Paredes Municipality to build 405 new houses and renovate 122 under PRR

by Portugal Property Advisors | May 2, 2024 | Portugal

Paredes Municipality in Porto region plans to build 405 new houses and renovate 122 others with a total investment of over €64.3 million. The project will be supported by the Recovery and Resilience Plan...

Eurozone Trims the Fat: Deficit Shrinks While Portugal Surprises

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...

North Americans find Portugal a prime spot to live and for real estate investments

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...

Portugal secures ‘A’ classification from leading Ratingt evaluation agencies

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...

Portugal. The 5th fastest growing OECD country in 2023

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...