News

Many of us have been anticipating the 5th April for a while as Portugal moves into the next phase of ‘deconfinement’.

Leading real estate company in Portugal, Ideal Homes International, delivers innovative solutions to help property investors across the globe leverage the massive drop in mortgage rates in the country.

With temperatures on the rise, summer is on its way to the Algarve. COVID restrictions are easing, flights are starting to arrive and property owners are preparing for a busy holiday season. Now is the time to purchase a property in the Algarve or add this stunning location to your holiday bucket list. There is no better place to invest in property or spend your holidays in 2021.

Great news if you are purchasing a property in Portugal, the interest rates on mortgage loans fell 2.4 basis points and reached a new low of 0.873% in January.

If you have not visited or heard of Lagos (Western Algarve) you have no idea what you are missing out on. The property for sale in the new developments is not to be ignored. Lagos is a popular vibrant holiday destination with so much to offer, known for its cliffs, walled old town and beautiful beaches.

Yesterday evening it was announced that Portugal has a slow roll out plan to start opening up ready for summer.

The Portuguese government has just granted an additional 6 month period for Golden Visa applicants to gain Portuguese citizenship. Which means you have until the end of 2021 to gain Portuguese residency and/or citizenship. 

Ideal Homes International has just released this amazing development in the heart of Lagos and is bringing special offers to you for the first five units sold! Interested foreign investors will not find this amazing deal with another real estate agency in Portugal.

Introduced in 2009, foreigners who reside in Portugal and meet certain criteria are exempt from paying tax on most forms of overseas income, including pensions, for a period of ten years. In essence, the NHR provides a ten year tax break on certain types of income streams. Advance planning can make these income streams tax efficient beyond the ten years.

Ideal Homes have announced they are starting a brand new property series for foreign investors all around the world wanting to buy property in Spain or Portugal

Freedom comes in the form of a Golden Visa! The Golden Visa Scheme was started in 2012 in Portugal and 2013 in Spain to enable foreigners to reside in either country with their families for a relatively small property investment. 

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.