“Ridiculous and discriminatory” are some of the more polite descriptions of Loulé council’s insistence that retailers and business people at the Bougainville Plaza and Quinta Shopping centers should pay for car parking throughout the summer months.
To make a point and gather more signatures for a petition against the parking charges, which act as a further tax on doing business in the Algarve, the traders had a party to celebrate the first day of the wintertime free parking period.
A new law on tourism rentals makes it mandatory for any individual letting property to register with the Tax Department as a business activity. The law comes into effect on 27th November and also demands that all persons letting property for short term tourism register with their local council for Alojamento Local (“AL”).
AL registration has been in place for some time but the new law alters the procedure for registration and includes the necessity to produce proof of the registration of a business activity by production of an “inicio de actividade” form submitted to the tax department.
According to PortugalBuyingGuide.com and Smart Currency Exchange the Portugal property market is on the way up. It’s a really exciting time for the Portugal property market, and a good time to be buying in the Algarve in particular, with some great opportunities for investment.
There are a number of new developments in progress and a move towards a re-sale market, following the already-built new developments selling quickly. August and October are traditionally busy months for Portugal property buyers, and there is a very positive feeling of the market coming back.
Now that the summer season has ended, new property listings are coming into the market. This is the time to book your visit and view some of the most beautiful properties in the Algarve.
Below are just some of the few properties we are featuring this month, but many others are waiting for you.
Visit them any day of the week - call us today with your specific property needs at +351 282 353 019 or email us at info@eavillas.com.
SHS Solar Solutions offers PV Solar installations to be partly or completely independent from the ever increasing Electricity Net. A small solution with only 8 panels produces already a maximum of 20kw per day, larger installations like 16 or 20 panels will bring the production up to max. 50-60kw per day !! So is this all you need to do?
Buyer demand and transactions are increasing in Portugal, with prices rising in the Algarve and staying stable in Lisbon, latest market figures show, while ‘Golden Visa’ sales, lead by the Chinese, reach €817million
Property prices in Portugal are close to stabilising and the market has been boosted by rapidly rising ‘Golden Visa’ sales from Chinese buyers and high taxes on the wealthy in France, say experts.
Quinta do Lago invites you to enjoy a truly unique experience of living.
Recognized as one of the best Europe’s golf and beach destination, here you can find unparalleled facilities and a staggering array of events, from picnics in the park to sunset parties or golf clinics.
For sure the market has picked up. Sales trends are rivalling that of the peak in 2005-2006 but what has changed since that period?
Well the number of potential buyers has returned and indeed they are buying but there is a significant difference in their expectations.
