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The cross-border regions of Andalusia (Spain) and Algarve (Portugal) are working on a network of electric vehicles for tourist areas on the coast of both countries, according to researchers at the universities of Huelva and the Algarve.
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Mortgage loans granted by Portuguese banks in 2019 rose by 8.1% in 2019, according to the Association of Industrial Construction and Public Works (AICCOPN). These figures represent a decade high, having risen to €10.63 billion, year on year.
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Tourists from the United Kingdom continue to represent the largest market of visitors to Portugal, with numbers increasing in the country during 2019.
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There is a lot to be said for buying an existing property in Portugal – or at least that’s what a new survey implies. The Portuguese Property Investment Survey shows that bureaucracy and construction costs are the biggest obstacles in the country’s property market.
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The growth rate of house prices in Lisbon has started to normalise and, according to Confidencial Imobiliário (CI), the rest of the country should follow suit in 2020.
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