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Sale of the marina and construction land allows liquidity enhancement to the US Lone Star fund, which will buy the New Bank. Market estimates that the business could yield just over 200 million euros
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The average bank valuation of housing in the Algarve and in the Metropolitan Area of Lisbon was 26% and 21%, respectively, higher than in the rest of the country.
The Tax Authority (Finance), through the Fraud Investigation and Special Actions Investigations Department, will reinforce inspections of the leased-house market, focusing in particular on leasing to tourists and students.
Law No. 43/2017 of June 14 amended the New Urban Lease Scheme (NRAU). We note the main changes.