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Espírito Santo clan fights to keep control of Comporta Estate - whatever it takes

comportaestateThe Comporta Estate, the former 'jewel in the crown' of the Grupo Espírito Santo empire, the summer playground of its family members with miles of pristine beaches and development land has become a battleground with 'the clan' using every trick in the book to regain control of the business.

The dream fell apart in July 2014 when Banco Espírito Santo, run by clan chief Ricardo Salgado, went bust after reporting a record net loss of €3.58 billion due to its exposure to a tightly controlled network of Grupo Espírito Santo companies.

Don't pay your timeshare maintenance bill until you've spoken to Timeshare.lawyer!

Don't pay your timeshare maintenance bill until you've spoken to Timeshare.lawyer!While early November has seen sterling rally a little against the euro, the pound's value has been heading broadly downward ever since the 'leave' result of the UK's referendum to leave the EU. On 5 October the pound fell to a five-year low against the euro and on 17 October it hit a six-year low.

With Brexit negotiations and political upheaval set to continue for at least the next two or three years (if not longer), the impact on UK citizens is significant. This is particularly so for those who have previously purchased a timeshare property elsewhere in Europe. These families are now finding themselves faced with maintenance bills in euros that are substantially more expensive than they were this time last year, due to the fluctuations in the exchange rate.

Exclusive Algarve Villa´s November News

EA VillasA selection of November's new listings from award winning Algarve estate agent, Exclusive Algarve Villas.

Indulge in a spa property for total body, mind and financial wellbeing

Indulge in a spa property for total body, mind and financial wellbeingAccording to the most recent report published by Allied Market Research, the global spa services market is forecast to reach an incredible $154.6 billion by 2022.

Far from being a rare indulgence for the affluent, wellbeing has increasingly become a part of everyday life for many around the world with a marked rise in demand for medical spa treatments a key driver of this shift.

SeaToSky Homes - helping buyers find their ideal property across the region

SeaToSky Homes - helping buyers find their ideal property across the regionAt SeaToSky Homes we focus on the areas of Silves, Lagoa and Lagos through to the west coast of the Algarve. Juliet, Tania and Natasha work together as a team to help buyers find their ideal property across the region. Together we have well over 20 years experience in the local property market.

Natasha focuses on the western Algarve, particularly the Lagos to Sagres region, which features the quaint fishing villages of Luz, Burgau and Salema, plus the stunning coastal area of the Costa Vincentina Natural Park with its pristine beaches and wild beauty.

Golden sunshine and golden visas draw wealthy foreigners from far and wide to Portuguese property market

Golden sunshine and golden visas draw wealthy foreigners from far and wide to Portuguese property marketWith its economy rebounding and property prices on the up, Portugal is setting about building a future that guards against the economic vulnerabilities of the past.

One method of doing so has been to court wealthy foreigners by promoting the attractions of property ownership in Portugal and the Portuguese lifestyle, as well as the Iberian nation's value as an entry point into the Schengen Area.

New versus old – which foreign property is right for you?

New versus old – which foreign property is right for you?As the summer comes to a close, some people will still be thinking longingly about their holidays and wondering whether to buy a property abroad.

If you do decide to purchase, there are some big decisions to make, one of which is whether to buy a new or old property.

Overseas property expert, Simon Conn, who has more than 35 years’ experience in the market, said: “A client has two choices. Either they buy a property which is already built and they can see exactly what they are getting, or they buy it off plan, often as part of a community with all the promise of what will also be built.

€300 million business park and shopping centre planned to the south of Loulé

louleBusParkThe Economy Minister attended a presentation at the 2016 Lisbon Property Show at which a 60 hectare development plan was unveiled for the Loulé area.

A 'technology center for business innovation' to including shops, a wellness centre and leisure facilities, situated near the Via do Infante motorway’s Loulé junction, certainly was the largest real estate investment launched at the show.