Latest property news
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It’s been an interesting year for the Algarve’s tourism market. Despite a drop in overall tourist numbers, the region registered record occupancy rates earlier this year (read more here).
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The Portuguese government has recently announced its plan to revise the national Foreigners and Borders Service (SEF) to change the way that public services deal with immigration.
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Portuguese exports increased by 5.1%, totalling €57.8 billion, and imports grew by 8.1%, to €75.36 billion in 2018, according to Statistics Portugal (INE).
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“Regional and local authorities play a crucial role in relation to the mitigation of climate change, promoting energy efficiency and greater use of renewable energies,” said AREAL.
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Portugal’s government plans to review its Golden Visa scheme to combat the current inflation of property prices.