Sep 23,2022 | Portugal is attracting an increasing number of digital nomads from across the globe. Following a trend to work remotely was enforced during the Covid-19 pandemic, a new way of working has evolved. Covid-19 changed many aspects of how we live and the acceptability to work remotely has resulted in a greater freedom. This freedom has born a new generation of digital nomads who are able to...
Oct 12, 2022 | A scarcity of supply and high interest from foreigners looking to invest in Portugal continue to put pressure on property prices. By TPN, in News, Portugal, Property 11/10/22 The latest data from the National Statistics Institute demonstrates the loss of momentum in the residential market. According to a report by Dinheiro Vivo, in June of this year, there was a...
Jan 6, 2023 | A contentious subject, not just with property vendors but within the industry itself. Is there justification to charge 5% plus IVA at 23%? Some agencies will even demand rates up to 10% and, surprisingly, there are people who pay this. If money is of no consequence, then, I can understand them being lured by a glitzy office, the aspiration of listing with a luxury brand,and the...
Sep 28, 2022 | What is Cryptocurrency? Cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. Cryptocurrencies have become increasingly popular over the past several years – as of 2018, there were more than 1,600 of them! Portugal has become a hub for crypto traders, primarily for one major reason: Gains made from the acquisition or sale...
Sep 19, 2022 | The Portugal News recently reported that North Americans are leading the ranking of investment through Golden Visa, with a total of €25.1 million in the first three months of 2022. The majority of these investors are from California, which has a similar climate, landscape, and surf. The demographic of these investors varies from younger professionals who can work remotely to...
Nov 15, 2021 | “Positive thoughts lead to positive results.” Maria V. Snyder In concurrence with this pertinent statement, the residential property market in the Algarve has bounced back following the Covid-19 crisis and flourishes in tandem with tourism proving that the region remains a popular destination. Such is the confidence and positivity of builders and developers that they are pressing...
Nov 15, 2021 | European visa-free travel and citizenship are behind a 34% rise in Britons moving to Portugal, but are you ready for the countryside? More Britons than ever before have decided to make Portugal their permanent home, with 2020 seeing a 34% rise in those living there, according to the latest data from the country’s borders and immigration service (SEF). Now, the 46,238 official...
Nov 15, 2021 | Choosing a destination for relocation, be it for retirement, investment, or a lifestyle change and, irrespective of the pandemic, the Algarve remains a prime choice as verified by many surveys. It is widely recognised, throughout the world, that Portugal handled the advent of Covid-19 with skill and good judgement. At the outset, the Portuguese nation followed government instruction...