The number of foreign tourists visiting Portugal soared nearly 13 percent last year to exceed 10 million for the first time, helping the recovery of a still fragile economy as the country enjoyed a sixth straight record year for Continue reading “Portugal tourist arrivals hit sixth straight record in 2016”
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Portugal has become a center of attraction for world-renowned stars in recent years. Among them is pop queen Madonna, film artists Monica Belucci and Harrison Ford, footballer Eric Cantona, singer Florent Pagny, the shoe of celebrities Christian Loub, Well, Portugal has become a country where celebrities go and settle. The French singer Florent Pagny explained to press that he said, “Portugal has made changes in tax system about 5-6 years ago, and Buddha played an important role in choosing place to settle celebrities. The most important reason for celebrities who once settled re is advantageous tax system in Portugal. I’m personally settling in Portugal to get rid of heavy tax system in France. I’m not a billionaire but I have some money and re is no wealth tax, inheritance and successors are not paid in succession tax. Furthermore, re is no tax on copyrights for ten years. Can you get what is already a very nice country and life is extraordinarily relaxed? I think most celebrities are settling in Portugal for se reasons.
” No paparazzi culture Portugal Magazine in Visio, news in this regard in the selection of our real estate prices in tax system of famous artists in elections in Portugal, the important role of high-end property prices in Europe’s major capitals In spite of the price of the square meter in Lisbon is 2000 euros. Jean-Pierre Pinheiro, director of Portuguese Tourism bureau in Paris, said that life in Portugal is 25-30 percent cheaper than France and that cities are less crowded than or countries, “Portugal is less magazine than or countries The magazine is not disturbed by celebrities photographers. The Portuguese stars, like footballer Ronaldo, are experiencing less problems at home than abroad. The same goes for journalists, Portugal does not have much paparazzi culture, and journalists respect privacy of celebrities. He already said that he comes on vacation without disturbing Prince of Sarkozy and Monaco.
“ No paparazzi culture Portugal Magazine in Visio, news in this regard in the selection of our real estate prices in tax system of famous artists in elections in Portugal, the important role of high-end property prices in Europe’s major capitals In spite of the price of the square meter in Lisbon is 2000 euros. Jean-Pierre Pinheiro, director of Portuguese Tourism bureau in Paris, said that life in Portugal is 25-30 percent cheaper than France and that cities are less crowded than or countries, “Portugal is less magazine than or countries The magazine is not disturbed by celebrities photographers. The Portuguese stars, like footballer Ronaldo, are experiencing less problems at home than abroad. The same goes for journalists, Portugal does not have much paparazzi culture, and journalists respect privacy of celebrities. He already said that he comes on vacation without disturbing Prince of Sarkozy and Monaco.
The country has won 37 awards in those who are considered the Oscars of Tourism, the World Travel Awards.
We are already more than accustomed to winning international tourism prizes – whether by the lifestyle of Lisbon and Porto, the northern or Alentejo landscapes or the beaches that many consider paradisiacal – but this is special.
For the first time, Portugal was considered the Best European Destination in those who are considered the Oscars of tourism, the World Travel Awards. The results were announced this Saturday, September 30, at a ceremony in St Petersburg, Russia.
In addition to Portugal, the United Kingdom, France, Germany, Norway, Italy, Austria, Greece, Ireland, Spain, Turkey, Sweden, and Switzerland were nominated for the prize.
In total, Portugal was the country that received the most awards – 30% of them all. There were 37 prizes, 13 more than last year. For the moment, only the results are known at a European level. The vote that puts Portugal in competition with countries from other continents runs until October 30. Get to know the main categories in which Portugal was considered the best (and all the winners on the official World Travel Awards website).
Best Leading Airline for Africa: TAP
Best Leading Airline for South America: TAP
Best InFlight magazine in Europe: Up Magazine (TAP)
Best Cruise Port in Europe: Lisbon
Best company in river cruises: Douro Azul
Best beach destination in Europe: Algarve
Best destination island in Europe: Madeira
Best tourism development project in Europe: Passadiços do Paiva
Best official tourism agency: Turismo de Portugal
Best all-inclusive resort: Pestana Porto Santo All Inclusive Beach & Spa
Best beach resort: Quinta do Lago Hotel
Best boutique hotel: Vila Joya
Best boutique resort: Vila Joya
Best design hotel: Altis Belém Hotel & Spa
Best landmark hotel: Bairro Alto Hotel
Best Lifestyle Resort: EPIC SANA Algarve Hotel
Best business and luxury hotel: Pestana Palace
Best Luxury Lifestyle Resort: Conrad Algarve
Best hotel for meetings and conferences: Ria Park Hotel
Best hotel in the MICE category (presentations, meetings, conferences): EPIC SANA Lisboa Hotel
Most Romantic Resort: Monte Santo Resort
“After the Arab Spring, some sunny destinations and traditional stars such as Morocco have been perceived as unstable. This has played in favor of Portugal, which enjoys the same advantages as the beach, the sea, the climate and prices not dear, “said the journalist, who recalls that” there was no shocking event in recent years in Portugal “.
Hotel development up to 620 rooms Hotel and real estate development on coast for 70 ha resort
Portugal attracts the stars. The queen of pop, Madonna, the cobbler, the most famous of the world, Christian Louboutin, the ex-footballer Eric Cantona, actors Harrison Ford, Monica Belluci or the designer Philippe Starck has one thing in common: their love for Portugal, where they decided to live.
While Florent Pagny announced this on Monday in Paris his decision to move to the country of fado, why Portugal is becoming the new Eldorado of the celebrities?
A significant tax benefit
“Life is extraordinary there. But I’m also going to be for real tax reasons, ” says Florent Pagny in Paris to explain his decision to move to Portugal. “No tax on inheritance and succession. No taxes on capital. I’m not wealthy but I hope to get there. And for ten years, no tax on the royalties. And so many artists say that it may be worth “, details there.
“What have we to offer in addition to those that could choose any other corner of the world to move to? “, asked the journalist Vânia Maia, in a lengthy investigation published in the Portuguese magazine Visao.
“The amendment of the law on taxation, there are five or six years, plays an important role in the establishment of foreigners in Portugal, whether they are famous or not,” the journalist Vânia Maia.
A real estate affordable
“We have waged a big campaign of communication on the assets tax in Portugal. What eventually emerged in the articles published on this subject, it is the price of real estate. It takes on average 2,000 euros m2 to install in Lisbon “, explains Jean-Pierre Pinheiro, director of the office of Tourism of Portugal in France, which also estimates that ” the cost of living is 25% to 30% less expensive than in France “. “Even if we see a rise in the price of the real estate with the arrival of the foreigners, it still remains very affordable,” says his side the journalist.
A privacy preserved
In Portugal, the celebrities are not harassed by the photographers. “Portugal has fewer titles people than other countries. The stars of Portugal, as the footballer Ronaldo, have fewer problems at home than abroad “, points out Jean-Pierre Pinheiro. Same story at the journalist: “there is not a lot of paparazzi and the people here respect the private lives of celebrities, we still do not have this culture “people”. “It is for this reason that Sarkozy and the princesses of Monaco come on holiday here without being pestered. Love from Portugal, a country that it considers ” beautiful “, the Italian actress Monica Belluci also love the Portuguese people”
warm, but unobtrusive “.
The major advantage of Portugal is the security. “After the Arab Spring, some sunny destinations and traditional stars such as Morocco have been perceived as unstable. This has played in favor of Portugal, which enjoys the same advantages as the beach, the sea, the climate and prices not dear, “said the journalist, who recalls that” there was no shocking event in recent years in Portugal “.
An idyllic destination well served
Eric Cantona moved to Lisbon in early 2016, with his wife, actress, and director Rachida Brakni.
“My son and my daughter are in high school French, we live at the edge of the sea, two hours from Paris, there is the sun, the good food, the social mix… I love France, I will come back, it is my country, but Lisbon offers us a framework of idyllic life,’ said she in February in the columns of Version Femina.
“Portugal is a country well served, it is easy to find a flight to Paris, another European city or another destination “, further noted the journalist.
While Lisbon is growing, the coast of the Alentejo is still a place where simplicity dominates. Was Comporta, an hour’s drive south of Lisbon, you will discover long white sandy beaches, pine groves and vast rice fields: “The region has kept its authenticity and attracts the artists,” says the journalist. The place has become a refuge for celebrities, who are outside during the summer months when the beaches of Lisbon and the Algarve are crowded with tourists.
“In Portugal, the humans are more human. This is the last place in the world where there are people who are proud, intelligent, handsome, honest, workers. there is a beauty that no longer exists elsewhere, ” enthuses the designer Philippe Starck, who has two villas there.
Same goes for Christian Louboutin, happy owner of two houses in Portugal, one in Lisbon and the other in Melides in the Alentejo region, which boasts the beauty of the gardens Portuguese, ” among the most beautiful in the world “. “I like Portugal because I love the Portuguese,” says he.
“Portugal has many strengths in addition to the sea, the climate, the food and the hospitality “, summarizes the journalist. One understands better why the stars respond to the call of the saudade !
Holiday Letting has been popping up throughout Europe, especially in the more tourist-oriented countries. We look at what measures are being enacted to regulate this ever-growing phenomenon.
Italy – Tax withheld by internet platforms (‘the Airbnb Tax’)
Beyond facing a shortage of long-term rental housing, Italy looks to control the parallel market as well as tax evasion often associated with Local Lodging. The government has adopted new rules for people who let out on a full-time basis, using internet platforms to promote their properties. Owners pay upfront a flat rate of 21% charged by means of withholding tax collected by the platforms that act as intermediaries between operators and tourists.
This “improper use” is prohibited in the cities of Berlin, Hamburg, and Munich. The regulations vary from state to state. Berlin, for example, has strict rules and understands that there is “misuse” whenever, among other things, there is a daily or weekly rent paid. Exceptions are possible only under strict conditions. On the other hand, the implementation of these rules has been increasingly visible. Authorities have begun to carry out on-the-spot inspections and also check internet platforms for intermediary sales. The penalties to be applied to offenders are steep. In Berlin, for example, fines can reach €100,000.
France – letting over 120 days a year prohibited
Short-term let’s have been under intense scrutiny in France. In October of last year, a new law imposed regulations to apply to cities with more than 200,000 inhabitants and to all of the greater Parisian region. This legislation distinguishes between properties that serve as residences for their owners and those used exclusively for holiday letting. The former can only be let to tourists for 120 days a year, at the end of which the ads will have to be removed from internet sites until the following year. Monitoring should be done by the platforms themselves, although sanctions have yet to be established.
Exclusive use for Local Lodging requires a re-registration for commercial purposes. Non-compliance can result in fines of up to €50,000. When annual turnover exceeds €23,000, the owner must register as a sole trader and pay the appropriate contributions. In larger cities, prior registration is also required, the number of which must appear in the rental advertising. The owners who do not comply risk steep fines.
Portugal – registration number required on internet platforms
Portugal has undergone several legislative changes since the category of “Local Lodging” was originally introduced. The latest update occurred in July 2017 when it became mandatory for Local Lodging advertisements to display the registration number issued by the National Tourist Registry. As a result, in the second quarter, there were 8,650 new official Local Lodging licenses (“AL”), representing twice the amount over the same period of 2016.
The phenomenon is explained not by a large-scale entry of new offerings into the holiday letting market, but rather by the legalization of existing units. Online platforms, such as Airbnb, agreed to implement the measure. Fines can go up to €32,500. There were already other rules, notably the registration of operators in Category B of the IRS, as well as comprehensive security requirements. Further initiatives are currently under discussion in Parliament
Spain – anti-tourist demonstrations and a web of new laws
Spain has been in the news, with groups of protesters demanding restrictions on Local Lodging in areas such as Barcelona, Baleares, and San Sebastian. In Spain, the autonomous communities are free to establish their own regulations and are increasingly doing so. The measures range from simple requirements, such as a local tourist register or civil liability insurance, to more demanding measures such as tourist taxes, prohibition of new accommodations or the imposition of a permit from condominium neighbors.
Over the past year, the city of Barcelona has ordered the closure of 2,332 apartments operating illegally as local lodging establishments. Authorities also fined another 3,473 operators in amounts ranging from €3,000 to €60,000 as part of their “zero tolerance” policy.
Figures published by Portugal Statistics (INE) this week revealed that new properties continued to report growth, while used properties, while still recording strong increases, slowed during the second quarter of the year.
The INE said that a total of just under 37,000 properties were sold between April and June, which is up 16.1 percent on 2016 and almost five percent above the number registered between January and March this year.
The total value of real estate sold during the second quarter was up 23.3 percent on last year, totaling 4.6 billion euros, of which 3.7 billion euros accounted for used homes.
Madonna Has Reportedly Purchased a $9 Million Castle in Portugal
A series of Instagram posts from the singer have revealed that Madonna has purchased a new property in Lisbon, Portugal, and reports show her as having snapped up an 18th-century Moorish revival estate for €7.5 million (US$8.9 million). The 16,146-square-foot mansion has seven bathrooms, a guest house, and a caretaker’s cottage, though it appears to be in need of major renovations. The property, known as Quinta do Relógio, was once a honeymoon destination for the king and queen in the 19th century
PORTUGAL REAL ESTATE 