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  • Lisbon to live & work
    Lisbon to live & work

    Sitting along the Atlantic coast is the heart of Portugal, Lisbon. Long known as one of Europe's most creative capitals and infamous for its 'Lisbon Nights', this is a city rich in both history and culture. With many iconic monuments and landmarks, some of which can be found on UNESCO World Heritage Sites, particularly the Tower of Belém. Lisbon is insatiably picturesque and could be considered one of Europe's most romantic capitals.   Did you know Lisbon is one of the oldest cities in the world? And the oldest in Western Europe? It predates other modern capitals such as London, Paris and Rome by centuries, even though its capital status has never been granted or officially confirmed. Portugal's capital, Lisbon, was formed through constitutional convention, meaning it is an informal and uncodified procedural agreement that is followed by the institutions of a state.   Recognised as an alpha-level global city by the Globalization and World Cities (GaWC) Study Group due to its importance in media, entertainment, arts, international trade, finance, tourism and education, Lisbon is the only Portuguese city other than Porto to be identified as a global city. Quite deservedly it has been awarded numerous international distinctions as a world-leading destination. While it's lovely backstreets, leafy squares, cosy cafés and bright yellow trams lend a touch of olde worlde charm, Lisbon is a youthful city with a cosmopolitan feel. Particularly the area around Parque das Nações, developed from the 1998 World Expo and home to modern residences, a shopping centre, an Oceanarium and the longest bridge in Europe - The Vasco Gama Bridge, with a total length of 12.3 kilometres. It's also recently become a start up hotspot and the host of WebSummit, attracting more than 60,000 digital professionals yearly for the event whilst paving a way forward for the cities interest in supporting innovative technology.   Just outside the capital, a slower pace can be found in the affluent areas of Cascais and Estoril, the preferred holiday destination of the royalty and nobility over the centuries, thanks to their sun-drenched beaches and vibrant nightlife. Alongside the charming resorts of Estoril and Cascais, and the beautiful town of Sintra, this part of the country is home to the beating heart of Portugal: Lisbon.   The ever growing popular Porto can be found approximately 300km north of Lisbon, the second biggest city in Portugal after Lisbon. It is famous for multiple reasons but one that stands out the most is the Port Wine, produced exclusively in the Douro Valley. Although some people may have heard of or know of, the acclaimed author J.K.Rowling, who was said to have taken inspiration from her time living in the city to produce her Harry Potter novels, which would later become a worldwide success.  

  • Portugal’s Housing Prices up by 8%
    Portugal’s Housing Prices up by 8%

    Reports shown by Portugal’s statistics institute INE (Instituto Nacional de Estatísca) reveal that housing prices in Portugal have seen the highest increase ever recorded, stating the House Price Index (HPI) increased 8% in the second quarter of  2017 alone, double the European average. According to the INE, a total of 36,886 dwellings were transacted between April and June 2017, 16.1% more than in the same period of the previous year. The prices of new dwellings showed a year on year difference of 5.4%, 1.2 percentage points (p.p) above what was recorded in the previous quarter. Making this the second consecutive period in which the transaction prices for new dwellings increased.   This increase is considered to be, in part, due to the decrease in unemployment rates across Portugal that fell to 8.5%. Programs such as the Golden Visa, Non-Habitual Residency and Sephardic Jewish Ancestry Program, promulgated by the government to attract foreign direct investment, have also contributed towards stabilising the economy. With the government's effort to stabilise the economy, the quality of life and portugal’s peaceful history.   RICS chief economist, Simon Rubinsohn, believes the outlook is positive. ‘Employment growth has accelerated across the Portuguese economy in recent months, with the latest figures showing an annual increase in excess of 3%. This sustained improvement continues to support housing market activity and prospects for further growth over the year ahead look promising given the current macro climate,’ he said.   Lisbon was not the only city to see a boom in foreign investment, the Algarve in Southern Portugal, has also seen an increase as the mean purchase price for villas has risen substantially to €400-€500 thousand.   With Portugal’s quality of life, peaceful history and their government making efforts to stabilise the economy, Portugal is becoming progressively more and more enticing to foreigners looking to retire, invest or relocate.

  • The World's Oldest Diplomatic Alliance
    The World's Oldest Diplomatic Alliance

    Both countries are actively working together to find mutual ground, which will ultimately be beneficial for all parties involved. The Portuguese government have already proven their ability to be able to take part in global co-operation as they have developed multiple opportunities for foreigners to have a better quality of life. Rather than shutting down on immigration, Portugal have found a way to open the doors to their homeland via the Golden Visa, Non-Habitual Residency and Sephardic Jewish Ancestry, gaining a remarkable response from young entrepreneurs, the startup movement as well as the creative and tech sectors.   The UK ambassador to Portugal, Kirsty Hayes, has recently spoken out in interviews regarding the ties that binds the two allies:   “Between Portugal and the UK, we have the oldest economic alliance in the world, so regardless of what happens thi will continue. We also have so many connections, personally, professionally and we share many similar values. I am also encouraged by the worlds of the (Portuguese) Prime Minister and the President of the Republic, and expect to work closely together over the next years to find a base for our relations whether they be within the EU or bilaterally.”   Winston Churchill famously said  “Those that fail to learn from history, are doomed to repeat it”, but in this case, would it be so bad? The Portuguese and British have paved their way through history side by side, witnessing both their accomplishments and failures, making the alliance stronger every year that passes by. At times like this, things will eventually smooth over and both sides will be prepared for anything the future shall bring.

  • Multi-Award Winner of the International Property Awards
    Multi-Award Winner of the International Property Awards

    Ideal Homes Portugal, a real estate agency situated in Southern Portugal, Algarve, were recently awarded two International Property Awards in the categories of Residential Development for Apple Tree Lane, which was the company’s first development project, and Real Estate Agency, Portugal.   Founded by Christopher White, Ideal Homes Portugal, was established back in 2012 with a vision to provide the real estate market with something important that he felt was currently missing - service excellence. Five years later the company and its vision has grown to include aftersales, property and rentals management, mortgage brokerage and most recently, building its own residential development projects.      Just last week Chris and Eddie Correia, Ideal Homes Head of IT and Marketing, attended the winners ceremony and gala reception. The International Property Awards are currently on their 26th year and are judged by an independent panel of 70 industry experts, with judging focusing on quality, service, design, innovation, commitment to sustainability and originality. This year The European Property Awards, which is the most influential and widely recognised programme throughout the region, was held in London to honour the best in the industry globally. Over 200 real estate professionals attended the event to receive awards in their respective categories.   Chris White, CEO & Founder, had a few words to say about the achievement;   'It's a proud moment, being a multi-award winner of the International Property Awards. This recognition for our hard work is inspiring and further excites us about the future, what we’re developing and bringing to market.'  

  • Portugal's High Net Worth Appeal
    Portugal's High Net Worth Appeal

    Portugal is fast becoming the place to be in Europe, their housing prices are on the up, the quality of life is fantastic, along with the financial incentives that are being offered have made purchasing, or investing, in the country an attractive prospect for elite and luxury buyers.   Plans to build a future that guards against the past economic vulnerabilities are proving to be a success, showing that the incentives designed by the government for inward investments through their Golden Visas, Non-Habitual Residency and Sephardic Jewish Ancestry programs, are not only for the everyday man but for high networth individuals as well.   Multiple high networth individuals and celebrities are already reaping the benefits that Portugal has to offer, with many people residing in Lisbon, Cascais, Sintra and even the Algarve, which has been considered the new “St Tropez”. The luxurious resort of Quinta do Lago, situated in the Southern Algarve, houses some of the most extravagant homes available within the Algarve, whilst being surrounded by not just one, but three award winning golf courses. It is easy to see why people are investing in the area.   If you’re wondering what these successful individuals know about Portugal that you could benefit from - get in touch.        

  • Europe's best kept secret - The Algarve
    Europe's best kept secret - The Algarve

    The coast of the Algarve is a seemingly endless series of some of Europe’s finest beaches. Spectacular stretches of sand can be found almost anywhere, the climate and atmosphere may be Mediterranean but the ocean is the Atlantic, offering the best of both worlds. Whether you’re a sports enthusiast, a history buff or simply a wine and food lover, the Algarve offers plenty of wonders to experience.   The most popular tourist destination in Portugal is the Algarve as it welcomes millions of national and international tourists annually. Boasting of an all year round fantastic climate with more than 3000 hours of sunshine a year and over 80 blue flag beaches, you can certainly understand why individuals are drawn to the region.   Additionally, the Algarve is amongst the regions in Portugal offering the best quality of life, safety and peacefulness. Areas such as Quinta do Lago or Vale do Lobo, are the high networth individuals playground, comprised of luxurious multi-million euro properties designed to one's specific needs desires. Also, Quinta do Lagos resort has 3 golf courses which are among Europe’s best, joined by world class facilities such as Southern Europe's only TaylorMade Performance Center and the Paul McGinley Golf Academy.   Other areas such as Loulé, Albufeira, Tavira and Lagos have all seen a rise in house prices over the past 12 months. Villas in particular have been in high demand with the average purchase between €400-€500K, apartments were the second most popular property type. Individuals were mainly looking for relocation, retirement or holiday homes. Purchase a property as a rental investment is becoming an attraction for people wanting to earn an extra income.   Portugal's real estate and low cost of living are major contributors toward its growing popularity among investors, the reason for purchasing a property overseas may vary but rest assured, the Algarve has everything you are looking for and more.