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The Covid Effect on Property
Post by DGH, Sep 27, 2020.
Welcome to the post-apocalypse! With the deserted city streets, suspension of travel arrangements, and the obligatory mask-wearing, it is almost like we became extras in a sci-fi. And, while we keep hearing about a 'return to normality', we somehow sense that some things may have changed forever. In the Algarve, we have a special interest in knowing how this would affect the travel industry and property market. The onset of the virus demonstrated just how vulnerable the Algarve economy becomes as soon as the planes are grounded. Ultimately, almost all our local services are dependent on the freedom to travel. The UK and Ireland's denial of an air-bridge has effectively wiped out more than 60% of foreign tourists to this area during the main summer season and, let's face it, that is the only time of year that most businesses in the Algarve make a profit. So, there is definitely trouble ahead for the economy.Read more.....
Safe as Houses
Property Post by DJO, Sep 24, 2020.
Property always has and always will be the best long term investment and, unlike other investments, e.g. stocks and shares, insurance policies and pensions which can and have been reduced to zero, property will always have a value even in times of depression. Read more.....
Post by Central Algarve, Aug 27, 2020.
It's said that Portugal is the country where you are least likely to see a jogger, but whoever said that may have to eat their words if they stray into Lisbon on the day of the marathonIt's said that Portugal is the country where you are least likely to see a jogger, but whoever said that may have to eat their words if they stray into Lisbon on 18th March 2021 - the day of the marathon.....
There can be few greater endurance tests than to run the 26 miles 385 yards (42.195km) of a marathon. Many people declare their intention to run at least one race during their lifetime but, for all the bravado, only a small percentage actually do.
The Lisbon Marathon is one of the more popular in Europe, attracting the big names to the professional race and thousands to run either for charity or for the fantastic sense of personal achievement it must offer. The race starts in the PraÃÂ§a D Pedro IV (Rossio) and ends in the PraÃÂ§a do Municipio.
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