by Portugal Property Advisors | Apr 22, 2024 | Economy
The European statistical office, Eurostat, reported positive developments in the eurozone’s fiscal health for 2023. The public deficit, a key indicator of government spending versus income, saw a modest decline from 3.7% of GDP in 2022 to 3.6% in 2023. This...
by Portugal Property Advisors | Apr 10, 2024 | Portugal, Residency
In recent years, Portugal has emerged as a prime location for North Americans looking to invest in real estate abroad. According to industry insights, approximately 40% of homes purchased by American citizens are located in Lisbon, with 13% in the Algarve and 9% in...
by Portugal Property Advisors | Mar 6, 2024 | Economy, Portugal
On the previous Friday, Standard & Poor’s (S&P) enhanced Portugal’s credit rating from BBB+ to A-, endorsing a positive outlook. This marks the return to an ‘A’ rating for Portugal across all four key rating agencies after a...
by Portugal Property Advisors | Feb 22, 2024 | Portugal
In a significant economic performance amid a global slowdown, Portugal distinguished itself as the fifth fastest-growing economy within the Organization for Economic Cooperation and Development (OECD) in 2023. The country achieved a commendable 2.3% growth in Gross...
by Portugal Property Advisors | Feb 9, 2024 | Portugal
Portugal is about to become even more accessible to travelers thanks to Ryanair’s exciting expansion. The popular low-cost airline recently announced 14 new routes for its summer 2024 schedule, marking its biggest Portugal program yet. This expansion, unveiled...
