The Portuguese parliament has approved on 23 rd July the amendments to the Law of Nationality – Law 37/81 of 3 rd October. These amendments simplify the process for obtaining Portuguese nationality by children of holders of residency permits, grandchildren and for spouses of Portuguese citizens. According to Edge International lawyers, one of the main changes to the […]
The new Neya Porto Hotel opened its doors today (Monday 3 August) after an investment of €18 million including €6 million investment from the EU’s Portugal 2020 fund. The project transformed part of the ruins of the former Madre Deus Convent of Monchique into a 124 room hotel unit. The project was completed and now […]
Rents on homes and commercial properties may remain frozen through 2021 ending five years of consecutive increases. With strong downward pressure on prices felt over the past five months because of the Covid-19 pandemic, the average inflation rate over the past 12 months ending in June was negative according to the latest data out from […]
The Portuguese Enterprise Association (AEP) says that the abrupt fall in economic activity in the first half of 2020 – never before seen in living memory – resulting in a 16.5% contraction in GDP means that talk of an economic recovery is nothing more than a “mirage”. The AEP states in a communiqué that with […]
Uptown Vilamoura is a project of 31 villas and apartments that front onto the fifth hole of Vilamoura’s famous Victoria Golf Course - which annually hosts the Portugal Masters, part of the European Tour. The homes currently under construction are surrounded by green countryside and include a clubhouse and swimming pool.