In an unexpected turn, Portugal has achieved a significant milestone with a budget surplus of 1.2% in the past year, surpassing the Ministry of Finance's forecast and marking the highest surplus in the country's democratic history. This fiscal triumph, revealing a surplus of €3.19 billion, signals a robust improvement from the previous year's deficit and represents a beacon of fiscal responsibility. However, this news arrives amidst a backdrop of economic tension and social hardship for...
In a groundbreaking move towards sustainable energy solutions, LuxOEnergy has inaugurated the world’s first factory simultaneously producing flexible photovoltaic panels and lithium batteries in the serene town of Moura, nestled in the Portuguese district of Beja. This cutting-edge venture, backed by a €5 million investment, marks a significant stride in the renewable energy landscape.
LuxOEnergy, co-founded and managed by Miguel Matias, commenced operations at the end of the...
Date:17.01.2024
In a historic development poised to reshape Portugal's transportation landscape, the caretaker government has given the green light for an international tender to construct and operate the inaugural section of a high-speed railway connecting Lisbon and Porto. This crucial approval, secured just in time, opens the doors to a substantial 729 million euros in funding from the Connecting Europe Facility, marking a significant milestone for the long-anticipated project.
Brussels'...
A Powerful Partnership for Buyers, Sellers, and Realtors
In a move set to redefine the real estate landscape in Portugal, PPProperty proudly announces its dynamic alliance with eXp Realty, ushering in a new era of innovation, unparalleled services, and limitless opportunities for property enthusiasts and Realtors alike.
Turbocharging Real Estate: The PPProperty - eXp Realty Collaboration
PPProperty, a renowned name in the Portuguese property market, is thrilled to reveal its strategic...
Nestled in the picturesque landscape of Portugal, the River Zêzere emerges as a breathtaking waterway, weaving through enchanting countryside and offering a plethora of activities and beauty spots for nature enthusiasts and adventure seekers alike.
Scenic Beauty: The River Zêzere, meandering gracefully through lush greenery and rolling hills, paints a serene portrait of natural beauty. Its crystal-clear waters reflect the surrounding landscapes, creating a harmonious blend of...
Renewable energy production in Portugal has reached an impressive milestone, surpassing consumption needs for a record-breaking 149 consecutive hours, according to energy manager REN. This achievement surpasses the previous record of 131 hours set in 2019, highlighting Portugal's significant progress in renewable energy generation.Between October 31st at 4:00 am and November 6th at 9:00 am, a staggering 1,102 Gigawatt-hours (GWh) of renewable energy were produced, exceeding the national...
In a move that's set to redefine our real estate marketing, PPProperty.com, a renowned player in the local property sector, has launched a comprehensive 360-degree marketing campaign that leverages the power of digital platforms, including YouTube, email marketing, Facebook, Instagram, and major national and international property portals. This initiative aims to propel www.ppproperty.com to new heights and further elevate its status in the real estate industry.
YouTube Channel:...
Portugal implemented the Non-Habitual Resident (NHR) regime to attract foreign investment in 2009. Over ten years later, the recent announcement of its discontinuation sparks questions about its financial impact on Portugal and international investors. Let's first look into the history of the NHR and the consequences and potential future effects of this policy change.
The NHR regime offered generous tax incentives that brought global investors into Portugal, this policy led to renewed activity...
Whichever side of the fence you are on, it is unlikely that Brexit is panning out as you expected. The government's own much lied about risk assessments has painted a bleak picture of the future, whichever Brexit we finally get.
Remainers are and always have been accused of scaremongering, it even has a name project fear.
For myself the most important function ot the EU has been peace, after all peace was the point, by trading with each other we could spread our wealth, create more wealth and...
Fires in Castanheira de Pera, Pedrógão Grande and Figueiró dos Vinhos.
On the 17th of June a fire started in Pedrogao Grande and spread quickly to cover a vast area.
It is still under investigation but it probably started with dry lightning, followed by a small tornado and high winds. It then spread over to the Coimbra area, in Gois.
I am Malin and I live in this area, I am part of the estate agency team at P.P.Property and have been working in...
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