Public liability cover has always been included in the building section of a home insurance, often referred to as public liability for family (responsabilidade civil familiar) but this does not cover anyone renting the property.
As per article 13-A of law 62/2018 from August 22nd, revised by article 347 of law 71/2018 from December 31st, all operators of short-term rental properties (titulares da exploração) are obliged to obtain a public liability insurance for their property with a minimum coverage of 75,000€ per liability case. Continue reading
Both bank valuations and prices of properties have been increasing continuously in previous years.
Since 2017 the average bank valuation per square metre has increased for 28 consecutive months and reached a new peak in July (1,283€). According to Statistics Portugal (INE) bank valuations carried out in July of this year increased by 0.9% in comparison to the previous month and 8.1% in comparison to July 2018. Continue reading
Since many years, Portuguese companies and service providers which operate from a fix or permanent commercial establishment, which is open to the public (this includes providers of holiday accommodation) are legally obligated to make available a Complaint Book in physical form. Continue reading
After 10 years in business, we (Kaiser Properties) felt it was time for an update/upgrade.
We wanted a new image which better reflected who we are today as individuals and as a company. We therefore started a rebranding process with the aim to get clear on our values and mission. What do we stand for? How do we differ from other companies that provide the same services and often promote the sale of the same properties? What makes our services special? Why should people choose us? were just a few of the questions we asked ourselves.
Forbes has elected Portugal as one of the 7 best places to get residency and a second passport in Europe.
According to Forbes, the American interest in establishing residency or citizenship in Europe has more options today than ever in history…
Kaiser Properties was one of the companies featured in this month’s edition of Portugal Inovador magazine, entitled Ano Novo – Casa Nova. Algarve Luxury (New Year – New Home. Algarve Luxury), a supplement of Público newspaper from April 8.
After taking a closer look in previous editions to the property markets in Lisbon and Porto, it was now time to cover the Algarve.
Full interview in English and Portuguese (page 38): Portugal Inovador Magazine (PDF)
On January 11, the Portuguese parliament voted in favour of the introduction of the Green Visa, an extension of the existing Golden Visa scheme.
The introduction of the Golden Visa programme in 2012 with the aim to attract investment from wealthy foreigners willing to invest at least 500,000€ in property or create 10 jobs in Portugal, is considered a huge success by some due to the huge amount of generated investment (around 4.2 billion euros, of which 3.8 million were invested in property) and an untransparent scheme, associated to corruption and money laundering, by others, including Transparency International. Continue reading
2017 has so far been the best year ever in terms of properties sold in Portugal, at least since 2009 when this sort of data was collected and registered for the first time. Although official data from National Institute for Statistics (INE – Instituto Nacional de Estatística) will not be released until March, it is already clear that last year is the new record year. Continue reading
For the second consecutive year, Portugal won the title World’s Leading Destination during the 24th edition of the prestigious World Travel Awards, also known as the Oscars of the tourism industry, which took place on December 10th in Phu Quoc, Vietnam. Continue reading