Imagine owning a piece of a high-value property without needing a massive budget. That's the power of real estate tokenisation. It's taking off worldwide, making property investment more accessible, faster, and clearer. What Is Real Estate Tokenisation? Simply put, real estate tokenisation turns property value into digital "tokens" on a blockchain. Think of it like buying shares in a company that...
Lagos, with its stunning coastline and vibrant culture, is not only a sought-after tourist destination but also a promising location for real estate investment. The confluence of booming tourism and a steadily appreciating property market creates a unique opportunity for investors seeking both capital growth and rental income. Lagos Tourism: An All-Time High Portugal's tourism sector has...
Recent changes in Portuguese law (Decreto-Lei n.º 117/2024) have sparked discussions about the reclassification of rural land for urban housing development. To provide clarity for our international clients interested in the Lagos and Western Algarve region, we've summarized the key points: The Goal: Addressing Housing Needs The primary aim of this legislative update is to increase housing...
In 2024, the market recovered from a series of impactful decisions taken in 2023 by the outgoing government. The changes in NHR, Golden Visa and Alojemento Local went viral in the news and came as a cold shower for many investors. Fortunately, after the demission of Antonio Costa's government, the new government took action to stabilize and reassure investors. While the year started slowly in terms of...
This year has been a remarkable journey of milestones and shared experiences. Selling a home is rarely a simple transaction; it's often intertwined with life's significant moments. I've had the privilege of guiding clients through cross-country moves, navigating complex bureaucracy, and supporting them through the inevitable stresses of the market. From patiently navigating challenging situations to...
You've finally found the perfect property in the Algarve – the stunning views, the ideal location, and everything you've dreamed of. But then you discover it has some irregularities. What should you do? Don't panic. While this is a common occurrence in Portugal, it's crucial to understand the implications and take the proper steps to protect your investment. The Algarve's stunning coastline and...
The construction of two new Hilton hotels near the Lagos Marina marks a turning point in the revitalization of this area and promises to boost the local real estate market. With a planned opening in 2026, the Lagos Marina Hotel, Curio Collection by Hilton (5-star) and the Hilton Garden Inn Lagos (4-star) bring with them a substantial investment and the promise of a vibrant future for the...
November 2024 brings significant changes to the Alojamento Local (AL) landscape in Portugal. Starting November 1, 2024, Portugal has loosened its grip on short-term rentals, reversing some of the stricter rules introduced in 2023. These changes to the Alojamento Local (AL) laws are designed to provide a more stable and flexible environment for property owners, especially those renting out...
The Algarve's allure is undeniable, with its stunning beaches, vibrant culture, and idyllic lifestyle attracting many to consider building their dream homes in this beautiful region. However, understanding the cost implications and the steps involved is crucial for making informed decisions. As a seasoned real estate agent in Lagos, I'll provide insights based on official sources and my experience to...
In the dynamic Lagos real estate market, securing the right agency to sell your property is crucial. While the allure of low commission fees offered by some agencies, as low as 2.5%, may seem tempting, opting for the cheapest option may not yield the best results. Established agencies, typically charging 4-5% commission, offer a range of benefits that justify the higher cost. Let's explore why investing...
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