Property development

The Azores are preparing to welcome an innovative tourism project that promises to redefine the concept of luxury, well-being, and connection to nature.

A building in Herdade dos Salgados has been given new life, transforming into the latest Algarve tourist development.

Luxury homes have attracted more and more families to live in in the last few years, as the coronavirus pandemic has made people reconsider what they want in a home. Some people are looking to the countryside, others simply want more space after spending time locked inside their smaller homes.

The demand for villas has skyrocketed in the pandemic, with more people wanting to build a bespoke home, far from major urban centres.

There is a new development coming to Porto, which has turned out to be a sales success story. Construction began in September and completion is not planned until the end of 2023, but 19 of the 21 new flats for sale have already been sold, with promissory contracts signed.

There are six exclusive apartments on sale in the residential development Foz Avenue, located on Avenida do Brasil, on the outskirts of Foz, Porto, which is in the early stages of construction.

There are 260,000 square metres (2.8 million square feet) of new constructions in an area of approximately 20 hectares.

The Palacete Cedofeita is located in Cedofeita, one of the main arteries in the centre of Porto. Surrounded by green areas, this new private development, where modern design intersects with classic workmanship, is an invitation to a great quality of life and a good neighbourhood.

There's a lot of talk about the Comporta area, and tourism also is gaining ground in the Alcácer do Sal region, located in the heart of the Alentejo coast, Portugal.

The sale of two real estate-tourism assets in Herdade da Comporta for a cost of 158 million euro was one of the major real estate deals in Portugal in 2018, having been completed in November.

29 new luxury apartments are due to be built at number 95, Avenida da República in Lisbon and because of its status as a classified property, the buyers of any future apartments there will be exempt from having to pay the IMI and IMT property taxes.

The effects of the real estate pressure currently being experienced in Lisbon are beginning to spread to the other side of the Tagus River.

Porto is definitely in fashion and the "Baixa" district is still the most sought-after place to invest. The new development of Alegria Plaza, in the heart of Baixa de Oporto, is an extraordinary real estate opportunity for those who want to enjoy the unique vibes the area offers.

The city of Porto continues to be one of the best places in Portugal for new real estate investments. Now, two residential developments going up on Avenida Marechal Gomes da Costa in Porto, just a few meters away from each other.

After the regeneration of the historical centre comes the Alta de Lisboa. This is the area of the Portuguese capital that will receive more than 500 new apartments in the coming years, in an investment totalling around 200 million euro.

The construction of new buildings in Portugal is growing at a rapid pace.

The Muda Reserve project, located in the village of Muda, near Comporta on the Alentejo coast, is coming to life. The commercialisation of the 42 quintas built in the village will start soon, says the developer Vanguard Properties.

They’re calling it Marechal 720. Construction is underway on the luxury condominium in one of the most sophisticated and cosmopolitan Portuguese avenues.

Foreign investment in Portuguese properties has perked up, helping the recovery of the Portuguese real estate sector in recent years.

Much has been said about the importance of foreign investment in the current dynamism of the real estate market in Portugal.

They are called Central and Uptown and are the most recent residential marketing projects in Vilamoura in the Algarve. With these developments, 214 charming new villas and apartments will reach the market in 2020.

Around three hundred people accepted the challenge thrown down by Massimo Forte and Gonçalo Nascimento Rodrigues, specialists and independent consultants in mediation and real estate investments, to think about the "Out of the Box" market (referring to the real estate and financial sector opinion bl

With house prices currently rising in the property market, buyers and investors are looking for cheaper alternatives to purchasing used houses or flats in Portugal.