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However, luxury housing is an important market in Portugal, especially in the larger cities, as well as in Algarve, Cascais and the South Bank of the Tejo. All of the real estate market in Portugal is still recovering from a crisis, which means there are many empty houses in the suburbs, as well as construction firms in financial trouble.
The rental market is strong in Lisbon, Porto (shown here), and the Algarve region, so even if you don’t want to use your house in Portugal (which in addition to its stunning beaches is known for ...
Thousands in the Portuguese capital petition authorities to hold a vote on restricting vacation rentals as locals complain they are being priced out of the city by tourism. Lisbon residents call ...
Rosa Santos has lived in Lisbon's historic neighbourhood of Castelo for decades but a boom in holiday rentals has made her feel like she does not belong. Plans for a housing referendum are giving ...
Uniplaces was founded in 2012 by Miguel Amaro, from Portugal, Ben Grech, from England, and Mariano Kostelec, from Argentina, having its headquarters in Lisbon and an office in London. The three co-founders met at the University of Nottingham and at King's College London, and first came up with the concept in the Summer of 2011. In November 2011 ...
It is nonetheless important to notice that the value of the rents is quite low because of many contracts stipulated decades ago, with 28.17% (25.34% in Lisbon) of the dwellers paying less than €150/month [27] because of the rent-freezing system that was adopted in Portugal in the late XX century, allowing that many people, now mostly elders ...
Four Seasons does not own any of its properties; [27] it operates them on behalf of real estate owners and developers. For example, its Las Vegas hotel is part of the Mandalay Bay complex. The contracts between Four Seasons and property owners typically permit the company to participate in the design of the property and run it with nearly total ...
In April 2019, GuestReady acquired BnbLord, the largest short-term rental management company in France and Portugal by delivering short-term rental management on a portfolio of 1,000 properties. [8] [7] [16] [17] The founders of BnbLord, Léo Bonnet, Jacques Lavie, and François Lavie, joined the GuestReady Group in senior management positions ...
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