This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Read today's Portuguese stories delivered to your email Vale da Amoreira Urbanisation Plan PUVA is developed by Finangeste in conjunction with an international investor the Vale da Amoreira Urbanisation Plan (PUVA) will be built in the Penha and Vale da Amoreira area about one kilometer from the city center of Faro “It is one of the largest projects in the Algarve and in Portugal,” said Finangeste in a statement Finangeste is developing it together with an international investor The construction of 1,641 residential units is planned “With a total area of ​​21 hectares and a potential construction area of ​​168,000 square meters (m2) PUVA is divided into several lots that will allow multiple uses which defines itself as being one of the leaders in real estate investment construction of real estate projects and acquisition and management of credits and acquisition of companies in Portugal which will be the largest green space in the city of Faro PUVA stands out for its investment in urban requalification sustainability and the creation of spaces that promote quality of life and economic dynamism in the regions where it is located” This is a project that is being developed in phases with around 60% of the infrastructure works already completed adding that the area of ​​the lots under development is 168,000 m2 with 1,461 residential units expected to come onto the market in the coming years These houses will be sold “at reasonable prices ” The landscape architecture was carried out by architect Álvaro Manso and several companies contributed to the development of the project Oyster PM fiscalização and Casais construção stating that it positions itself “as a relevant and active investor in the Portuguese context” We appreciate that not everyone can afford to pay for our services but if you are able to we ask you to support The Portugal News by making a contribution – no matter how small You can change how much you give or cancel your contributions at any time That's fine but how about "upgrading" Faro Hospital The roads outside the hospital are in a shocking state difficult to find anywhere to park and conditions inside are not the best there is always money for new developments Send us your comments or opinion on this article Reaching over 400,000 people a week with news about Portugal (This story was updated to add a photo gallery) When he signed to play college basketball for the Utah State Aggies back on Aug. 29, 2018, Neemias Queta was just a confident Portuguese kid who wanted to chase the dream of one day playing in the National Basketball Association (NBA) But the odds of that happening were extremely low because no player from Portugal had ever played professionally in the best league in the world Yet, through hard work and perseverance Queta kept jumping through the various hurdles, finally realized his dream, and then reached the top of the mountain in June when his new team, the Boston Celtics More: Portugal's Neemias Queta talks about experience with the Boston Celtics, personal journey Queta began this victorious cycle in the state of Utah a cultural reality very different from what he had left behind in Portugal resulting in some initial struggles to adapt to this new reality Indeed, it did. After three successful seasons at Utah State, he became the first Portuguese player to play in the NBA in 2021, when he was selected in the second round of the draft by the Sacramento Kings He signed a two-way contract in Sacramento which allowed him to play with the first team as well as the B team in the G-League he was never able to crack into the first team rotation and the Sacramento Kings waived him prior to the start of last season “You have an idea of what’s going on and from there it’s a matter of moving on Some believe that when one has faith, whenever a door gets slammed in his face, another tends to open. That turned out to be the case for Queta as one week after leaving Sacramento, a team that has never won the NBA title, he signed for the Boston Celtics He said joining the Boston Celtics was “a source of pride” for him “I don’t even know how to explain it,” he told O Jornal at the time “I’m very happy with the way things have developed We have been playing very well and the season has gone very well Now it’s a matter of continuing to stay on this path so that we end the year in a happy fashion.” He also signed a two-way contract with the Boston Celtics who rewarded him with a standard contract that will keep him with the team for another three seasons Queta finished the season averaging 5.5 points and 4.4 rebounds in 11.9 minutes per game but obviously hoped to see those numbers go up in the current season the Boston Celtics hoped that Neemias would provide frontcourt depth But the Portuguese international prefers not to put additional pressure on himself “I don’t think about it,” he recently told Portuguese newspaper Tribuna Expresso “I know that I still have a lot to work on and I know that every day I will do it with the desire to improve I’m just giving Joe [Celtics coach Mazzulla] headaches he was given extended minutes right at the start of the pre-season and grabbed the opportunity His first chance came during the second pre-season game a 115-111 victory over the Toronto Raptors and he responded by grabbing 15 rebounds to go along with 12 points and five assists In a post-game interview with Abby Chin of NBC Sports Boston he said that he was just trying to show “a little bit of versatility.” “We (are) always out here plugging holes and figuring out what our roles may be every single night but just playing hard and filling in wherever the team needs me I feel like we played hard and got a little bit of everything done,” he said He also expressed his happiness with the chance to play by pointing out that “we don’t get a lot of opportunities to come out here and play as many minutes as we did tonight but we’ve just got to take advantage of them and play as hard as we can In his post-game interview with Boston Celtics on SI Mazzulla pointed out that “Neemy's defensive awareness and execution has grown and his offensive effectiveness -- his screening his spacing – he’s another guy that takes his role seriously In the pre-season finale, a convincing 127-99 victory over the Charlotte Hornets Queta was given 13 minutes of playing time and turned in 12 points and seven rebounds Mazzulla sounded pleased with the progress shown by his Portuguese-born center “He’s gotten better and better every day since he’s been with us,” said Mazzulla “And just his ability to pick up on our defensive schemes for a guy like him is the most important thing I thought he saw great strides in what we’re asking him to do defensively.” Queta added to his resume by showing improvement on the offensive side “The ability to play in the offensive end is huge and our staff has done a great job developing him since he’s been here,” Mazzulla added The coach continued to show his faith in Queta as the regular season moved on he had 12 points and seven rebounds in 14 minutes of action the words of praise came from teammate Derrick White “[He] seems to get every offensive rebound I think he’s just a little bit more comfortable knowing where to be at on offense,” White said and he's been really good for us in training camp and tonight.” when Queta was given his first career start His performances had been on an upward trend consistently getting 10+ minutes of playing time but after this game he received glowing praise from his coach he doesn’t know how good he can be,” Mazzulla said after the game I thought he did some great things for us tonight we all gotta hold him to that standard every single night.” and I’m grateful he allows me to coach him,” Mazzulla added “He’s starting to realize how good he really can be You see what he’s capable of when he’s at his best Queta is currently averaging 6.4 points and 5.4 rebounds “I feel like there’s still a lot I can learn or be better at,” Queta said in closing The more I can develop into those skills and hone into them Finangeste Frederico Gonçalves 2 April 2025 9:00The Vale da Amoreira Urbanisation Plan (PUVA) is set to be developed in the Penha and Vale da Amoreira areas just one kilometre from Faro's city centre "This is one of the largest projects in both the Algarve and Portugal," says Finangeste in a statement The project is being developed in partnership with an undisclosed international investor The plan includes the construction of 1,641 residential units with a potential construction area of 168,000 square metres the PUVA will be divided into various plots which is one of the leaders in real estate investment as well as in credit acquisition and management and company acquisitions in Portugal According to Finangeste, a large urban park spanning over 10 hectares will be created in this area of the Algarve, which will become the largest green space in Faro. The park will feature bike lanes, playgrounds, and sports facilities, among other amenities. Finangeste"Like other Finangeste projects, the PUVA stands out for its focus on urban regeneration, sustainability, and the creation of spaces that enhance quality of life and stimulate the economic vitality of the surrounding regions," reads the statement. The project is being developed in phases, with around 60% of the infrastructure work already completed, according to the company. The area under development spans 168,000 m2, and it is expected that 1,461 residential units will be released to the market in the coming years. These homes will be sold "at reasonable prices." The landscape architecture is being led by architect Álvaro Manso, and several companies have contributed to the development of the project, including CPU Architects, GEG Engenharia, Oyster PM (oversight), and Casais Construction, Finangeste notes, positioning itself "as a significant and active investor in the Portuguese market." When making the decision of where to live in Portugal there is little doubt amongst buyers in 2024 and 2025: municipalities near Lisbon attract the most interest possibly due to offering more affordable housing prices than the capital living on the outskirts of Lisbon provides access to the same employment opportunities Too many automated requests from this network Please enable JS and disable any ad blocker The President of the Republic Marcelo Rebelo de Sousa and the Prime Minister, Luís Montenegro, have congratulated Neemias Queta on winning the North American Basketball League (NBA) with the Boston Celtics In a message published on the Presidency's website the head of state praised the Portuguese player for not giving up on his dreams and Neemias Queta is a great example of how a dream that was born in Vale da Amoreira became a reality in top of world sport Congratulations Neemias for never giving up on your dreams May your example continue to inspire young Portuguese people!" reads the message from Marcelo Rebelo de Sousa Luís Montenegro also highlighted that Neemias Queta is the first Portuguese NBA champion "Another historic result for Portuguese sport The Portuguese spirit is alive and revealing itself every day NBA champion with the Boston Celtics in his first season with the Massachusetts team and in his third season in the competition in which he was the first Portuguese basketball player to play when he was chosen in the draft by Sacramento Kings to win the most desired basketball title at club level Carris Metropolitana is making a significant network upgrade: more weekend timetables on line 4701 which connects the municipalities of Lisbon Moita and Montijo; changes to the connections to the Beatriz Ângelo Hospital in Loures; and various other adjustments to the municipal and inter-municipal lines in Loures and throughout area 4 one of the most significant updates to the Carris Metropolitana network since its launch between the summer of 2022 and January of this year will come into effect which connects Lisbon to Vale da Amoreira and is a success story several lines will no longer be able to enter the Beatriz Ângelo Hospital And there are also improvements in areas 2 and 4 In response ton view of the growing needs of passengers Carris Metropolitana has announced significant improvements to line 4701 The new timetables come into force this week The line 4701, between Lisbon (Oriente) and the Amoreira Valley - with passage through Launched Alto de São Sebastião e Alhos Vedros - has played a vital role in the mobility of the south bankIt is an option to individual transportation in an area where heavy-duty alternatives are practically absent adjustments will be made to circulations and the offer will be strengthened both on weekdays and weekends Since the start of Carris Metropolitana's operation in area 4 in June 2022 this is the fourth reinforcement of line 4701 two schedules were introduced with an Express feature departing from Vale da Amoreira towards Lisbon via the A33 making it possible to reduce journey times in the early hours of the morning The alternative is to walk for six minutes In addition adding two extra timetables to line 2026 increasing the supply of small buses with access to the interior of the Beatriz Ângelo Hospital timetables will be introduced at 6.40am and 9.15pm During the school and summer vacation periods there will be an additional run at 7:00 and another at 20:00 These are all the Carris Metropolitana lines that serve Beatriz Ângelo Hospital: More information on these changes can be found here the following updates to the Carris Metropolitana area 4 network (municipalities of Alcochete Palmela and Setúbal) will also come into force: More information on these changes can be found here Area 4: Network updates from November 1st.Find out more at https://t.co/3m5m6sHrcR pic.twitter.com/kTJ1xBbGIp the following updates will also come into force on the municipal and inter-municipal network of Loures (which is part of area 2 of Carris Metropolitana): More information on these changes can be found here. View this photo on Instagram A post shared by Carris Metropolitana (@carrismetropolitana) MB Way: 933 140 217 (indicar “LPP”) Ou clica aqui Podes escrever-nos para [email protected] O LPP / Lisbon For People é um jornal local dedicado à cidade e à área metropolitana de Lisboa editado de forma totalmente independente e sem fins lucrativos ' + scriptOptions._localizedStrings.webview_notification_text + ' " + scriptOptions._localizedStrings.redirect_overlay_title + " " + scriptOptions._localizedStrings.redirect_overlay_text + " Engel & Völkers Editorial Team 18 September 2023 12:00The demand for housing in Portugal continues to grow and there are areas that are attracting more interest from investors - both domestic and foreign This is the case of tourist destinations such as Lisbon which stand out as the most sought-after regions for investment according to the Market Report released by consultancy Engel & Völkers (E&V) "The city of Lisbon is now a consolidated tourist destination In addition to its attractions and lifestyle it benefits from an internationally competitive infrastructure of services and facilities Demand should remain stable and high in 2023 with a boost from tourism and international buyers," says Vanessa Moreira demand for housing in the municipality of Lisbon will stabilise at 8,000 transactions in 2022 the "increase in inflation and interest rates during 2022 did not affect the dynamics of demand," and there was even a slight increase in transactions international buyers account for around 13%of all housing purchases in the municipality of Lisbon with a greater presence in the parishes of Santo António house prices in the municipality of Lisbon continue to rise justified "by the interest of national and international buyers and the reduced supply of residential product" Engel & VölkersFrom celebrities to royalty: Comporta and Melides on the radarAccording to E&V the Comporta-Melides region "has been gaining notoriety because it has begun to attract celebrities politicians and even royalty to its beaches" new resorts and residential projects have sprung up with good infrastructure and support facilities which "make the region very attractive for investment" Demand for housing increased in the parishes of Comporta (Alcácer do Sal municipality) and Melides (Grândola municipality) which was reflected in the number of sales in the Alcácer do Sal and Grândola regions Resales continue to account for the vast majority of housing transactions they account for around 60%of all housing transactions British and Belgians leading the way in housing purchases in this market "Housing prices have also increased very significantly reaching average offer values of 6,500 euros per square metre by the end of 2022," the consultancy reveals Demand has been gradually increasing, reaching 526 transactions in 2021 and registering some decrease in 2022, "which should be recovered in 2023", according to E&V. International buyers account for around 90% of all home purchases, with British, US, German and Dutch international buyers leading the way. House prices have risen by 35% since 2019, with the increase in inflation in 2022 stabilising values at 3,830 €/m2. 20 properties with negotiable prices in Portugal With the cost of living still high and 2025 well underway buying a home in Portugal might seem like a challenge it’s also the perfect time to start your property search — and there’s still time to secure your dream home before summer Herdade da Comporta Editorial Team 5 June 2019, 15:59The sale of two real estate-tourism assets in Herdade da Comporta for a cost of 158 million euro was one of the major real estate deals in Portugal in 2018 The new owners – a consortium formed by Amorim Luxury (Paula Amorim) and Port Noir Investments (Claude Berda) – have been negotiating access to land and infrastructure shared with Herdade da Comporta and the title deed was signed in April According to the Jornal de Negócios, the new owners of these two assets, located in the Alentejo municipalities of Grândola and Alcácer do Sal needed to negotiate access to land and infrastructure facilities like electricity such services were shared with Herdade da Comporta which is in the custody of the Portuguese and Swiss courts as part of the insolvency of the Espírito Santo Group The representatives of Paula Amorim and Claude Berda have been negotiating particular aspects with the courts such as easements of passage so that these two assets are not dependent on Herdade da Comporta in terms of infrastructure The winning consortium is formed by Amorim Luxury (Paula Amorim) and Port Noir Investments (Claude Berda) with the Portuguese entrepreneur controlling 12% of the consortium and the French millionaire who also controls Vanguard Properties in Portugal The first phase of the consortium's intervention in the project involves building 52 tourist villas which involve an investment of 300 million euro The consortium announced its plan for Comporta in November which involves development over a period of 15 years and an investment of one billion euro From the original Portuguese article: Comporta passa para as mãos de Amorim e Berda em abril (Jornal de negócios) Eslam Tolba on Unsplash Emma Donaldson 13 February 2025 9:00The Portuguese housing market has shown remarkable resilience ending 2024 on a high note with strong expectations for 2025 according to the latest December 2024 Portuguese Housing Market Survey from RICS and Confidencial Imobiliário The report highlights an 11% increase in property prices year-on-year and a 27% surge in sales volumes underscoring the market’s robust performance attributes the rise in demand to falling interest rates and strong buyer responses He notes that both families and investors have quickly capitalised on the shift in market conditions contributing to a sharp rise in transaction activity one of the Algarve’s most prestigious resorts.” As the Algarve continues to attract international buyers the Portuguese housing market remains buoyed by solid domestic demand explains that Portugal’s strong economic performance driven by both domestic growth and a thriving tourism sector positions the country to outperform the rest of the Eurozone in 2025 “With macroeconomic headwinds easing and policy rates likely to be lowered Portugal is well-positioned to maintain its solid performance,” Parsons says The latest survey also shows increased buyer enquiries both sales and price expectations remain positive with strong projections for the first quarter of 2025 With demand spanning all types of property in the Algarve market experts are confident that the coming year will be another strong one for the Portuguese housing market “Expectations for 2025 are incredibly positive,” says Alda Filipe “Demand is broad-based across all property types in the Algarve and we anticipate another strong year for the market.” Portugal’s appeal to both domestic and international buyers is set to drive further growth making it an exciting year ahead for the housing sector Find property for sale in Portugal Estalagem da Cegonha, Vilamoura - Arrow Global Portugal Editorial Team 16 November 2023 there is a property that stands out for its historic character: the Estalagem da Cegonha a 16th century building that was visited by kings and poets such as Dom Sebastião and Luís de Camões And now a new chapter in its history is being written: the old building has been acquired by the funds managed by Arrow from the Discovery fund for 90 million euros a new luxury boutique hotel and 21 villas "Estalagem da Cegonha is an emblematic building in Vilamoura We believe that the building and the land that forms part of it have enormous potential and we have a unique project for this magnificent infrastructure that is five centuries old," commented John Calvão The purchase of Estalagem da Cegonha includes two plots of land that will be used for tourism and housing: When questioned by Lusa about the value of the acquisition a source from the Arrow group declined to reveal the amount saying only that an investment of 90 million euros is planned including the requalification of the space Vilamoura - Arrow Global PortugalProject to attract premium tourism to Vilamoura"The grounds of Estalagem da Cegonha are particularly important because it is the manor house of the former morgado of Quarteira acquired in the late 1960s by Cupertino de Miranda seen as Vilamoura's first visionary," adds João Bugalho In turn, the sale of this historic building is part of the ongoing divestment plan of the Discovery Portugal Real Estate Fund, which has already accumulated 100 million in sales. "Estalagem da Cegonha has benefited from active management initiatives in terms of urban planning and licensing which, together, have contributed decisively to a strong increase in the property's value" and the creation of value for the fund's investors, says the same publication. Pexels Vanessa Sousa 16 January 2025 10:00People have been buying homes in Portugal at increasingly higher prices with the average cost reaching 221,272 euros in the summer of 2024 the regions show significant differences in the prices of homes sold reveals the National Statistics Institute (INE): while in Greater Lisbon and the Algarve purchasing property is 50% more expensive than the national average the average cost of buying a home is under 150,000 euros making them the cheapest regions in the country There are five regions in the country where the price of homes sold was below the national average calculated for the third quarter (221,272 euros) The cheapest areas to buy a home were Alentejo (113,329 euros) and the Central Region (124,095 euros) revealing prices below 150,000 euros and almost 50% lower than the national average Alongside these are the Oeste and Vale do Tejo (155,977 euros the Autonomous Region of the Azores (164,344 euros; -26%) the data published by the institute at the end of December 2024 Portugal's North region plays a prominent role in the geographical distribution of transactions as it recorded the largest share of homes sold (12,407 sales The Central region also attracted interest from families looking to live there the North is the most sought-after region for buying a home in the country and one of the five regions where the price of homes is below the national average there are five regions where buying a home is more expensive than the national average a value 68% higher than the average price of homes sold nationally followed by the Madeira region (238,314 euros and the Porto Metropolitan Area (223,258 euros Despite having the highest housing costs in the country Greater Lisbon continues to attract families to buy homes the second-largest share after the North region accounted for only 5% of total transactions Mélanie Arouk on Unsplash Editorial Team 29 May 2023 15:41Around 90% of buyers interested in property in the Algarve region of Portugal are there for second homes attracted by the more than 300 days of sunshine a year and the tranquility of the region to enjoy holidays according to the latest study by Engel & Völkers Less than 20% of investors in the Algarve region are Portuguese citizens The remaining 80% of buyers are foreign citizens Let's have a closer look at property investment in the Algarve in 2023.  The Algarve region in Portugal has been a popular destination for foreign property investment for many years the Algarve offers attractive opportunities for individuals looking to invest in real estate.  The Algarve has shown consistent growth in property values over the years The region attracts a significant number of tourists ensuring a demand for rental properties and perhaps some of the best rental yields in Portugal.  other nationalities are also "beginning to gain ground "The number of North American investors is also increasing significantly," when it comes to property investment in the Algarve AlgarveOK on Unsplash"The Algarve region attracts a lot of investment proximity and the quality of the beaches on the Algarve coast Foreign investment represents 80% of the total investment made in the region and the demand focuses mainly on properties that are intended for second homes It is also notable the increase in demand in more secluded regions of the Algarve These villages are sought after above all for their pristine landscapes Regional Manager of Engel & Völkers Portugal Most buyers in the Algarve are under 55 years old and have an active professional life do not want to live more than ten minutes by car from the nearest main town they are ideally looking for properties with sea views or located within walking distance of the beach "The Algarve is internationally renowned for the quality of its golf courses Given its reputation at this level and the numerous golf courses scattered throughout the region a large part of the investors end up being enthusiasts of this sport." Salgados GolfProperty prices in the Algarve: luxury villas and apartmentsThe report also added information about the cost of luxury property in Portugal another popular option with foreign investors In the Algarve's luxury real estate sector vary between four thousand and eight thousand euros exclusive villas cost around 2 million euros while villas in Vilamoura are priced at around 3 million given their prestigious location More information about house prices in Portugal in 2023 For all of your real estate needs and the best properties for sale in the Algarve, look no further than idealista. All the signs show that it is worth investing in property in Portugal, and you're sure to find something that suits your needs in our selection of the best property for sale in the Algarve.  and encompassing a growing constellation of contemporary variants (tarraxo fodencia) along with global sounds like house and Afrobeats and other points in the Afro-Lusophone diaspora changing shape all the way; they ricochet back and forth across Lisbon’s suburbs with crews on opposite sides of the Tagus river coming up with different takes on the ever-mutating form Nídia represents a widening of its global footprint she had danced to batida with a group of friends who dubbed themselves Kaninas Squad armed with FL Studio and some YouTube tutorials and set about developing her own take on the sound But she loses the borrowed surname on Nídia é Má The record is both a contribution to the style and a fierce declaration of independence Its title translates loosely as “Nídia is bad in the “not bad meaning bad but bad meaning good” sense of the term.) The opening track is all swagger: Insistent horn fanfare the defiant cry of “Mulher Profissional!” (“Professional woman!”)—as defiant as a fighter’s ring-walk anthem it’s a triumphant way for the 20-year-old musician to declare that she is all business What follows this brassy intro is a succession of short Most of them are well under three minutes long as though someone had tossed a brick of firecrackers onto a Korg factory assembly line Nídia’s music won’t sound completely alien But much of the album is imbued with a tough a not-to-be-fucked-with vibe that is hers alone “Biotheke” rides a complicated drum groove that feels perpetually on the verge of collapse as it traces its tornado-like path through a mess of metal and wood In “É da Banda,” the clattering drum sounds seem almost random at first; it’s only when the kick asserts its gravitational pull that all the elements fall into place Stripped of everything but snapping drums and a high-pitched it makes for a dazzling display of her rhythmic skills key-clashing sounds lent 2015’s Danger EP an extra hint of menace but here they definitively become her signature haunted-carousel melody of “Biotheke” sets into stark relief the tune’s clanging percussion and deadweight bass riffs “Mulher Profissional” is a riot of tinny frequencies and stabbing motions; “Arme” bristles with needling tones and a piercing melody that sounds like a tape being fast-forwarded Max Slch on Unsplash Editorial Team 8 November 2023 Time Out interviews thousands of residents to find out which is the most interesting neighbourhood their city has to offer What places do locals love and visitors frequent the magazine drew up a list of the 40 coolest neighbourhoods in the world Portugal once again appears in the ranking but this time neither Lisbon nor Porto stand out is home to the 18th coolest neighbourhood in the world "On the other side of Lisbon's 25 de Abril bridge is a place of tranquillity by the sea that some call "Capifornia" for its surfing waves Costa da Caparica has always been a summer destination but in recent years it has welcomed a new international audience that is remodelling and revitalising the area Community is the word: people get to know each other Costa da Caparica - Elio Santos on UnsplashThe list is made up of 40 neighbourhoods spread across several continents, with first place on the podium going to the Laureles neighbourhood in the bustling Colombian city of Medellín. In second place is Smithfield, in Dublin, Ireland, and in third place Carabanchel, in Madrid (Spain). The top 5 coolest neighbourhoods in the world also include Havnen, in Copenhagen (Denmark), in 4th place, and Sheung Wan (5th place), in Hong Kong.  In sixth place is the Brunswick East neighbourhood in Australia, followed by Mid City in New Orleans, USA.  In eighth place is Isola in Milan, Italy, and in ninth place is the West neighbourhood in Amsterdam, the Netherlands. In 10th place is Tomigaya, in Tokyo, Japan. idealista Editorial Team 16 March 2022, 16:25Currently, the world is witnessing a war and uncertainty hangs in the air. The news comes rushing into our homes, arousing fear and concern about the future. However, it is essential that we are able to take a step back and we have just the thing to help. It could be a good time to step out and change your life without spending a lot of money: a house surrounded by nature, where fresh air reigns, could be the ideal solution if you want to escape, far from bad news. It's a good time to enjoy some peace and quiet and enjoy outdoor activities with the family, appreciating the charm of the landscape that surrounds you.  If you like this idea, take a look at the more than 100 houses where you can enjoy complete peace and quiet in Portugal from 60 thousand euros that we have selected for you: Baía do Tejo site of the South Lisbon Bay developments Editorial Team 16 February 2018 which will be built on the old Lisnave lands in Almada one of the administrators of Baía do Tejo (BT) a company in the corporate sector of the state the Arco Ribeirinho Sul will be totally renovated The real estate megaproject already has five investors interested and the public bid will open and the end of the semester which aims to revolutionise the area next to the river Cacilhas has been approved and published in the Diário da República newspaper since 2009 after a long waiting period characterised by “two steps forward There are already five investors interested: a Chinese group a North American group and two consortia composed of Portuguese companies One of the managers of BT, Sérgio Saraiva, who spoke with idealista/news during a networking trip which took 50 real estate professionals to visit the lands of the Lisbon South Bay, has defended the importance of the project, which will help the Lisbon metropolitan area be recognised internationally. The project has been on hold for some time The project was approved in 2009 but the idea of transforming the old warehouse, which stopped all activity in 2000, into a new urban area, is still going strong. Think of the Expo, for example – about what it was and what it is today, and maybe we can identify some common features. Seeing the Expo 98 and that whole area, nobody thought it would be possible to create a “new city” there. Even so, that’s what happened and this project, too, is going to continue. "Seeing the Expo 98 and that whole area, nobody thought it would be possible to create a ‘new city’ there.” Yes. Now we are in the promotion phase. A sign that we’re still on the right track is that large international group have shown interest in developing this whole project. We are talking about new icons, about creating new urban areas. We are talking about investors who were interested a year ago and are reaffirming their interest now. But are there still people who believe in the project? The thing with this project is that it’s been on hold for a long time and the truth is that this situation has fed disbelief. As such, it’s normal that people’s expectations have dropped but when we bring international investors, and many have come to visit this land, the question of time becomes irrelevant because they have started to see the lands now. “We believe that in a few years this will be the new icon of Lisbon, like the Expo is today.” For us, Portuguese citizens who have seen these lands since ages ago, it’s different. Therein lies the importance of Portuguese people visiting [referring to the networking trip promoted by the APPII], so that they too can believe in the project. It’s a bit like a football team, we have to win in the dressing room first to be able to play in the Champions League. We try to show the Portuguese people that this project really can go forward. We believe that in a few years this will be the new icon of Lisbon, like the Expo is today. The Cidade da Água will be ready in 10-15 years. Of course, we will have some things ready before that, but that is the expectation. The development period of the project has that temporary horizon. Apart from that, we also want to invest in the rehabilitation of the two business parks (Barreiro and Seixal) to attract more businesses. “The Cidade da Água will be ready in 10-15 years. Of course, we will have some things ready before that, but that is the expectation.” What’s more, the possibility of transferring the new airport to the southside is also being studied. It’s another important tool, obviously, and could bring the most out of, and feed into, these projects. Lots of investors ask us when the airport will be ready because it’s a very important factor when it comes to deciding whether to invest here in the Cidade da Água or not. The projects are complementary. We believe that the Cidade da Água, thanks to its size, has a powerful brand and others will benefit from it. Foreign property investment trends in Portugal Francois Olwage on Unsplash Editorial Team 31 October 2022 5.9% of property transactions were carried out involving buyers with tax address outside Portugal according to data released by Engel & Völkers in its Market Report Around half of foreign buyers are members of the European Union and transactions with buyers resident the EU increased by 72.3% the Algarve is the favourite of foreign investors But where do foreigners most like to invest in Portugal The village of Funcho de Diante, Silves, Algarve/ LUXIMO'S Christie's International Real Estate Editorial Team 17 October 2019 17:52One has 11 houses under restoration and is advertised for 900,000 euros while the other takes up 10 hectares and is on the market for 1.8 million euros At a time when climate change is high on the planet's agenda in Portugal there are now proposals for green and sustainable investment two villages that are for sale: the village of Emprôa and Covelo de Paivó "These villages have attracted the interest of foreign investors seeking to develop projects in the field of ecotourism, focusing on nature conservation, restoration of biodiversity and preservation of natural heritage," says Ricardo Costa, CEO of LUXIMO'S Christie's International Real Estate, which markets the assets in question. "The sector that seeks to explore nature, with routes of visits and contemplation immersed in magnificent landscapes and pure air, has been growing in our country," adds the leader. It is called the enchanted town and is close to the Frecha da Mizarela waterfall, the highest in mainland Portugal, the beautiful footbridges Serra da Freita and Paiva, often distinguished by the World Travel Awards, and the well-known Arouca Geopark, distinguished by UNESCO as a Geological Heritage of Humanity. We are talking about Emprôa and Covelo de Paivó, located 15 minutes from Arouca and less than an hour from Oporto. The town, which is actually the union of two towns, Emprôa and Covelo de Paivó, where 14 families lived, now has eleven houses under restoration in an area of almost 854 square meters. On the LUXIMO'S website, the sale value is 900,000 euros. According to Ricardo Costa, these two villages are sold together and are now part of the same company, owned by a local investor. At this moment, part of the houses are already in the reconstruction stage. It also highlights the incredible history of peace in this area. Even today, the traces of tungsten mining are visible, the so-called black gold, used to produce war material during the two world wars. This was a place that had the peculiarity of having mines explored at the same time by Germans and English. They were in conflict in Europe, but lived peacefully in Arouca, in northern Portugal, a situation described in several works of Portuguese literature. Another town for sale is in the south of the country in Silves, Algarve, is the village of Funcho de Diante. Abandoned in 1974 after the construction of the Funcho dam, the village of Funcho de Diante occupies around 10 hectares and is for sale for 1.8 million euros, according to the LUXIMO'S website. With a land area of 93,839 m2, allows a construction area of 768 m2. LUXIMO'S Christie's International Real EstateLocated in the middle of the Iberian Lynx route and offers a dazzling landscape. "Everything in this place is attractive: the magnificent natural landscape that invites relaxed walks along the banks of the river Arade, traditional houses overlooking the river, mountain walks, diving and sports or leisure activities in the river and not least, tranquility and cuisine here," says LUXIMO'S. Ricardo Costa says that "the natural conditions make this village an extraordinary perfect environment to develop a sustainable tourism project in rural areas or a project related to health". it’s also the perfect time to start your property search — and there’s still time to secure your dream home before summer.