News

Residents in the Algarve are eagerly awaiting the 12th round of the Grand Prix happening this weekend, 23rd-25th October, at the Autódromo Internacional do Algarve in Portimão.

Portugal has officially been introduced to the air travel corridor list for the UK meaning anyone travelling to the country will not have to quarantine when they return to the UK.

Portugal’s Golden Visa Program was adopted from a massive real estate residency program that provides non-European nationals and their families the right to travel within the Schengen zone freely.

Ideal Homes International has just announced they will be hosting another three day webinar following on from the success of their Virtual Vantage event at the beginning of July. For anyone interested in buying a property in Portugal or Spain this summer, make sure to sign up in order to tour reduced properties across the Algarve and Costa Blanca first hand.

On July 3rd, the UK government released a list of the countries it had air bridges with and a variety of the UK’s popular holiday destinations such as Spain, Italy, France and Greece were mentioned but one of the most noteworthy absences was Portugal.

Ideal Homes Portugal have recently announced they will be hosting 16 days of webinars and virtual tours starting the 1st July. Everyday will comprise of two webinars with the first starting at 1pm GMT+1 and the second at 5pm GMT+1, one of which will be dedicated to Portugal ensuring clients are getting all the information they are looking for when buying property in the Algarve.

The Consulate General of Portugal in Macau and Hong Kong have recently expressed the noticeable increase in the interest from citizens currently living in the former British colony wanting to relocate to Portugal. 

As Portugal continues to be praised internationally for the way it has handled and contained COVID-19 across the country, it has announced that as of May 4th, the State of Emergency will officially come to an end.

Changes to the Portuguese Golden Visa scheme have been announced this week and it is good news for the Algarve! In changes proposed by the government, it will no longer be possible to obtain a Golden Visa by investing in the country’s two biggest cities, Lisbon and Porto, meaning that the Algarve will become one of the most attractive locations in the country for investors looking to secure the best return on their investment.

The Overseas Property Show announces its return to Bangkok, Thailand on 15th and 16th February, 2020. After a successful show in Bangkok in November 2019, it is coming back and this time it’ll be at Sheraton Grande Sukhumvit Hotel running from 10am-5pm each day.  The show will feature award winning agents and expert advice about buying properties in the popular hot spots of Portugal, Spain and Florida. Attendees will receive all of the information that they need as well as free personalised consultations. Entry is free. 

Are you interested in maintaining your EU citizenship post Brexit? Now there is a way. By buying an investment property in Portugal for 500,000€ (400,000€ in the Algarve) you can receive a Golden Visa for you and your dependents giving you the right to live and work in any country in the Schengen Area (most of the EU and also Switzerland and Iceland) for a period of 5 years. After that period, you can apply for Portuguese passport (so you will then have dual citizenship) and will continue to maintain all the benefits that come with EU citizenship.

If you’re looking to buy or rent your dream Portugal property this year, then Ideal Homes can help to unite you with your perfect match.