Portugal property news

Browse the latest Portugal property news here at Portugal Property Guides. You can stay up to date with the latest developments as you plan on buying a property in Portugal. We cover a range of news topics, from house price trends to new laws and regulations, so you don’t need to look anywhere else for the most up to date news on the property market in Portugal.


 

Major marketing effort to encourage year round expats and tourists

Could Bacia do Arade soon be as famous as the Costa del Sol or Cote D’Azur? Four ambitious local mayors in the western Algarve are hoping that rebranding and promotion can make more of us buy property there. The mayors of four towns in the western Algarve have joined forces to improve tourism, property sales and the entrepreneurial environment. The municipalities of Portimao, Monchique, Lagoa and Silves will be united under the brand name Bacia do Arade, after the Rio Arade that flows into the Atlantic at Portimao.
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Nine wonderful reasons to live in Portugal

If you’re struggling to decide whether to move to Portugal or not, take some advice from the locals – and get packing! Algarve Daily News, the magazine for expats living on Portugal’s sunny south coast, has identified six great reasons why the British should choose a new life in their country. We think we can do even better than that, so we’ve taken their six and added a few of our own!
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Portugal is perfect for US retirees, says Huffington Post

The Algarve was discovered by the British 30 years ago. It’s taken a while, but now our American cousins have woken up to its appeal. One of the world’s most popular websites, the Huffington Post, has today named Portugal as the best overseas place to live for American retirees. The article, on the US edition of the website, lists 11 reasons to move to “The Best Place In The World To Live Or Retire That Nobody’s Talking About”.
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Nine out of ten holidays are within Portugal

With so many property buyers looking to help finance their ownership with rentals, new figures released this week offer encouragement. More people are travelling within Portugal and they are staying in rented accommodation for longer. It is a vital market to tap into. Last year saw a significant rise in travel by residents of Portugal. The National Statistics Institute of Portugal, INE, found that in the fourth quarter of 2015, covering the start of October to the end of December, the resident population of Portugal made 4.16 million tourist trips; a rise of 5.3 percent on the same period in 2
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“Retired foreigners” blocking oil exploitation

With licenses being issued for oil and gas exploration off the coast of the Algarve, the war of words between campaigners is warming up. It’s our oil, says the government. It’s our homes and future, say residents, many of them from overseas. A former government minister has slammed “the Algarve’s retired foreigners” for trying to block oil exploration in the seabed below the Atlantic Ocean close to the Algarve. Former Environment Minister Jorge Moreira da Silva told a government committee that the foreigners were acting in bad faith by protesting against oil exploration and trying to hold back
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The Algarve celebrates 50 years of golf

Golf is 50 years old in the Algarve this year, making it a special time to visit. So if you’re planning a viewing trip there soon, why not squeeze in a round or two? Fifty years after the first golfer teed off in Portugal’s Algarve, this famous stretch of coastline is today one of the world’s most desirable golf destinations with a thriving international property market.
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