoot for just €50.
Just contact Dave Sheldrake quoting your Holidirect listing number and he will work his magic!