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Blog
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Positive rules and regulations for Holiday Rentals in the algarve!
The Portuguese government has introduced key changes to local accommodation (AL) regulations, providing much-needed relief to property owners and boosting the real estate market. These revisions reverse some restrictive measures from the previous administration, making properties more attractive for holiday rentals to both buyers and sellers. -
Portugal Real Estate Market Update 2024 H2 and 2025 H1
After years of unheard and excessive year-over-year growth, the Portuguese real estate market is starting to shows signs of stabilisation due to several national and international causes. -
AL license becomes transferable again with new government law
This Thursday, August 8, the government approved further changes to the rules on local accommodation (LA), eliminating the non-transferability of licences defined by the previous executive, and the new decree-law will now be consulted by the National Association of Portuguese Municipalities. -
The process of buying a property in Portugal
Since the European Union is more and more regulating the financial markets across Europe, the process for buying a property in Portugal will be similar as the process in your home country. However, there are specific laws and regulations in Portugal applicable, therefore -
New VAT regime for new-developments as vehicle to bring down property prices
Although the 6 per cent VAT on housing is not immediate, experts believe that the wait will be worth it. But they point to challenges. Applause echoed through the construction and property sectors as soon as Montenegro's government announced that it was going to cut VAT on new construction from 23% to 6%. This is the measure in the Construir Portugal package that will have "the greatest impact" on resolving the housing crisis in Portugal -
How To Open a Bank Account in Portugal?
In the contrary of many other countries, it is quite easy to open a bank account in Portugal as a NON-EU resident. Furthermore, if you are already thinking of having a permanent residency in Portugal through Portugal’s D7 Visa Program, opening a Portuguese bank account will come in handy in your investment and your application process. What you need to do first ...