Business

PRR: Real estate developers and investors concerned about the lack of measures for the sector

Worried. It is in this way that Hugo Santos Ferreira looks at the fact that the Portuguese Government's Recovery and Resilience Plan (PRR) does not include measures for private housing supply. The vice president of the Portuguese Association of Real Estate Developers and Investors (APPII) addressed the topic this Tuesday, February 23, during the presentation of the Lumino project that will be born in...

Should you buy a second home for rent?

Should you buy a second home for rent? Buying a second home can be a viable investment, either for the potential income from the lease or for the subsequent sale for a higher price. However, you must take into account some considerations before making this decision. Find out everything in this article. In 2017, in Portugal, there was an investment of 31.4% in real estate activities, a trend that has...

Airbnb: How to open an account in Portugal and earn money

How to open an Airbnb account: Step by Step to Success Opening an Airbnb account is much simpler than you might think. Just follow a few steps and your accommodation will be available for rent by anyone, anywhere in the world. There are 10 simple steps to follow. Know them. 1 - Access the site The first step to becoming a host is to go to the Airbnb website and click on the "Become a Host"...

Less businesses created in Tourism and Real Estate in Portugal

The tourism and real estate sectors lost weight in the creation of new companies in Portugal by October, giving way to activities such as transport and construction, according to a barometer by consultant Informa D&B. “The corporate fabric is on its way to a new annual business creation record, but the most dynamic sectors are changing,” the company said. “While in recent years the real...

One third of houses in Portugal take over a year to sell

The scarcity of new products and high prices mean that 22.5% of apartments and 37.5% of houses in Portugal take more than 12 months to sell, according to a study by Imovendo. Real estate is on the rise in Portugal, with real estate still being sold. In the last year, transactions exceed six billion euros every quarter, compared to three billion 10 years ago. A picture that is far from generalized to...

Real estate employment in Portugal soared 80% in four years but expected to fall by 2020

Job advertisements multiply. Agents, property managers, commercial or administrative are required. The largest agencies in the market recruit hundreds of employees. Over the past four years, the number of people employed in real estate in Portugal has increased by nearly 80%, according to figures provided by the Association of Real Estate Professionals and Companies (APEMIP) to Vivo Vivo. By the end of...

166 more tourist projects coming to Portugal

Tourism continues to move millions and in just six months more than one hundred and a half new projects have been licensed. The North and Alentejo, in particular the municipalities of Grândola and Santiago do Cacém, are among the most crowded regions. In the first six months of 2019, a total of 166 tourist developments in mainland Portugal entered the licensing process, according to data obtained by...

Foreigners buy 54 houses a day in Portugal

The country's popularity with the foreign community is still on the rise and real estate sales registered "significant" growth in 2018, says INE. French, English, Brazilian, Chinese and German are the biggest buyers Foreigners are buying 54 homes a day in Portugal, representing 8.2% of all properties traded during the past year. There are 19,912 houses sold throughout the country but with greater...

World real estate investment in 2019 at the level of the previous two years

In 2019, notwithstanding the uncertainties surrounding the world economic scenario, global real estate investment is expected to reach € 1.54 billion - consultant Savills states in her latest Impacts 2019 study. According to the report, the expected value for this year is at the same level as in 2017, and slightly below that reached in 2018, the historical volume traded: US $ 1.8 billion (US $ 1.63...

Sales and pricing boom spawned four real estate companies a day

More than half of the mediators operating in Portugal were born in the last two years. Last year alone the number of companies increased by 30%. Who saw him and who sees him. Real estate is on the rise again, and the promise of good business is increasingly popping up. Last year alone, 1,385 new mediators were licensed, 30% more than a year earlier. Almost four real estate agents are born a day. "In...

120 million mega venture starts in Cascais Bay

Bayview, the 120 million-euro mega-venture that will revitalize Cascais's nascent entrance, will begin this week, creating a new residential and commercial hub near the Bay. The work is managed by Engexpor. Promoted by Grand Bay Residences - SICAFI SA and designed by Fragments of Architecture and Next Architects, Bayview has a 34,000 m² deployment area and will transform the entire sprawling area of...

Taxes in Portugal. Get to know some of the changes for 2018 in general

Relief in the IRS, but penalization of income from self-employment. In excise taxes, there are new things.  As anticipated, the State Budget proposal for 2018 contemplates an IRS tax relief applicable to the middle class. However, for self-employed persons who are covered by the simplified scheme, there may be an increase in the taxable income and consequently the tax due, since the calculation becomes...

How to Issue Electronic Income Receipts in Portugal

If you receive income within category F of the IRS, you are now required to issue electronic income receipts on the Finance Portal on a monthly basis. In this article we explain what are these electronic income receipts and how to issue them in the Finance Portal step-by-step. Who has to issue electronic income receipts? If you are under 65 years of age or receive annual income greater than twice the...

In the first six months of 2017, investments in Lazio resume

In the first six months of 2017, the Lazio economy continued to expand, albeit moderately. In general, the picture emerging from the Bank of Italy report released today is that of a system characterized by "definitely positive data," the Institute sources said. Investments are finally split (though they remain below the national average). At the end of the semester, however, there was a slowdown in...

Euribor in Portugal remain in all deadlines

Euribor rates were held today at three, six, nine and 12 months from Friday. The three-month Euribor, in negative figures since April 21, 2015, returned today, for the ninth consecutive session, to be set at -0.329%, against the current low of -0.332%, registered for the first time in 10 Of april. The six-month Euribor rate, the most used in Portugal in mortgage loans and which entered negative...

Get more calls, schedule more viewings and earn more commissions

In recent times the way people look for houses has changed drastically as more and more house hunters begin to search for the main property portals. Technology will no doubt continue to draw barriers to information so that portal visitors have even easier and more efficient ways to look for properties that match their requirements. Innovations are also changing the role of a real estate agent so that...

Investing in Portugal

Location Portugal has a privileged location to access relevant markets. Continental Portugal is geographically situated on the west coast of Europe, in the Iberian Peninsula. It borders North and East with Spain, the West and the South with the Atlantic Ocean, being situated in a geostrategic position between Europe, America and Africa. Besides the Continent, the Portuguese territory also includes...

MILAN, BOLOGNA AND FLORENCE ARE THE MOST SMART CITIES OF ITALY

For the fourth year in a row, Milan is the smartest city in Italy: FP2's ICity Rate 2017, part of the Digital360 group, has revealed it. Each year, the ranking classifies 106 capitals based on various parameters ranging from governance to waste management, from public transport to broadband broadcasting. Well, if Milan is still ahead, its success seems to be no longer far from Bologna and...

Lone Star puts Vilamoura on sale

The business, by size, should not be completed by 2017. Among the assets that will be sold by Lone Star is the Vilamoura Marina, considered one of the business cards of the venture. CBRE returns to advise the American fund. The Americans from the Lone Star fund have put up part of Vilamoura for sale, you know Business. The sale of assets comes after the fund bought this Algarve venture in March...

IRS exemption and IMI discount for landlords with affordable incomes

From now on, all owners in Portugal, who inscribe their properties in the affordable lease program - and through it establish permanent tenancy agreements with the tenants - will have tax benefits. With this new solution created by the Government, landlords with affordable incomes will be exempt from IRS on the property income and will pay only 50% of the Municipal Property Tax (IMI). This measure is part...

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