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Portugal’s Golden Visa updatesThe regulatory changes to the Golden Visa program, which came into force in October 2018, are designed to simplify visa applications and permanent residence permits in Portugal.

Looking at the numbers, in accumulated terms since October 2012, the foreign investment programs in Portugal have captured a total investment of 3,921,411,271.37 euros. At the time, it was an interesting strategy to circumvent the crisis in the country by encouraging the flow of foreign capital into Portugal. However, the first 7 months of this year saw a drop of 22.2% in investment raised compared to the same period in 2017.

Casas do Barlavento Sales Director’s Opinion on BrexitIt is quite clear to see that it is still vibrant in the Western Algarve with many people visiting, looking and buying. The question we need to ask ourselves is, how long is this going to last? Maybe 2 or 3 years? What we do know is that it is a perfect time for vendors, especially the UK owners, to take advantage of the conversion rate back to the pound. The serious lack of product for sale in the area is now clearly apparent, and the prices of many of the existing properties are being raised.

Two Bedroom Townhouse in a desirable, private complexCerro Novo is pleased to present this lovely two bedroomed townhouse in an elevated position within this well respected development around five minutes drive to Old Town Albufeira.
With a practical and well-proportioned layout, the townhouse features a large terrace with immediate access to the communal gardens and swimming pool, as well as two upstairs balconies from each of the bedrooms.

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