Record Tourism, Golf And New Residency Laws: Booming tourism, discounted property prices and incentives to attract more foreign buyers have begun injecting confidence back into the Portuguese property market as the last quarter of 2013 gets under way.
The Algarve’s beaches, championship golf courses and welcoming resorts are drawing foreign visitors in numbers similar to the years before the economic downturn.
The Direcção-Geral do Território (DGT) has initiated the creation of a Cadastral record in the municipality of Loulé. This is an administrative record of property ownership and is being created for the first time. Owners of property are requested to mark the boundaries of their property and to submit a declaration of title (Declaração de Titularidade).
The French property market will be given an immediate boost thanks to government changes to capital gains tax (CGT), according to Overseas Property and Finance expert Simon Conn (www.simonconn.com).
The local newspaper tells us the Portuguese property market has reached bottom, and the green shoots of revival are at last showing. I've asked them where they buy their happy pills because the rest of us would like to take some and get high as well, writes John Clare.
Meravista, the newest property website for the Algarve in Portugal, has always claimed to do things a little differently. When it listed Silves Castle for sale and promoted it in the local media, it did just that.
The rapid growth of the Internet in recent years has changed the way people search for residential and investment property.
Sale of a busy Commercial Premises in Albufeira, Algarve – next to a shopping centre - a sound business opportunity.
I have just returned from a lengthy trip around the UK. I stayed in hotels, but I was never quite sure which country I was in. It was like touring round Europe.
