The Government’s proposal and then decision to scrap Golden Visa property investment in Lisbon and Porto may be one of the factors behind a sudden 47% drop in applications for January 2020. However, despite this, the total investment attracted via the Government’s Authorisation for Residency through Investment managed to attract more than €5Bn in seven […]

Portugal’s largest telecoms service provider Altice has bought a majority stake in Blueticket, one of the largest ticketing platforms in the country, from Arena Atlântico owned by Luís Montez. The move comes after Alexandre Fonseca had already promised that Altice (formerly Portugal Telecom) would forge into new business areas. The acquisition was announced by the […]

A project to transform an old rundown flour mill factory in Faro into a €50 million luxury apartment complex overlooking the Ria Formosa is moving forward, with construction due to begin in May. It is a project that has been in the pipeline for 10 years but only now has it started taking shape. Located […]

An environment of historically low interest rates is adversely affecting the ability of Portugal’s banks to be profitable. The result is forcing the banking sector to focus on more profitable but high risk segments of the economy says ratings agency Moody’s which was in Lisbon on Wednesday morning for the event Moody’s Credit Trends Lisbon […]