As Vale de Lobo’s 50th anniversary celebrations draw to a close the resort received an additional accolade as 'Portugal’s best Golf Resort - 2014' at the ‘Today’s Golfer’ travel awards.
Vale do Lobo's CEO Diogo Gaspar Ferreira commented, “We are hugely proud once again to receive this award at the Today’s Golfer Travel Awards.
Well if ever there was confirmation of the recovery in the UK's residential property market it is the first data covering 2014 which suggest this year will be a strong one. The first index of the year from Rightmove shows asking prices increased by 1% this month.
This might not immediately sound too impressive, but when you realise that they increased just 0.2% in January 2013 and have fallen 0.2% on average in the month of January over the last decade, then it is indeed pretty impressive.
In a ruling that will depress many struggling householders, the Court of Appeal in Évora has decided that the handing over of a property to the bank does not abolish the mortgage when the sale of the property is less than the amount owed to the bank, and ordered the seizure of the former householder's wages.
Millennium BCP bank lost the last round when the court in Portimão decided not to seize wages from a debtor's salary having received and later sold the householder’s property, but has won its case on appeal in the Court in Évora.
Central Algarve 1, 2 & 3bedroom Luxury Townhouses and Apartments from €125,000 (60% off). This is a unique opportunity to buy a fantastic, 2 bedroom townhouse in Albufeira, Portugal. These townhouses are set amongst 20,000 sq. metres (roughly 5 acres) of lush green gardens with a large swimming pool for adults, and a childrens' pool.
You can relax in this tranquil oasis whilst still being conveniently close to local amenities, the beach and golf courses.
This week's picturesque selection from Nubricks focuses on the most stunning properties in Portugal. Featuring a lovely property in a peaceful setting in Lagos, a recently renovated villa with gorgeous views, balconies with excellent exposure, and a pool to cool off in after a hard day's relaxing in the sun.
UK House Prices vs Supply, Immigration, Population Growth and Demographics Crisis... see the forecast to 2019.
The Association of Professionals and Real Estate Companies of Portugal (APEMIP) has estimated that about 2,500 properties were handed back to banks to settle owners’ debts last year, a decrease of 54.5% compared to 2012.
Lisbon and Oporto remain the most affected areas in the country.
The outlook for the UK residential property market in 2014 is looking rosy with experts across the spectrum predicting further growth in the new year. But the key issue is that the growth that has been spectacular in London is set to spread out across the country and there are already signs of this happening.
Indeed, the UK housing market is almost unrecognisable from 12 months ago. Not only have average prices climbed to record highs but there has been growth in sales and prices nationwide.
