In 2018, 19,912 homes were sold to non-residents in Portugal, 14.5% more than last year. In global terms, sales to foreigners represent 8.2% of the total purchases made last year (242,091 properties).
The property of the week is a beautiful modern villa in Cascais. It sits on a total surface area of 640 m2 (6888 ft2), with 7 bedrooms and 6 bathrooms. The architectural style of this property accentuates its impressive features.
At the end of October owners will have to register their dogs, cats and ferrets in the pet information system (Sistema de Informação de Animais de Companhia - SIAC). The fee is 2.50 euros and covers 2019 and 2020.
For the first time, the World Tourism Organization (UNWTO) has awarded a distinction to the destination in the world that best promotes accessibility for disabled people and Portugal was the only country that won the award, awarded in collaboration with the ONCE Foundation.
Natural gas prices in Portugal will drop from 1st October 2019. Rates will drop by 2.2% for the 277,000 consumers that remain in the regulated market, which represents about 3% of the total national consumption.
There is no better time than this time of year to discover the history of Portugal. The cool weather and the bare ground create the perfect setting to visit the ancient architectural wonders.
"Negotiable price" could be synonymous with a good home buying deal. If you are willing to take a bit of a risk, make your offer according to what you think is most appropriate and, with a little luck, you can get a cheaper price than advertised when closing a deal to buy your new home.
Small repairs inside the home or fixing something installed in the rental apartment often raises the question of who is responsible for paying these expenses: the owner or the tenant? Here we explain everything.
Maintenance work
At a time in which banks seems to be more open to loaning money to buy properties, there are some nearly incomprehensible terms in the wording of mortgage loans which need to be decoded.
Housing prices in Portugal have increased in the last decade. In nine years, they have increased by 16.6%, above the average of 3.3% in the eurozone and above the world average of 15.4%.
The Marechal Saldanha Prestige brings six new luxury apartments to the most coveted area of Oporto. In the heart of Foz do Douro, a few meters from the sea, Marechal Saldanha Prestige promises maximum quality, with an irresistible design.
