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Property award winners
SEPTEMBER For the third year running Exclusive Algarve Villas has won the award for best real estate agency Portugal as part of the International Property Awards.
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Algarve expansion
AUGUST Real Living, the real estate franchise which has replaced GMAC Imbobilária, has announced plans to increase the presence of the company in the Algarve.
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Agents hit the streets
AUGUST Portuguese real estate agency ERA will be sending more than 100 representatives onto the streets of towns and cities across the region to raise the profile of properties they have for sale.
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Property Market Update
AUGUST Generally, after a reasonable start to the year, the property market in Portugal has been sluggish during the second quarter of 2010.
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Sotheby´s International Realty in Vilamoura
AUGUST A new branch of Sotheby’s International Realty has opened in Vilamoura marina led by manager Artur Simes.
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Don’t lose the plot!
AUGUST In the current climate, most buyers are looking at existing properties to purchase and won’t consider looking at plots, ruins and old renovation properties.
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Quinta do Lago property market remains strong
AUGUST While property markets round the world continue to remain heavily affected by the global financial crisis, data from Quinta Properties has revealed that the Quinta do Lago area is continuing to buck the trend.
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Beautifully green!
AUGUST Eco homes have a longer history that you might imagine.
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Where time stands still but you don´t have too
AUGUST As the Algarve coast has developed and grown, it can be hard to find a place where the essence of what made this such a beautiful destination still remains.
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Buyer’s Market, But What About the Lending?
AUGUST Further to my ongoing research, the last two editions of Algarve Golf and Property Magazine have covered the property investors’ objectives as well as property and market risk from both a local and global perspective.
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Developing a retirement future
AUGUST Development in the Algarve has been focused for many years on holiday apartments, hotels and golf resorts.
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New resort opens in Albufeir
A new development, the Eden Resort in Albufeira, was inaugurated on Portugal Day, June 10.
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Algarve property market benefiting from tourism promotions
Despite reports that Portugal could follow in Greece’s financial footsteps, Stephen Anderson, managing director of Infinito Real, a Portugal-based group of property investors, believes this couldn’t be further from the truth.
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Open house project
Portuguese real estate agency ERA has launched a new initiative to encourage prospective buyers to
be able to view houses already on the market with the agency through their open house project.
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Investment in Albufeira
Real Estate company Grupo Invictus has invested eight million euros in the Albufeira property market after purchasing the Vale Pedras complex in the popular tourist destination.
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A new direction for the property market
New statistics released by Infinito Real, a Portugal-based group of property investors, have shown that the property market in Portugal has seen a revitalisation during the first quarter of 2010.
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Building dreams with van Ooijen
BUSINESS PROFILE : van Ooijen is a family-run company and for more than 25 years staff have been offering clients all the best aspects of an experienced company combined with forward thinking practices and a professional service.
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Sotheby’s International Realty arrives in the Algarve
Sotheby’s International Realty Portugal will be opening its first office in the Algarve at the end of
May.
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International exposure
Portuguese properties for sale with Sotherby’s International Realty will be marketed across the UK by
UK based realtors Countrywide.
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New golf and property magazine launched
The Resident Group launched Algarve Golf and Property Magazine on April 15, 2010.
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Portugal remains property safe haven
Portugal remains a safe haven for long term investments thanks to strict planning and banking
regulations according to a recent report from the overseas property and travel website
www.homesworldwide.co.uk.
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Portugal tops of the property charts
It looks like 2010 is going to be a great year for the Portuguese property market if results from a survey
by Savills and Home Away, which places Portugal as the third most popular destination for overseas
buyers, is anything to go by.
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Real estate investment
Real estate company Grupo Invictus has invested 24 million euros in the Algarve and opened two
agencies in the region to help them identify new real estate opportunities in the area.
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Mortgage solutions from Santander Totta
Business people from across the Algarve attended the launch of the latest Santander Totta banking
product, a mortgage solution for UK residents looking to buy a second home in Portugal.
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A bright future for Remax
Despite the global economic crisis, Portuguese real estate agency Remax has announced that their company grew by 16 per cent during 2009 and brokered more than 1,500,000,000 euros during the same year.
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ERA to open 26 more agencies
Real estate company ERA is set to open a further 26 agencies in Portugal by the end this year.
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Best in the business
Sotheby’s International Realty has been awarded ‘Best in Category for Real Estate Franchisee Satisfaction’ for the third consecutive year by the Franchise Business Review.
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House prices
Average house prices in Portugal are increasing in all regions except the Algarve.
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New property section in Algarve Resident
The Algarve Resident, the region's top-selling weekly English-language newspaper, has launched a new monthly property section, Algarve Home Finder.
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Property market on the up
Data from the National Institute of Statistics (INE) have shown that the property market is on the
up in Portugal with house prices rising and bank valuations of properties increasing.
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ERA continues to grow
International real estate agency ERA has announced that it beat its record for revenue in 2009, growing by 17 per cent compared to 2008.
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Portugal still a favourite
A survey by online property site property-abroad.com has rated Portugal the third most popular choice for British people wanting to purchase a property overseas.
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Race track apartments launched
The Algarve Race Track officially launched its apartments on January 22.
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Online water registration
Property owners are now able to register their water resources online at the Administração da Região Hidrográfica do Algarve (ARH), the regional water authority, website at www.arhalgarve.pt .
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ERA awards real estate agents
Real estate agency ERA Vilamoura organised the ERA Awards Algarve in December, which aims to distinguish the best real estate agents and agencies within the chain in the region in the second quarter of 2009.
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EU commission halts luxury Algarve resort
The European Commission has issued a warning to the Portuguese government because of “an infringement process” related to the luxury Loulé-based development Quinta da Ombria.
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Construction starts on Quinta do Lago six star development
Construction has started on The Keys, a new six-star development in Quinta do Lago.
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New REMAX estate agency
Real estate company Remax has opened a new agency in Carvoeiro, Lagoa.
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World’s best are revealed for International Property Awards
A Portuguese property agency was among the ultimate winners of the International Property Awards held in San Diego on November 12.
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Road to recovery
Real Estate Company ERA has said that Portugal’s real estate sector is on the road to recovery.
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Investment plan spells new era for Quinta do Lago
A multi-million euro investment and revitalisation plan over the next five years is set to launch Quinta do Lago into a bright new era and place it firmly ahead in the international golf and leisure industry, claims John Dwyer, the resort’s newly appointed Chief Executive Officer.
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Retirement village opens to public
Monte da Palhagueira Retirement Village is hosting a 10th anniversary Open Weekend on September 26 and 27.
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Billion-euro city planned for Vilamoura
A billion-euro lakeside development is being planned for Vilamoura.
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Property sector begins to recover
As the property sector in the Algarve begins to show signs of recovery, the body representing real estate professionals in Portugal is looking towards London as a venue to host a promotional trade fair to better expose the Algarve as an overseas market.
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Making property easy
Real estate agency and property management company Algarve Easy Property has recently relocated its premises to the main avenue in Lagos, providing a modern, stylish and easy to find office for clients.
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New development brings Hilton luxury to Alvor
Real estate developers Grupo HN have teamed up with the Hilton chain to create the first five-star luxury development in Portimão area for 40 years.
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Century 21 opens Olhão branch
Real estate company Century 21 has opened its latest branch in Olhão.
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Developing the future of the Algarve
The Jordan name is synonymous in the Algarve with development and success.
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Positive mortgage outlook for 2009
Portuguese mortgage lenders are set to maintain or increase their levels of mortgage lending and product availability during 2009, according to a survey of 20 of Europe’s most active mortgage providers.
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Algarve developments scoop top awards
DEVELOPMENTS IN the Algarve have shown their word class credentials as a number of the region’s top resorts picked up a clutch of awards at the 2008 Homes Overseas Awards.
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Demand down but expected to rise
Barclays bank is predicting that the second half of 2009 will see growth in the demand for housing in the Algarve.
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Portugal still top retirement destination
TWO INDEPENDENT surveys have revealed that Portugal is rated as the third most desirable place in the world for Britons to retire to.
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Algarve remains a top place for property investment
THE ALGARVE is still being strongly recommended to people wanting to invest in a luxury second home or to those just looking to experience a new concept of retro holiday with friends or family.
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