Buying a house on plan: yes or no?
Discover the advantages and disadvantages of buying a house on plan. Buying property on the ground is a very popular form of purchase in Portugal, especially in urban areas. This is a very advantageous business opportunity for developers, since by obtaining buyers at an early stage, they get a return on the financing they have […]
Azora now controls hotels, LA and golf courses in Óbidos
A company owned by Azora bought 4 tourism companies from venture capital manager Oxy Capital. The amount was not disclosed. Hospitality in Portugal has been a hit and remains attractive in the eyes of investors, at a time when commercial real estate investment in the country has declined. Proof of this is the fact that […]
Póvoa de Varzim launches tender to build social housing
Houses will be made available on a supported rental basis, particularly to young families. The Póvoa de Varzim City Council, in the district of Porto, has launched a public tender, worth 6.1 million euros, for the construction of 48 social housing apartments, to be rented out at controlled costs. The tender procedure, published in Diário […]
PRR finances construction of 17 houses in Cantanhede
The construction of these homes follows a collaboration agreement between the municipality and IHRU, signed in 2023. Cantanhede City Council is going to build 17 homes for low-income people as part of the Local Housing Strategy, with funding of 2.7 million euros from the Recovery and Resilience Plan (PRR). According to this municipality in the […]
Marco da Silva Ferreira finalist for the first International Rose Dance Award
Portuguese choreographer Marco da Silva Ferreira and Brazilian Lia Rodrigues are finalists for the first edition of the 2025 Rose International Dance Prize, launched by the Saddler’s Wells theater, it was announced today in London. Marco da Silva Ferreira was nominated for his work “Carcaça”, which was awarded the prize for Best Choreography by the […]
Agriculture Minister warns of possible end to EU support for distillation
The Minister of Agriculture, José Manuel Fernandes, warned today in Luxembourg of the probable end of European Union (EU) support for wine distillation, which in 2023 amounted to more than 18 million euros. Speaking on the sidelines of the EU Council of Agriculture Ministers, the minister said that last year “more than 18 million euros […]
Airbus Atlantic Portugal to hire 50 more people in 2024
Airbus Atlantic Portugal will hire another 50 employees to join its Santo Tirso unit, aiming to have 350 workers by the end of 2024, the company said today. In addition to hiring new employees, Airbus Atlantic has implemented a program to attract and retain talent that focuses on team autonomy, continuous training and mentoring, as […]
João Canijo’s film “Mal Viver” contends for Latin American prize
João Canijo’s film “Mal Viver” is a candidate for a new award, the Latin American Critics’ Prize for European Films, the winner of which will be announced in June at the Guadalajara Film Festival in Mexico. The award is an initiative of the European Film Promotion network, and the list of 23 European candidate films […]
Government soon to publish ordinance benefiting 100,000 more farmers
The government will soon publish an ordinance that will make life easier for more than 100,000 farmers by simplifying the rules of the Common Agricultural Policy (CAP), Agriculture Minister José Manuel Fernandes announced today. The publication of the decree, said the minister, which results in the removal of barriers, simplification of cross-compliance rules and the […]
Tax authorities do not charge IRS amounts of less than 25 euros and do not refund less than 10 euros
The law provides for minimum amounts below which the tax authorities will not issue collection notices or make tax refunds and, in the case of the IRS, these ceilings are set at 25 and 10 euros respectively. At a time when several thousand private taxpayers are waiting for their IRS to be refunded, the Tax […]