Latest property news
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There is a lot to be said for buying an existing property in Portugal – or at least that’s what a new survey implies. The Portuguese Property Investment Survey shows that bureaucracy and construction costs are the biggest obstacles in the country’s property market.
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The growth rate of house prices in Lisbon has started to normalise and, according to Confidencial Imobiliário (CI), the rest of the country should follow suit in 2020.
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Mexia has already assured that EDP is interested, the Environment Minister confirmed Galp's participation and the Dutch promoter speaks of REN's involvement as the gas network operator.
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Over 10,000 people are expected to turn out for first ever Planetiers World Gathering 2020.
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The decision to limit the Golden Visa programme to property purchases in inland Portugal has been approved in Parliament. The decision now restricts the incentives scheme, which has brought in €4.5 billion in real estate alone, to property purchases outside of Lisbon and Porto.