There is no denying that the Portuguese property market has suffered in recent years, with house prices dropping and many new developments standing unfinished.
However, we clearly have a strong affinity with Portugal with approximately 80,000 British people living there and OPP reporting that 53% of homes currently being bought are by UK residents.
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Quinta do Lago are offering specific incentives on key properties including a Laranjal golf membership, Q Landscape services and Concierge Elite service. Contact them today to learn more, or start by browsing the homes featured HERE.
T: 351 289 390 700
W: www.quintdolago.com
Since launching in April this year, property website Meravista has revamped its unique map function and added thousands of homes for sale across Portugal’s Algarve region.
The Algarve’s newest property portal has improved its map feature to make it even easier and quicker for users to see the number of properties for sale in their chosen location. The map’s loading speed has been optimized, pushing it into the number one spot as the fastest property map platform available on the internet.
More calls for UK stamp duty to be scrapped as super suburbs become the new buzz
It is official, the UK has the highest property tax in the world and now there are more calls for it to be scrapped and for proposals for a mansion tax that still linger to never be brought to fruition.
Today an influential group of MPs, the Free Enterprise Group, have told British Chancellor George Osborne that stamp duty should be scrapped on properties worth under £500,000.
(Reuters) - When Edward Hu bought a holiday home in Portugal's most popular tourist spot in September, the Chinese agricultural entrepreneur got a Europe-wide family travel permit thrown in for as long as he owns it.
"It's one of the biggest advantages of investing in Portugal," says Hu, 33, from Chengdu in southwest China, who paid 560,000 euros ($750,700) for a semi-detached property near the beach in the southern Algarve.
Since the start of 2013, 200 ‘millionaire’ pensioners have made the move to Portugal!
A recent report has revealed that since the start of 2013, 200 ‘millionaire’ pensioners have made the move to Portugal, and this can be attributed to a new tax incentive specifically designed to attract wealthy new residents.
The new incentive allows pensioners who opt to spend some of each year in Portugal to apply to become completely exempt from tax on a foreign-sourced occupational pension.
Estate agents in Murcia, Spain, are preparing for a busy time ahead after it was confirmed that the opening of the much awaited Paramount Theme Park in the region is set for the second half of 2015.
Premursa, the promoter behind the park and lifestyle centre, announced that it has awarded construction contracts to the value of €72 million so that work can start on the first phase of construction.
