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Actualités Portugal - Cristiano Ronaldo fera partie de l’équipe du Portugal pour le tournoi de qualification de l’UEFA Euro 2024 qui aura lieu de mars 2023 à mars 2024. Le tournoi de qualification déterminera les 23 équipes nationales masculines membres de l’UEFA qui rejoindront l’équipe hôte automatiquement qualifiée, l’Allemagne, dans le tournoi final de l’UEFA Euro 2024. Les anciens champions d’Europe du Portugal sont en tête du Groupe J pour les qualifications pour la finale de l’année prochaine en Allemagne. Ils affronteront la Slovaquie à Bratislava vendredi prochain avant d’accueillir le Luxembourg trois jours plus tard. Le buteur portugais Cristiano Ronaldo dos Santos Aveiro joue en tant qu’attaquant et capitaine pour le club saoudien Al Nassr et pour l’équipe nationale du Portugal. L’entraîneur portugais Roberto Martinez a déclaré que Ronaldo a marqué cinq buts en quatre matchs de qualification jusqu’à présent et a ajouté : "Je peux vous dire que je suis très heureux d’avoir Cristiano Ronaldo dans mon équipe. Un joueur avec 200 apparitions, c’est quelque chose d’unique !" Une vidéo qui est un hommage à Cristiano Ronaldo a récemment battu le record de la vidéo la plus vue sur la page Instagram de la Fédération portugaise de football avec plus de 8,5 millions de vues et atteignant 15 millions d’abonnés sans aucun investissement dans les médias payants en seulement 24 premiers heures. Voici la vidéo qui rend hommage à Cristiano Ronaldo par la Fédération portugaise de football : Vidéo qui rend hommage à Cristiano Ronaldo par la Fédération portugaise de football #actualitésportugal #actualitéscristianoronaldo #cristianoronaldoferapartiedeléquipeduportugalpourletournoidequalificationdelUEFAEuro2024 #vidéoquirendhommageàcristianoronaldoparlafédérationportugaisedefootball #fédérationportugaisedefootball

According to The Jerusalem Post, Portugal tops Israeli real-estate investments compared to those in other foreign countries. Portugal is trending for investors in the real-estate sector and hundreds of Israeli investors just participated in the first-ever online conference for Israelis who want to buy land in Portugal. Real-estate investment trends for Israelis show that the top EU markets include Portugal, Greece and Cyprus according to The Times of Israel. Portugal’s performance is due to its high yield potential of 8-12% with attractive financing options and an increase in value of around 60% since 2018. Projects marketed to Israelis are currently mainly in Porto but major developments are expected in 2023 including sales fairs in other areas of Portugal. The Times of Israel describes how housing prices in Israel have skyrocketed since the COVID pandemic. Israeli investors are looking for foreign investments in safe harbors where attractive yields can be obtained for less than a small fortune. A strong shekel makes it possible for Israelis to buy abroad in markets where real-estate is cheaper and where there is less market volatility as well as more attractive loan terms. Options in Tel Aviv and other big cities in Israel are limited whereas options abroad are more affordable. With prices in Israel increasing by 19% in 2022, industry experts say that this increase is not due to a bubble that is likely to burst but rather to a housing shortage. Prices in Israel are therefore expected to rise whereas this is not the case in other countries that are targeting foreign investments. While Greece and Cyprus have been key markets for Israeli investors, Portugal is now trending and investors are looking into big cities like Porto and Lisbon where the real-estate market is well-developed and legal fees are low, while offering good rental returns. According to The Times of Israel, Israelis can buy an apartment in Portugal with a down-payment of only NIS 300,000 and then borrow the difference to invest in a property that costs NIS 1.5 million, that is U$ 430,000. The yield is much higher than what could be obtained by investing in a small apartment in most areas in Israel. In sunny Algarve with its golden beaches, there are properties priced from EUR 150,000 to EUR 200,000 that are brand new, beach-front apartments with two or three bedrooms which could be financed with NIS 300,000 and a small loan. It is to be noted that the Portuguese Citizenship Law enacted in 2013 allows Jews who are descendants of deportees from Portugal to obtain citizenship. Since 2015, more than 137,000 Jews have applied for Portuguese citizenship under this provision and more than 57,000 of them have obtained it. This Law allows Sephardic Jews to go back to their roots and return to their historical and cultural heritage. Source: https://www.portugalbusinessesnews.com/post/portugal-tops-israeli-real-estate-investments #portugalrealestate #portugalisrael #TheJerusalemPost #TheTimesofIsrael #portugalproperty #portugalinvestment #portugalnews #portugalbusinessnews

US real estate investment and hospitality management firm Highgate is entering the Portuguese market with 18 hotels. Highgate, that manages assets valued at over USD 20 billion, is now becoming a major player on the Portuguese market. Highgate’s operating platform HG Portugal is starting its operations with a portfolio of 18 hotels located in the Algarve, Lisbon, Porto as well as other regions according to Negócios. Highgate entered the Portuguese market following the acquisition of tourism assets belonging to ECS Capital for an amount of EUR 850 million by a consortium headed by Davidson Kempner. The company manages over 500 hotels globally including brand names such as Hilton, Crowne Plaza, Westin, Hyatt Regency and Marriott. #Highgate #HGPortugal #DavidsonKempner #realestateinvestmentsportugal #hospitalitymanagementportugal #hotelnewsportugal #portugalnews #portugalbusinessnews

Real Estate investment in Portugal in 2022 registered an annual cumulative turnover that is 43% above the figures for 2021, showing an uptrend and a positive outlook for 2023. Real Estate investment in Portugal during the 3rd quarter of 2022 reached over € 1.100 million, which is double the sector’s cumulative turnover between January and September to reach € 1.920 million according to a study by Fortune 500 company JLL. The performance of Portugal’s real-estate sector is increasing the mismatch between supply and demand, leading to rising prices. Demand is driven by both domestic and foreign investors and is quickly absorbing supply as units are sold as soon as projects are launched. The office-space market segment was comprised of over 293.000 sq. m for the first nine months of 2022 in the Lisbon and Porto regions. The Lisbon region registered growth that is higher than the 2008 historical record, thus confirming unprecedented growth in 2022. The office-space as well as the industrial and logistics market segments were the most dynamic asset-classes, receiving 39% and 27% of capital allocations in the real-estate sector. There is a strong demand for large areas that are above 1.000 sq. m and a number of companies are choosing to rent office-space in advance, while projects are still under construction in order to ensure compliance to criteria such as sustainability. The Financial Services sector is driving demand and the Parque das Nações area received the largest market share. Prices for prime office-space are stable at € 26/sq. m monthly in the CBD. With the inauguration of the new World Trade Center, office-space supply increased by 25.000 sq. m and it is to be noted that new projects are obtaining sustainability certifications. Retail trade is boosted by tourism figures and brands are moving forward with expansion plans, in line with market growth. There is a mismatch between demand by the retail trade sector and the limited available supply. Despite rising consumer prices, the outlook for the retail sector is promising, mainly for brands located in shopping malls and retail-parks. In the industrial and logistics market segment, there is a shortage of new projects which is curbing industrial growth. Despite the lack of supply, there is a total supply of 323.000 sq. m. The third quarter was especially dynamic with 50% of annual figures for occupied space amounting to 163.000 sq. m. In this market segment, there is rising demand despite an increasing number of new projects. In addition to supply constraints, new projects are affected by rising costs and are taking longer to complete. According to Pedro Lancastre, CEO of JLL Portugal, Portugal’s real estate market is promising and is an asset class that is favored by investors. He added that, without any doubt, 2022 is one of the best years in Portugal’s history for the real-estate sector. Despite rising inflation and interest rates, the unemployment rate is at a record low and savings levels are high. All these factors show that supply levels are clearly suboptimal in all real-estate segments despite adverse macroeconomic conditions. Real-estate investments are driving competition between investors and are leading to investment projects that are above €100 million. This was the case for Atrium Saldanha by Sonae Sierra and Bankinter and for a co-living portfolio that is a joint venture between Round Hill and CPPIB. Both projects amounted to €200 million. There was also an industrial and logistics portfolio amounting to €125 million and an office-space portfolio comprising three buildings that amount to €120 million. Another investment included the purchase of the Novo Banco headquarters by Merlin Properties for €112.2 million. It is to be noted that foreign capital accounts for the largest share of investments, with 77% of cumulative investments. However, there are joint ventures between domestic and foreign market-players that led to major investments in 2022. Portugal’s real-estate sector is also obtaining higher yields with up to 25 basis points for a number of market segments, especially for office-space (4,25%), prime shopping malls (5,35%), food retail (5,00%) and care homes (5,25%). The other market segments are stable, with logistics at 4,75%, while hotels and student housing are at 5,0% and retail parks are at 6,25%. Figures for tourism for the third quarter of 2022 also registered an accelerated recovery with performance indicators that show not only much higher levels of activity compared to the two previous years but have reached thresholds that are similar to those of 2019, a year when the tourism sector reached record highs. The hotels market segment performed well during the period between January and August 2022, with 47.13 million overnight stays. These indicators are only 3% below 2019 levels and amounts spent were higher compared to 2019. Lisbon’s residential market is performing well during the 3rd quarter of 2022 with a number of new projects and an average price of € 4.270/sq. m, that is an 8% increase compared to the same period in 2021. In the luxury segment, the average price is stable at € 7.210/sq. m. In the rental segment for residential properties, there is higher demand despite limited supply, driving prices higher. Portugal’s real estate sector has shown both resilience and high growth despite macroeconomic challenges, thus supporting a positive outlook for 2023. Source: https://www.portugalbusinessesnews.com/post/portugal-realestate-2022 #realestateinvestmentportugal #investments2023portugal #JLL #PedroLancastre #SonaeSierra #Bankinter #RoundHill #CPPIB #MerlinProperties #WorldTradeCenter #portugalrealestate #portugalnews #portugalbusinessnews

Portugal’s Housing Market may be facing bubble trouble according to S&P Global Ratings in a report in January. The report predicts that Portugal’s house prices will fall by 4.4% in 2023, after rising by 6.8% in 2022. This would be the biggest fall compared to the forecast for 10 other European countries. The ratings agency links this price fall to Portugal’s higher interest rates that are reflected on mortgages that are at a variable rate. S&P predicts that sharp price corrections in the housing market will deepen and lengthen the recession all across Europe. The rapid increase in house prices outpaced the increase in income and in rents, while looming recession is expected to reduce real-estate investments. The current overvaluation in the housing market will be leading to price corrections. The S&P housing vulnerability score shows that Portugal has an average risk of price corrections, while Luxembourg, Norway and the UK are at high-risk amidst rising interest rates. In neighboring Spain, S&P predicts that home prices will drop by 2.5% this year after increasing by an estimated 4.1% in 2022. Some countries look more vulnerable than others to a 'boom and bust' scenario due to excessive price growth and high household debt. IHS Markit's housing market 'heat' index highlighted vulnerabilities in Luxembourg, Sweden, the Netherlands, Czechia and Denmark. While in the eurozone overall, the increase in house prices since Q4 2019 is over 13%, in Portugal it went up by almost 17%. House prices in the eurozone increased by 8.8% y/y in Q3 2021, up by two percentage points versus the prior quarter and the fastest rate of increase in the series' history which goes back to 2005. What is relatively new is the acceleration in the pace of house price increases in the EU since the start of the COVID-19 pandemic, with increasing demand for housing in a context where the monetary policy was stimulative. The spectacular rise in Portugal’s real-estate prices was driven by foreign buyers through the golden visa program and the National Statistics Institute reported that this exacerbated the problem of housing affordability for locals. Portugal is facing a housing crisis according to a survey by Expresso and citizens would like the Government to cut-back incentives linked to the Golden Visa program. Foreign investments increased by 42% compared to the previous year, reaching € 654 million in 2022, mainly due to U.S. and Chinese investors. Bloomberg indicates in a January 24th report that foreign demand drove Portugal’s house prices to a 30-year high. While the report stated that international buyers helped fuel a hot real-estate market, data from Confidencial Imobiliario shows that Portugal’s housing market is now slowing down. This scenario is further strengthened by the S&P Global Ratings report that is expecting bubble trouble on the housing front. Source: https://www.portugalbusinessesnews.com/post/is-there-bubble-trouble-for-portugal-s-housing-market #housingbubbleportugal #SPGlobalRatings #realestatepricesportugal #IHSMarkit #Expresso #Bloomberg #ConfidencialImobiliario #portugalnews #portugalbusinessnews #portugalinvestmentnews

Portugal house prices increase by 13.1%, which is nearly twice the Eurozone average increase that is 6.8% in the third quarter of 2022. The average increase of house prices in the EU is 7.4% according to Eurostat. Portugal registered a sharp rise in house prices during the last quarter of 2022 with 13.1% compared to only 2.9% as measured by the year-on-year change. Countries that register house price increases of more than 10% are Estonia with a 24.2% increase, Hungary with a 21% increase and Lithuania with a 19.3% increase. According to Eurostat, house prices have increased by 49% since 2010 while rents have increased by 18%. During that same period, house prices more than doubled in Estonia, Hungary, Luxembourg, Lithuania, Latvia, Czechia and Austria. The percentage change between 2010 and Q3 2022 for Portugal is approximately 80% for house prices and around 30% for rents. Source: https://www.portugalbusinessesnews.com/post/portugal-house-prices-increase-by-13-1 #Portugalhouseprices #portugalrealestate #portugalinvestment #Eurostat #portugalnews #portugalbusinessnews

Portugal will have Europe’s first Green Movie Studio with Tage Studios investing € 200 million in Palmela, that is located south of Lisbon. The Tage Studios project will develop what is set to become Europe’s first sustainable movie studio by 2025 according to The Hollywood Reporter. The innovative project will be developed by David Hallyday, the son of famous French singer Johnny Hallyday. What is set to become Europe’s and maybe the world’s first eco-friendly filming studio will have soundstage facilities with photovoltaic panels as well as rainwater recovery and re-use. Moreover, the landscaping will be designed to preserve local biodiversity and the construction materials will be locally sourced and recycled with plans to recycle at least 85% of construction waste. While major European studio facilities, like London’s Pinewood and Studio Babelsberg outside Berlin, are trying to retrofit their facilities to be more eco-friendly, Tage Studios is among the very first to be designed as a green project. Once complete, the facility will also be Europe’s largest in terms of studio space. Tage Studios chose Portugal because it is the California of Europe, with an average of 300 days of sunshine per year, and because the Portuguese government has set ambitious goals to reduce greenhouse gas emissions and to increase the use of renewable energy. According to Claire Havet, the project manager of Tage Studios, “Lisbon was named the Green Capital of Europe in 2020. We’ve been fully supported by the Portuguese government, who have declared our studio to be of national interest.” #greenmoviestudioportugal #TageStudios #investmentsportugal #moviesetportugal #portugalnews #greennewsportugal #portugalbusinessnews

Coca-Cola is investing EUR 8 million in a new warehouse in Setúbal, southern Portugal. This new investment, that will nearly double storage capacity, will be operational by the end of 2023. Increased storage capacity means less transport costs, that will decrease the company’s carbon footprint. The company expects to decrease transport operations by 65%, that will decrease carbon emissions by 513 tons, according to Negócios. Coca-Cola, that is produced and appreciated in Portugal since 1977, employs around 400 people and produces around 250 million liters each year. #cocacolaportugal #cocacolacarbonfootprint #investmentsportugal #portugalnews #portugalbusinessnews

Portugal news - What is the forecast for property prices in Portugal in 2023? House prices in Portugal are following a steep upward trend since the last two years and are expected to increase by 8.2% per year according to a new study by the University of Munich. Rising foreign demand in Portugal, that is due to its sunny weather and secure environment, is leading to higher-than-average price increases compared to other western European countries, where property price increases are expected to be at around 7%. In other southern European countries, the expected price rise is around 10 to 15%. Globally, the highest property price increases are in Eastern Africa and Southern Asia, where they are expected to rise by 20% yearly. In Portugal, the real-estate market, that is already booming due to both local and foreign demand and that is making news headlines due to unaffordable prices for the average Portuguese, is still heating up and experts say that the rise in prices is not expected to slow down. For the average Portuguese, buying a property has become a challenge since the down-payment to buy a house has doubled within only 5 years between 2017 and 2022 according to a study by the Francisco Manuel dos Santos Foundation. According to the real-estate market study, the initial capital required to make a 'down payment' on a medium-sized house increased from around 30,000 to 56,000 Euros in Lisbon, while it increased from 16,000 to 37,000 Euros in Porto within only 5 years. Access to housing has become a hot topic and the Portuguese Government recently took a series of bold measures to increase the housing stock. #portugalnews #portugalrealestatenews #portugalpropertyprices2023 #whatistheforecastforpropertypricesinportugalin2023 #arepropertypricesrisinginportugal #whataretherealestatemarkettrendsinportugalin2023 #housingmarketportugal2023 #UniversityofMunich #whatistheexpectedpropertypriceincreaseinportugal #whatisthepercentagepriceincreaseofpropertyinportugal #FranciscoManueldosSantosFoundation

Portugal news – A real estate investment in Portugal amounting to EUR 850 million was just approved by Portugal’s Competition Authority. The investment, that was announced at the end of December, was the largest real-estate deal for 2022. US investment firm Davidson Kempner Capital Management LP, that manages assets valued at over USD 36 billion, has obtained the green light to purchase a portfolio of tourism assets that are part of Projeto Crow. The assets, that were owned by ECS Capital, will be purchased from the Tourism Recovery Fund FRT, the Venture Capital Fund, PTREL Management; as well as shares bought by banks from long equity fund FLIT that includes assets held in PTREL, SICAV-SIF, S.C.A. and other companies. The portfolio, that includes 17 luxury hotels as well as other real-estate assets, will be sold to Hospitality Living Portugal that is affiliated to Davidson Kempner. Real estate assets include 17 golf courses located in northern Portugal, Lisbon and the Algarve; as well as a shopping mall in Madeira’s capital Funchal and two warehouses in the districts of Lisbon and of Braga in the north. The luxury hotels include the Nau hotels brand that was created by ECS Capital, including 5-star hotel Palácio do Governador in Lisbon as well as Cascatas Golf Resort & Spa in the Algarve. #portugalnews #realestatenewsportugal #investmentnewsportugal #DavidsonKempnerCapitalManagementLP #ProjetoCrow #ECSCapital #tourismrecoveryfund #VentureCapitalFundPortugal #PTRELManagement #SICAVSIF #SCAPortugal #ProjetoCrowportfolio #HospitalityLivingPortugal #HospitalityLivingPortugalportfolio #PaláciodoGovernador #CascatasGolfResortSpa

Portugal news - What are the real estate trends in Portugal in 2023? Portugal’s real estate trends contain surprises as demand has shifted gears and property investors are now targeting northern Portugal. Moreover, despite the accelerated pace of new constructions in Portugal, supply is still not catching up with demand for holiday homes. While demand for properties in Portugal is mainly due to individual Portuguese investors who are buying secondary residences, foreign demand has also accelerated in the wake of the pandemic. Foreigners are now focusing on the luxury property market in northern and central Portugal, with investors from Brazil, North America, France, the UK and Sweden. What are the new source markets for real estate in Portugal? The pandemic has created new markets with investors from Russia and neighboring countries now investing in Portuguese real estate due to the ongoing war in Europe. The new source markets for real estate in Portugal are located in countries that are close to conflict zones, including Finland, Ukraine and Russia. Individual foreign investors are selecting Portugal for buying a secondary residence since they can benefit from special tax regimes for foreigners. What are the hottest real estate markets in Portugal? Demand for real estate in Portugal is now centered on properties that are located outside urban areas, as investors are seeking luxury holiday homes with outdoor spaces, pools, terraces, and leisure amenities. Statistics from INE show surprising real estate trends between 2011 and 2023, since holiday homes have mainly been built in northern Portugal. During that period, one third of new holiday homes have been built in the north, that account for nearly 12,000 new properties in this market segment. Central Portugal is also on the map for new investments, since 8,397 holiday homes were built during that period. The Algarve, that was traditionally the hottest market for holiday homes has only attracted 4,820 new constructions in this market segment, nearly half the number of new properties compared to investments in Central Portugal. Lisbon has attracted even less investment in the holiday homes segment during that period, since only 3,699 properties were built. So, what are the reasons that explain the new real estate trends in Portugal in 2023? Investments in the luxury holiday homes market have shifted from the Algarve to northern and central Portugal due to the price/quality ratio that is unrivalled. Investors are looking for beach houses that are located in rural areas along the Atlantic coast in places such as Viana do Castelo along the Atlantic coast in northern Portugal. A local legend says the town was named after a beautiful Rapunzel-like girl with long blond hair caught in two braids who was called Anna. She was kept in a castle made of stone and could only be seen at the castle’s window. A local boy fell in love with her and used to go and look at her when she appeared at the window and to tell everyone that he saw Ana: “Vi a Ana!” Northern Portugal is developing at an exponential rate with the rising number of renovation projects over the last decade. Since 2021, property sales have soared in this region with luxury properties dominating the market. The demand for holiday homes in Portugal is mainly driven by local investors and statistics show that they account for over 50% of real estate transactions for first and secondary residences. Such investments make it possible for Portuguese investors to have a weekend residence while also obtaining income from short-term rentals. Both local and foreign demand have been rising exponentially and the war in Ukraine has given an additional boost to a market that has shifted gears and is now centered in rural areas where the beaches are yet to be discovered. #portugalnews #portugalrealestatenews #portugalpropertynews #whataretherealestatetrendsinportugalin2023 #whatarethenewsourcemarketsforrealestateinportugal #whereisdemandforrealestateinportugal #whatarethehottestrealestatemarketsinportugal #statisticsforrealestatetrendsinportugalin2023

Actualités Portugal - Pourquoi tant d’Américains déménagent-ils au Portugal en 2023 et où achètent-ils une propriété ? Selon un article paru récemment dans The Economist, de plus en plus d’Américains s’installent en Europe et au Portugal pour échapper à la violence et aux conflits politiques aux États-Unis, et la principale motivation derrière cette tendance est qu’ils sont « à fuir » plutôt que « à la recherche ». Au cours de la dernière décennie, le nombre d’Américains qui ont déménagé au Portugal a triplé pour atteindre près de 10,000 personnes, ce qui est supérieur au nombre d’Américains qui ont déménagé aux Pays-Bas, qui est passé de 15,500 à 24,000, mais qui est inférieur au nombre d’Américains qui ont déménagé en Espagne, qui est passé de 20,000 à 34,000. Qu’est-ce qui attire autant d’Américains au Portugal et où achètent-ils des propriétés ? Les nord-américains sont devenus les principaux acheteurs de propriétés de luxe dans la région de Lisbonne en 2022, selon une étude récente. Au Portugal, 6 % des ventes immobilières étaient dues à des étrangers, dont 15 % à des acheteurs américains. 40% des Américains qui ont décidé d’investir au Portugal ont choisi Lisbonne pour acheter une propriété grâce aux prix compétitifs, mais aussi en raison d’un certain nombre de facteurs, notamment la sécurité, le climat, la qualité de vie et la qualité des services de santé et d’éducation. Les Américains sont devenus les principaux investisseurs dans les propriétés de luxe dans la région de Lisbonne et, alors que le montant moyen investi par les Américains pour acheter une propriété de luxe au Portugal est d’environ 850,000 euros, cette valeur augmente en fonction de la hausse des prix de l’immobilier. Selon le rapport sur le marché européen de Berkshire Hathaway Home Services pour l’été 2023, le marché immobilier de luxe au Portugal est à la mode et les acheteurs choisissent maintenant des propriétés qui ont des certifications environnementales et qui sont à quelques pas des magasins locaux car ils recherchent un style de vie décontracté. Les Américains sont fatigués de vivre dans un pays où ils ne se sentent plus en sécurité, où les prix de l’immobilier deviennent inabordables, avec un coût de la vie en hausse, et avec de plus en plus d’instabilité politique. Les tournées régulières sur le thème Vivre au Portugal organisées par la société privée Open Media aux États-Unis attirent un grand nombre d’Américains de la classe moyenne qui ne croient plus au rêve américain, car leurs regards se tournent maintenant vers le rêve portugais. Se détendre avec un verre de vin et profiter du coucher de soleil portugais est un rêve abordable et le Portugal est maintenant le nouveau rêve américain. #actualitésportugal #actualitésimmobilièresportugal #déménagerauportugal #pourquotandaméricainsdéménagentilsauportugalen2023 #combiendaméricainsdéménagentauportugal #questcequiattireautantdaméricainsauportugal #oùestcequelesaméricainsinvestissentauportugal #combiendépensentlesaméricainspouracheterunepropriétéauportugalen2023