A series of tax measures brought in by the British government has prompted one of the country’s largest buy-to-let landlords to sell their entire property portfolio of 900 houses.
Fergus and Judith Wilson, former maths teachers, plan to sell the properties, all in Ashford, Maidstone and Folkestone in Kent, and realise £250 million.
Lisbon’s Expo area already has seen property prices above pre-crisis levels at over €6,000 per square meter. In downtown Oporto there has been a 60% rise in prices since 2009.
In the Algarve, prices also are more expensive, partly due to "strong demand from the British and French, thanks to tax incentives" offered by the government.
Sir Richard Branson has said that he is buying back a 400-acre estate on the island 13 years after he sold it.
The sale of the Son Bunyola estate was prompted by a row over planning permission with the local council. Former merchant banker Christian Hore purchased it in 2003.
The fabled Koh-i-noor diamond, which has been in the possession of the British Royal Family since 1850, was once the largest known diamond in the world.
It is one of the centrepieces of the Crown Jewels.
The Left Bloc wants to look at the contract between Sérgio Monteiro (pictured) and the Resolution Fund, questioning why details of his €30,000 a month deal have not been published online.
MP Mariana Mortágua has filed a Left Bloc application at the Bank of Portugal demanding access to the formal contract that pays the former Secretary of State around €30,000 a month for a year to find a buyer for Novo Banco.
Ricardo Salgado has managed to persuade the court that €1.5 million of a €3 million bail demand already paid is sufficient inducement for him not to skip the country, and again can move freely amongst us.
Salgado’s house arrest is over and the charade that he could not come up with sufficient funds to pay his own bail seems to have worked.
The number of wealthy foreign investors applying for visas to enter the UK has dropped significantly in the first nine months of 2015.
In that period, there were 136 applications for special investor visas. During the same period in 2014, there had been 780 applications.
The long overdue air service between Portimão and Bragança “will start soon” according to AeroVIP, the sole bidder to run the subsided route.
The air link now has the approval of the Court of Auditors and AeroVIP’s parent, the Seven Air Group, which originally planned to start the service in June this year, has a track record of running this route as it did so for 15 years to November 2012 until EC funding stopped and the Government refused to pay further subsidies due to budgetary pressure.
