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Emerging countries buy luxury homes in Portugal
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Thee market for luxury homes in Portugal is experiencing a period of euphoria as I have not been through many years, says 'Expresso'. The big wave of acquisitions began about a year ago when a famous Chinese entrepreneur with businesses in Portugal 10 million euros paid by the palace Quinta Pati%uFFFDo, in Estoril.
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| Date : 10-04-2009 Source : Agência Financeira |
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Value of homes in Portugal fell to twice in Spain
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Prices fell more than 6% in the last quarter of 2008. The decline registered is above the 4.8% recorded in the euro area average and is almost twice the drop of 3.2% in Spain. UK and Ireland have the largest drops.
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| Date : 06-04-2009 Source : Agência Financeira |
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Rehabilitation of the port of Funchal will be completed in the summer of 2010
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The ongoing rehabilitation of the north quay of the port of Funchal will be completed in the summer of 2010. The area is being converted into an area of entertainment and leisure, an intervention designed by the architectural studio Risk, headed by architect Tom%uFFFDs Salgado and promoted by the Metropolitan Development Society (MDS). The investment is 15 million.
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| Date : 03-04-2009 Source : BPI Expresso Imobiliário |
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