Amendments to the Portuguese Touristic Rental License Law - Alojamento Local (AL)

Amendments to the Portuguese Touristic Rental License Law - Alojamento Local (AL)Since the introduction of the initial legislation on touristic rental – Alojamento Local (AL) which authorised activity in unlimited housing units, the President of the Republic has now approved a new set of laws with significant changes.

Marcelo Rebelo de Sousa comments that this legislation may have some "questionable solutions that may be difficult to combine with some legal aspects," however, it is affecting residents that live in historic areas, so it is "urgent to control excesses": the reduction of houses available for permanent lease, increasing of rental prices, and forced eviction of tenants.

A loving renovation of an original Quinta, with further possibility of expansion

A loving renovation of an original Quinta, with further possibility of expansionLocated in peaceful countryside, yet only a few moments drive to the famous Piri-Piri Restaurants of Guia, Algarve Shopping and about ten minutes to the beaches at Galé and Golf at Salgados, Cerro Novo are proud to present a unique opportunity to buy a renovation project in the mid stages of completion.

Beautifully situated and well located on a plot of 16,340m2, this old Quinta is being intelligently and carefully restored to create a bungalow with contemporary features, yet remaining faithful to the original building and local vernacular.

Sampson Property - A New Approach To Real Estate

Sampson PropertySampson Property have opened their doors in Carvoeiro, offering a new approach to real estate in the Algarve, combining low commissions with a high level of success.
Directors Bruno Romão and India Sampson have brought together their skills to bring a fresh outlook to buying and selling property in the region, offering clients a reliable, transparent, honest and fairly priced service with truly professional aftercare.

Selling Your Algarve Property - Finding The Right Agent

Selling Your Algarve PropertyYour property is probably the biggest investment you have made, so when it comes to selling it you want to make sure everything is done efficiently and as stress free as possible. The most important part of selling your property in Portugal is finding a reputable, licensed estate agent. How do you do that?

Portugal is one of the best countries to invest in Luxury Real Estate

Portugal is one of the best countries to invest in Luxury Real EstateThe "Global Residence and Citizenship Programs" (GRCP) rating, considered factors such as the Immigration Laws, the tax regimes and quality of life, has come to the conclusion that Portugal is one of the best destinations in the world to invest in property.

UK 'Housing Downturn' pushes biggest Agency to brink, shares collapse

londonpropCountrywide, the UK’s largest real-estate services group with over 10,000 employees in 900 locations, saw its shares plunge over 60% on Thursday after the company asked investors to pony up £140 million of emergency funds to save it from collapsing under the weight of its own debt. At one point the shares were down over 70%. On Friday they fell a further 14%, writes Don Quijones of WOLF STREET

Moorish Style Villa with Amazing Ocean Views

Moorish Style Villa with Amazing Ocean ViewsSituated on the eastern coastal fringes of Albufeira, this is a superb opportunity to purchase a large, five bedroom moorish style villa within a few minutes walk of the beach.
Originally constructed in the 1980’s, the property has been partially upgraded whilst maintaining stunning architectural features such as a circular snug seating area with brick-domed ceiling surrounding a superb central fireplace. There is also a large living room with an abundance of light through it’s dual aspect patio doors.

A Contemporary Villa in a Quiet, Convenient Location

A Contemporary Villa in a Quiet, Convenient LocationA stunning, contemporary villa currently under construction, being designed and built to an impeccably high standard.
With four en-suite bedrooms, a home study / library and fully equipped kitchen, this is a beautifully specified property.
Outside, there's a pool, easily maintained garden and carport; making this villa a great overall package for permanent living or as a holiday rental investment.