Latest property news
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The Algarve will once again be the perfect destination for bird watchers from around the world with the return of the Sagres Bird Watching Festival.
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Public debt dropped by 5.6Bn€ in June, after the payment of 8.1Bn€ in general obligation bonds during that month as reported by the Bank of Portugal.
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Launched last year, the first edition of Techstars' acceleration programme conquered foreigners from all over the world. Some even decided to remain in Portugal.
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The median price per square metre of residential properties sold in Portugal in the first quarter was €1,011, up 1.5% on the previous quarter and 6.4% on the same quarter of 2018.
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A new study has revealed that it is cheaper to buy a home in Portugal than to rent one.
The study, based on data collected by real estate databank Confidencial Imobiliário, bases numbers on a 90-square metre home and concluded that buying works out between 14% and 61% cheaper than renting, including in Lisbon and Porto, where the difference is 14% and 30% cheaper respectively.