“According to research from World First, Portugal is the 3rd best place to invest in buy-to-let property in Europe with an average rental yield of 6.43% and Turkey is the 7th, holding a strong average yield of 5.91%. These yields prove that despite Brexit, investing outside the UK, can bring strong investment returns."
Image conscious vulture fund, Lone Star, which is in the middle of sensitive negotiations to acquire Novo Banco from the Resolution Fund - at a vast loss to Portugal’s taxpayers - has put its Vilamoura World development up for sale, including the marina.
Sales agency CBRE, which also is trying to punt the Salgados Praia Grande ‘eco-resort’ on behalf of MillenniumBPB, has been appointed to sell off the Vilamoura asset for the US fund, in parcels or as a job lot - either way, the Americans want out.
Cerro Novo are proud to present this luxury contemporary design villa with floor to ceiling windows, glass balconies and terraces and a double height living area providing light, space, comfort and elegance.
The villa is located walking distance to various superb beaches and the popular area of Galé with its top class restaurants.
The opportunity looks enticing, but when considering purchasing a property outside of your home country, beware of the pitfalls which could cause concern in the future.
According to overseas property and finance expert, Simon Conn (www.simonconn.com), the main issues are:
The old adage of 'hard work pays off' rings true here at Ideal Homes Portugal, especially these last few days as recognition of our work with this wonderful news settles in.
We are very proud to announce Ideal Homes Portugal is among the winners of the highly acclaimed International Property Awards for best in class.
We will be honoured at the European Property Awards at the London Lancaster Hotel on 26th October as a winner in the categories of; Real Estate Agency for Portugal and Residential Development for Portugal with Apple Tree Lane.
Ideal Homes will further compete against the best national property professionals and those across the European regions recognised in each of these respective categories.
Directors Marcela and Bart van Linden are proud to announce that Exclusive Algarve Villas will be honoured at the European Property Awards, at the London Lancaster hotel on the 26th of October 2017.
Winning another award for Best Real Estate Agency- Portugal proves that for over a decade Exclusive Algarve Villas remain front runners within the extremely competitive real estate market.
In a move that epitomises the Portuguese government’s ‘lure them in and tax them later’ attitude to foreign retirees and 'non-habitual residents,' the Finance Minister has confirmed that he is studying how to impose income tax on those foreign pensioners who have moved to Portugal under the advantageous tax rules currently in play.
Mário Centeno confirmed that the Government has been looking, "for a few months," at the introduction of a minimum IRS rate for retirees all in the name of "good tax relation" with other European countries and not, of course, to swell the treasury's coffers.
Just when you thought Portugal’s coastline properties couldn’t get any more impressive, a stylish and contemporary golf estate, conceptualised and designed by 23 Portuguese master architects (including Siza Vieira, Eduardo Souto Mouro and Nuno Graça Mouro) enters the market.
“Designed with an aim to balance modern architecture with the tranquillity of nature, the golf resort and estate beautifully integrates with Portugal’s unspoilt Silver Coast. It is truly an architectural masterpiece,” says James Bowling, chief executive officer of Monarch&Co – a leading residency and citizenship programme facilitator in a number of territories and countries around the globe.
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