The liquidator of Rioforte Investments, part of the Espírito Santo Group, today announced the suspension of all activity related to the sale of Herdade da Comporta, the large farm and luxury residential estate favoured by Espírito Santo clan members.

"In the light of ongoing procedures, we are sorry that the receivers of Rioforte Investments have no choice but to suspend the sale of assets in Herdade da Comporta - Atividades Agro-silvícolas e Turísticas S.A.  and in Herdade da Comporta - Fundo Especial de Investimento Imobiliário Fechado,” according to a statement posted on the official receiver’s website.

Lisbon is a city of many faces. Known as A Cidade das Sete Colinas (The City of Seven Hills), Rainha do Mar (Queen of the Sea) and A Cidade da Tolerância (The City of Tolerance), it is an intriguing destination that combines an old-world charm with a sleek modern offering. From the chic shopping streets of the Chiado to the vibrant nightlife of the Bairro Alto, it is a city with delights hidden around every corner.

Lisbon's history as a port is an important part of the city's heritage and still offers a bustling trade today, with cruise ships, pleasure boats and goods vessels docking in the Queen of the Sea's harbour from all over the world. At present, the dockside is humming with boats participating in the Volvo Ocean Race, ready for the In-Port Race on 6 June 2015, with the leg to Lorient starting the following day.

We are pleased to announce that the management at Martinhal has taken over the 4-star villa resort previously known as “Monte da Quinta Club” since April, and that we are doing a soft-opening of the “Martinhal Quinta Family Resort” from 1 June 2015 in Quinta do Lago, Algarve.

The reopening of this resort in the prestigious Quinta do Lago area with the “Martinhal” brand signifies the first step in the Martinhal expansion outside of the Martinhal Sagres Beach Family Resort & Hotel.

As the old English saying goes – The proof of the pudding is in the eating! Delighted couple, Mike and Betty Stinton sold their Algarve property after just three weeks of it being featured as Meravista.com’s Property of the Week.

Anyone who’s put their property up for sale will tell you that the word ‘sold’ is music to the ears. For some it can be a long haul but, with the help of Meravista.com, for the Stintons the champagne barely had time to chill.

Decree-Law nº63/2015 of 23 April modifies the Local Lodging legislation passed last August. 

While most of the standards remain in place, a few areas have been updated with special emphasis on Hostels.

In the western Algarve is the modern municipal gem called Lagos. As you enter the town you are presented with a grand promenade fronting a marina filled with yachts and other pleasure craft. Past the marina is the old town, with all its restaurants, shops and winding lanes, which is no less beguiling. Yet with all this to distract you, it is impossible to ignore what you are forever seeing south of town: the famous sea cliffs and their turquoise waters.

Portugal's economic progress through the eyes of a leading housing expert.

As embarrassing moments go, having to approach the rest of the world cap in hand for a bailout for your country is pretty much up there with the worst of them.

Judge Carlos Alexandre quietly has been authorising the seizure of hundreds of properties ostensibly held by bankrupt Grupo Espírito Santo subsidiary Rioforte, but in reality many of them were held in the name of former BES chief wizard Ricardo Salgado.

This is another example of a pre-emptive strike by Portugal’s increasingly adept judiciary following on from the seizure last week of property and bank account balances in the name of João Rendeiro, former boss of Banco Privado Português who in a separate case is accused with others of defrauding investors of €41 million.