In 2006, Prime Minister, José Sócrates, learned of an investment project through Hélder Bataglia, for the purchase of the luxury Vale do Lobo development in the Algarve.
The project relied on bank financing because potential investors wanted to use as little equity as possible and the price was high - around €230 million. Also, the value of the project could change if pending alterations were made to land zoning to limit the possibility of building in areas where building already had started.
Between the 20th and 21st of October the Portugal Real Estate and Tourism Investment Trade Show will be taking place at the Business Design Centre, Islington, London.
The trade show is taking place at a time when all major rating agencies have upgraded their rating of the country’s risk rate according to the Portuguese Investment and Promotion Agency, or AICEP. At the moment Lisbon has been perceived as a European key-destination for FDI in investment into real estate and tourism.
This scintillating residence overlooking the Salgados Golf Course is the latest addition to our Signature Collection of unique Algarve Property.
In one of the finest, secluded positions in west Albufeira, this five bedroom villa occupies a location adjacent to Salgados Golf and Nature Reserve and is just 1km to the famous Praia Grande beach.
See a selection of beautiful October properties from award winning real estate agent, Exclusive Algarve Villas.
Replace your entrance door, maintaining the original style of your historic building.
If you have an old entrance door at your home and you want to replace it with another better performing one without losing the original style, this is the right article for you.
“According to research from World First, Portugal is the 3rd best place to invest in buy-to-let property in Europe with an average rental yield of 6.43% and Turkey is the 7th, holding a strong average yield of 5.91%. These yields prove that despite Brexit, investing outside the UK, can bring strong investment returns."
Image conscious vulture fund, Lone Star, which is in the middle of sensitive negotiations to acquire Novo Banco from the Resolution Fund - at a vast loss to Portugal’s taxpayers - has put its Vilamoura World development up for sale, including the marina.
Sales agency CBRE, which also is trying to punt the Salgados Praia Grande ‘eco-resort’ on behalf of MillenniumBPB, has been appointed to sell off the Vilamoura asset for the US fund, in parcels or as a job lot - either way, the Americans want out.
We get it, tons of estate agencies are out there wanting to help you purchase a property in Lagos and the Algarve, and everyone will tell you they are the best. But “World's number 1 coffee” isn't usually the best coffee out there, is it?
Let us tell you why we really are different...
