Dinheiro Vivo - German Institute predicts construction boom in Portugal by 2020
Instituto Ifo and Euroconstruct project 15% jump in construction in Portugal. In the last decade, the sector experienced deep recession. Woke up with tourism.
Instituto Ifo and Euroconstruct project 15% jump in construction in Portugal. In the last decade, the sector experienced deep recession. Woke up with tourism.
The portability of the property valuation is the possibility of the potential banking client, interested in the constitution of a contract, namely mortgage credit, to present to a credit institution an evaluation of the property referenced since it was carried out by an appraiser registered real estate appraiser with the Securities Market Commission for less than six months, thus avoiding a new charge concerning a new assessment required by the new credit institution in its credit application process.
A PS bill under discussion in Parliament provides for the portability of real estate appraisals performed by banks in the context of credit applications. For consumers it means that they will not have to pay for a new evaluation if they want to order from another institution.
The usufruct is, according to article 1439 of the Portuguese Civil Code, "the right to enjoy temporarily and fully a thing or right of others, without changing its form or substance".
The sale, carried out by Worx, is the third sale this year made by the consulting firm in Portugal to family offices. The buyer's name was not disclosed.
The CEO and shareholder of the Macanese company, Kevin Ho King Lun, reveals that KNJ will invest in various real estate projects in a hotel and a winery. In perspective is also the creation of a space to install "start-ups".